Latest news with #Walser
CNBC
5 days ago
- Business
- CNBC
Three Stock Lunch: Apple, Netflix and Snowflake
Rebecca Walser, Walser Wealth Management CEO, joins 'Power Lunch' to discuss Walser's investing take on three stocks: Apple, Netflix and Snowflake.
CNBC
6 days ago
- Business
- CNBC
Walser Wealth Management CEO breaks down how to play Apple and other tech names
Rebecca Walser, CEO of Walser Wealth Management, joined CNBC's "Power Lunch" on Wednesday to discuss Apple following a notable downgrade, as well as Netflix and Snowflake . Here's what she had to say about each technology name during the " Three-Stock Lunch " segment. Apple Walser said she agreed with Needham analyst Laura Martin, who downgraded shares of the personal technology giant to hold from buy on Wednesday. Martin said the company is facing relatively high valuation and growth competition. Walser said concerns over President Donald Trump's tariffs have weighed on the iPhone maker, with investors wondering what's next following the expiration of many of the president's delayed levies on July 9. Apple is known for its high proportion of international manufacturing. "It's not really Apple's fault," Walser said. "It's all the tariff talk and all the fact that, they have very heavily relied on supply chains to be in Asia." "This is a direct trade war between the United States and China, and it expires July 9," she added. "It's really concerning to us that we haven't seen headway." Despite the Needham downgrade, most analysts have a buy rating, according to LSEG. The average price target implies shares can rally more than 13% over the next year. That would mark a turn for Apple shares, which have fallen about 19% in 2025. Netflix Walser called Netflix "very expensive." The stock climbed to a 52-week high in Wednesday's session and has soared nearly 40% in 2025. "I would say right now, we are going to be a hold on this, potentially even a sell if we don't see that … subscriber growth and see the actual growth that they're projecting in the next quarter," Walser said. Netflix stopped reporting its quarterly subscriber figures in the first quarter of 2025, and Walser said she is concerned that she doesn't see the data going into those counts. The majority of analysts have a buy rating on the stock, according to LSEG. However, the typical price target suggests shares can slide more than 6% over the next year. Snowflake Walser also deemed data storage play Snowflake an expensive stock and said it could be a risk if the multi-year data investment cycle doesn't pan out as hoped for. Shares also hit a 52-week high on Wednesday and are now up 35% on the year. SNOW NFLX YTD mountain Snowflake and Netflix in 2025 "It's an expensive stock," she said. "And if that deal doesn't materialize, or it doesn't materialize to the extent necessary, then there is going to be a pullback, and you're going to have some unhappy people." Most analysts surveyed by LSEG have a buy rating on the stock. The average analyst foresees more than 6% in upside.
Yahoo
24-04-2025
- Business
- Yahoo
Novo Nordisk (NVO) Is a Good Short-Term Pick, Wealth Manager Says
Novo Nordisk (NVO), which develops weight-loss drugs, looks poised to perform well over the short term, Rebecca Walser, the founder and principal of Walser Wealth Management, told Schwab Network recently. Walser also identified semiconductor equipment maker Lam Research (LRCX) as a good pick for the near term. Khosro/ Why Walser Is Bullish on NVO NVO is 57% below its all-time high, and President Donald Trump recently directed his administration to work with Congress to increase the amount of time that drugs can be sold to Medicare without the government negotiating the prices to 13 years from nine years, Walser reported. The extra four years of "proprietary pricing" that NVO could receive from Congress for its weight-loss drugs would meaningfully help the company, according to the wealth-management professional. Meanwhile, NVO has a dividend yield of 2.4%, she pointed out. Why Walser Is Upbeat on LRCX Lam Research is 40% below its all-time highs and has "a decent growth trajectory," the wealth-management professional said. She suggested that LRCX could make a positive announcement or deliver strong earnings in the near term. The company is expected to unveil its quarterly earnings tomorrow. While we acknowledge the potential of NVO, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NVO but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
02-03-2025
- General
- Yahoo
This Florida homeowner has received $75,000 in fines for trash piling up the yard — and neighbors are speaking out
While there's nothing wrong with storing items on your property, it could be possible to take things too far. Especially if it negatively affects your neighborhood and the safety of those around you. In Tarpon Springs, Florida, one notorious man has reportedly been stockpiling home appliances and building materials damaged by hurricanes on his mother's yard. And while it's been happening for years, neighbors have complained it has gotten worse following Hurricane Milton and Hurricane Helene. I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) A near-record number of Americans are grappling with $1,000 car payments and many drivers can't keep up. Here are 3 ways to stay ahead Protect your retirement savings with these 5 essential money moves — most of which you can complete in just minutes 'I had planned to retire here and now I'm rethinking it,' Denise Ramirez, who lives next door to the property, shared with ABC Action News. 'I put all this money in and I may sell [my home]. I don't want to live next to this, this isn't how I want to spend my last years.' With neighbors now calling it an 'appliance graveyard,' it was only a matter of time before this unsightly salvation project made the news. Steve Kaufman, the man who's turned his mother's lawn into a suburban junkyard, says he is a general contractor but as ABC Action News reporter Adam Walser discovered, Kaufman doesn't have a state license. Walser caught up with Kaufman as he arrived at his mom's property with wood beams and an old tire on top of his minivan. As Wasler asked Kaufman about the appliances that were riddled across his mother's front lawn, Kaufman implied that he fixes them for his customers. 'Well, I had to hang onto them for customers, temporarily. I'm a general [contractor] so… I've got a buddy that does this with me.' Some of what's included in Kaufman's collection are household appliances, disabled vehicles, lawnmowers, bicycles, mattresses, wood beams, assorted furniture and rotted drywall. And since it's all been drenched in salt water from the hurricanes, neighbors can't quite understand what Kaufman is doing. 'Rotten drywall with mold is going to be converted into what, exactly?' Ramirez asked Walser. Not only are the neighbors confused, they're also concerned. The appliances on Kaufman's lawn — including refrigerators and washing machines — come with doors attached, and neighbors were worried about local children getting locked inside one of these appliances. 'I don't understand why,' said Kaufman. 'There's no locks on these things or anything.' When neighbors escalated their concerns to the police, officers arrived at Kaufman's mother's property and removed the doors from the appliances. During a 2023 Tarpon Springs code enforcement board hearing, an officer testified that the property has looked like this for at least five years (since around 2018) and confirmed the amount of 'trash' around the property and on the roof. Kaufman has refused to allow code enforcement officers to inspect the backyard, saying there were too many valuables stored behind the house. Angered by his non-compliance, the city has fined Kaufman's mother, Delores Kaufman, $125 a day since August of 2023. The collective fines are now approaching $75,000. When Walser spoke with Dolores Kaufman, she said she was aware of the situation with the fines and code violations, but also shared that she doesn't have any idea how to resolve it. 'I own the house but I can't do anything other than have him get rid of it,' she says. 'He's the one who brings it all in, not me.' Read more: Home prices in America could fly through the roof in 2025 — here's the big reason why and how to take full advantage (with as little as $10) Kaufman's neighbors are understandably upset that this situation has been drawn out for nearly two years, but unfortunately, there isn't much else that they can do. "It's a hard challenge due to the fact that state law only allows us to do so much,' says Tarpon Springs Major Taurean Mathis, a spokesperson for the city's code enforcement. 'I just ask that they [the neighbors] continue to work with us and let us do the right thing and let us do it the proper way." And while Major Mathis' words don't offer the neighbors much hope, Ramirez and the other concerned neighbors have done everything right with regards to Kaufman's mother's yard. In fact, anyone who finds themselves in a similar situation with a trash-collecting neighbor should follow the steps that Ramirez took. Step 1: File a complaint with the city. This will get the ball rolling as it alerts the city of the situation. City officials will then perform an investigation and the trash-collecting neighbor will be put on notice. This will start to put some pressure on the neighbor to clean up their yard, and if that doesn't work, the city may be inclined to issue fines, adding even more pressure to the situation. Step 2: File a report with the police. This will escalate the situation while allowing the authorities to take action if it's needed, like when the police removed the doors from all of Kaufman's appliances due to concern about local children potentially getting locked inside. If your trash-collecting neighbor didn't feel the pressure from the city's officials, a visit from the police may be enough to prompt the neighbor into action. Step 3: Alert your local news network. If steps one and two prove to be unsuccessful, contact your local news network and see if it may be interested in covering your story. Exposing your neighbor's yard on TV could add even more pressure to the situation and may spurn the neighbor into action. Jamie Dimon issues a warning about the US stock market — says prices are 'kind of inflated.' Crashproof your portfolio with these 3 rock-solid strategies 'I like this stuff': Self-made $500M mogul and YouTuber reveals his 'essential' US portfolio that he says Amazon 'can't hurt' — here's his secret formula and how you can copy it in 2025 Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
