Latest news with #post-LiberationDay
Yahoo
6 days ago
- Business
- Yahoo
Goldman Sachs says deal outlook is good, but timing is uncertain
By Tatiana Bautzer NEW YORK (Reuters) -Goldman Sachs President John Waldron said on Thursday that the outlook for investment banking remains "quite good." The bank's pipeline for deals worldwide is strong despite uncertainty over timing as U.S. tariff policies roil markets and stall activity, he told investors at a conference. "Our investment banking business is very strong, and I think the outlook remains quite good," Waldron said. "The pipeline is strong all over the world... but as we've already said, the element of volatility makes it hard" to predict when deals will materialize. Corporate clients have a positive bias toward transactions and are still holding discussions about mergers, acquisitions and raising capital, Waldron said. Despite a broader slump in M&A, he cited a 30% increase in large deals valued at more than $500 million in the year to date as evidence of the market's resilience. "Obviously in the second quarter it's been much slower than in the first... Nonetheless, even post-Liberation Day, we've worked on a number of very sizeable, important M&A transactions." Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
27-05-2025
- Business
- CNBC
We're pocketing a 170% gain on one stock and changing our rating on another
We are selling 50 shares of Broadcom at roughly $233. Following the trade, Jim Cramer's Charitable Trust will own 600 shares of AVGO, decreasing its weighting to 4.15% from about 4.5%. Stocks are surging Tuesday after President Donald Trump announced over the holiday weekend that he agreed to delay a 50% tariff on the European Union. Stronger-than-expected consumer confidence data also lifted stocks, especially those in the consumer discretionary sector. With equities rising across the board, we're taking the other side of the trade and using this strength to lighten up on our Broadcom position. Shares of this semiconductor maker and software company have come all the way back from their post-Liberation Day (April 2) lows and are now trading in positive territory for the year. The stock has also climbed 50% since the company announced a $10 billion share repurchase program on April 7, which was a clear sign of confidence in the company's future and that the sell-off was overdone. Although we continue to like Broadcom for the long term for its fast-growing AI business and VMware, we are downgrading our rating to a 2, meaning we would buy more shares on a pullback. From this sale, we will realize a gain of about 170% on stock purchased in August 2023. We're also increasing our GE Vernova price target to $500 from $460 to account for the recent momentum in its business. The stock has already blown past our initial $460 price target thanks to confirmation of our initial thesis that GE Vernova's gas turbine and grid technology business would become a beneficiary of trade deals. Also, Trump signed an executive order last Friday to boost the U.S. nuclear energy industry. But we are downgrading our GE Vernova rating to a 2. This downgrade does not reflect a shift in our long-term thesis on this energy equipment company, as outlined during our May Monthly Meeting on Wednesday . Instead, don't want to chase this move after the stock's double-digit gain to an all-time high since we initiated the position two weeks ago. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
India Gazette
26-05-2025
- Business
- India Gazette
India among top picks as JP Morgan turns bullish on emerging markets
New Delhi [India] May 26 (ANI): American investment banking firm JP Morgan has turned bullish on emerging market (EM) equities and includes India among its top picks along with Philippines, Brazil, Chile, Greece, Poland, and UAE. 'We upgraded our EM vs DM stance from underweight (UW) to Neutral, and we now move it further up, to overweight (OW)', said the JP Morgan report says emerging markets had four years of weak performance versus the developed markets (DM), lagging cumulatively by 40 per cent since 2021. 'Within EM, our EM strategy team continues to prefer markets with higher domestic exposures (India, Philippines, Brazil, Greece, Poland, and UAE) and strong bottom-up idiosyncratic catalysts (Chile and Korea),' added the report added, this year EMs have traded better than DMs. 'So far this year, EM are trading somewhat better, up mid-single digit vs DM, and up 2% relative ytd ex China. We upgraded EM to Neutral versus DM in March, and now take a step further, upgrading EM to outright OW versus DM,' said the EM, Chinese equities were the worst hit during the post-Liberation Day, and were down 13 per cent in less than a week. Chinese equities, however, recovered most of the losses post its 90-day temporary trade deal with the US. The US lowered tariffs on imports from China to 30 per cent from 145 per cent, while China reduced tariffs on US goods to 10 per cent from 125 per cent, for a duration of 90 days. But JP Morgan believes that 90 days is not enough to negotiate the trade deal between the US and China, and post 90 days if the US adopts aggressive stance EM equities will trade better. 'We recognize that 90 days may not be enough for the China and China to deliver a trade agreement, and the tariffs noise is unlikely to go away, but we do not expect the US to again adopt an aggressive trade stance towards China, which could allow EM equities to trade better.' said the report. On sectoral performances, the report said historically, the Mining sector performs well during periods when EM outperformed DM. The mining sector could find additional support from potential EM equity outperformance.'We reiterate our double upgrade of Mining sector that we did in March, after years of cautious stance.' said the report. (ANI)
Business Insider
25-05-2025
- Business
- Business Insider
‘Major Trigger Coming,' Says Investor About Dell Stock
Dell Technologies (NYSE:DELL) has been steadily climbing back up from its post-Liberation Day nadir in early April. Though its share price is still slightly down year-to-date, DELL has risen over 50% since reaching a 52-week low last month. Confident Investing Starts Here: There are plenty of AI-related hopes attached to Dell, which recently announced new servers that will be powered by Nvidia's Blackwell chips. The company's management has guided for 'at least $15 billion' for AI server shipments in Fiscal Year 2026, a strong indication that the company is well on its way to enjoying the fruits of the AI bonanza. Indeed, the company has revealed a $9 billion AI server backlog. As the company prepares to unveil its Q1 FY 2026 numbers later this week on May 29, one investor known by the pseudonym Oakoff Investments sees dollar signs up ahead. 'Dell Technologies Inc.'s upcoming Q1 FY2026 earnings are poised as a significant catalyst, expected to build on Q4's robust ISG [Infrastructure Solutions Group] performance and a rapidly expanding AI server backlog,' states the investor. Oakoff is positively bullish regarding DELL's AI prospects, believing that the $15 billion figure is only a 'starting point' for the company. Last quarter, ISG enjoyed an EBIT margin of 18.1%, which was significantly higher than the 8% margin from Q1 FY 2025 – another sign that AI growth is 'firing on all cylinders.' Moreover, the investor is optimistic that the company's Client Solutions Group could also deliver for DELL. Oakoff notes that the PC installed base is getting older, while the end of support for Windows 10 in October will mean that at least half a billion PCs could be in need of an upgrade. 'Dell's market standing in AI PCs is only going to progress and add another layer of top-line growth,' adds Oakoff. Further sweetening the pot, according to the investor's calculations, the company is severely undervalued, and could appreciate by some 32% going forward. A strong Q1 report should be part of this multiple expansion. 'The upcoming Q1 report should bring back optimism,' concludes Oakoff Investments, who rates DELL a Buy. (To watch Oakoff Investment's track record, click here) Wall Street is also projecting optimism prior to DELL's earnings report. With 12 Buy and 3 Hold ratings, DELL enjoys a Strong Buy consensus rating. Its 12-month average price target of $133.56 has an upside just shy of 20%. (See ) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Yahoo
24-05-2025
- Business
- Yahoo
Jim Cramer on Medtronic (MDT): 'I Like This Medical Device Powerhouse'
We recently published a list of . In this article, we are going to take a look at where Medtronic plc (NYSE:MDT) stands against other stocks on Jim Cramer's radar. On Friday's episode of Mad Money, Jim Cramer reflected on this week's market performance, with attention to upcoming earnings reports and broader market sentiment. 'Now we've been on a real rebound since post-Liberation Day meltdown back in the first week of April, with tech leading the way after really taking it on the chin.' READ ALSO: Jim Cramer Recently Commented On These 12 Stocks and Jim Cramer Put These 8 Stocks Under a Microscope Recently For this article, we compiled a list of 15 stocks that were discussed by Jim Cramer during the episodes of Mad Money aired on May 16. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey's database of over 1,000 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A surgeon in a modern operating room holding advanced medical devices with a sense of purpose and accuracy. Number of Hedge Fund Holders: 67 Noting Medtronic plc (NYSE:MDT) stock's inconsistency, Cramer advised investors to 'wait and see'. 'Also, Wednesday, we hear from Medtronic, and I like this medical device powerhouse, but the stock's been inconsistent even as the numbers tend to be pretty darn strong. That means it's hard to game. Another one, I gotta say, wait and see.' Medtronic (NYSE:MDT) is a well-known global company in medical technology that specializes in the development and sale of a broad range of medical devices and treatments. For the fiscal year 2025, the company expects organic revenue growth between 4.75% and 5% for the year. Additionally, Medtronic (NYSE:MDT) expects its diluted non-GAAP EPS to fall between $5.44 and $5.50, an expected increase of approximately 4.6% to 5.8% compared to the previous year. Overall, MDT ranks 11th on our list of stocks on Jim Cramer's radar. While we acknowledge the potential of MDT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MDT and that has 100x upside potential, check out our report about this cheapest AI stock. 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.
