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Pepsi, Kraft Might Not Be Meme Stocks But They Offer 'Slow And Steady Growth'
Friday, February 12, 2021 - 2:06pm | 417Several food and beverage companies reported earnings on Thursday and despite a somewhat boring reputation in the "meme stock" generation, a name like PepsiCo, Inc. (NASDAQ: PEP) offers "slow and steady growth," according to Boris Schlossberg, managing director of FX...
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'Trading Nation' Analysts Weigh In On Lemonade, IPO And SmileDirectClub
Monday, August 10, 2020 - 8:47pm | 235On CNBC‘s "Trading Nation," Boris Schlossberg of BK Asset Management said that a lot of newly listed companies don't have unique business models, but Lemonade Inc (NYSE: LMND) is an exception. He finds its proposition interesting because it takes pain from two points of view,...
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Pro On How To Play Oil: Buy The 'Biggest Players'
Monday, April 20, 2020 - 10:00pm | 346Oil prices for May delivery cratered to negative $37.63 on Monday, but one investment pro still thinks there's an opportunity in the sector. What Happened Value investors are facing an ideal opportunity as the energy sector once accounted for 70% of the entire S&P 500 index when oil was...
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Strategist Channels His Inner Elsa, Says Apple Investors Need To Let It Go
Tuesday, March 31, 2020 - 9:16am | 347The "Frozen" character Elsa famously declared it's time to "let it go" when her dark secret has been discovered. Boris Schlossberg of BK Asset Management has a similar message to Apple Inc. (NASDAQ: AAPL) investors. 'Absolutely' No Discretionary Spending The market...
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Tesla's Stock Crosses $400 Per Share For The First Time Ever
Thursday, December 19, 2019 - 12:38pm | 695More than 16 months after Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's infamous tweet that Tesla had “funding secured” for a buyout at $420 per share, the stock reached $400 for the first time ever on Thursday, and Tesla bulls are hoping Musk's $420 target may soon be a reality...
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'Trading Nation' On European Banks Amid Deutsche Bank Troubles
Tuesday, July 9, 2019 - 7:29am | 237On CNBC’s "Trading Nation" on Monday, Boris Schlossberg of BK Asset Management says if he's going to invest in European banks amid Deutsche Bank AG (NYSE: DB) struggles, UBS Group AG (NYSE: UBS) is his pick. "With $2 trillion in assets [and] a very diversified base, [...
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'Trading Nation' Breaks Down Under Armour, AMD, Starbucks And Hershey
Tuesday, July 9, 2019 - 7:23am | 327On CNBC’s "Trading Nation" on Monday, Under Armour Inc (NASDAQ: UAA), Starbucks Corporation (NASDAQ: SBUX), Hershey Co (NYSE: HSY) and Advanced Micro Devices, Inc. (NASDAQ: AMD) were named as stocks that have shot above their average price targets this year. Ari Wald of Oppenheimer...
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Pro Remains Confident In Alibaba Despite Trade War Concerns
Thursday, August 23, 2018 - 9:41am | 545Alibaba Group Holding Ltd (NYSE: BABA) has seen its stock fall more than 15 percent since its June highs due to trade war concerns. What's lost among many investors is that the Chinese company is a lot more than a simple e-commerce platform, according to Boris Schlossberg. The managing...
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Apple Investors: Be Prepared To Sell The News Thursday
Wednesday, November 1, 2017 - 2:29pm | 334Apple Inc. (NASDAQ: AAPL)'s stock came within pennies of hitting the $170 mark Wednesday as anticipation continues to grow ahead of Thursday's earnings report. Many analysts are assuming at this point that Apple's fiscal fourth-quarter earnings report will be positive and any iPhone X commentary...
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Is Now The Time To Buy Gold?
Monday, July 31, 2017 - 9:09am | 459There are several ongoing stories across multiple investment classes, including stocks trading near their all-time highs, oil is trading above $50 per barrel, and the U.S. dollar continues to struggle. Meanwhile, gold is on pace for its best monthly performance since February, which may be...
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Microsoft Is A 'Relative Value Bet' Ahead Of Earnings, Pro Says
Thursday, July 20, 2017 - 9:12am | 419Momentum is building this earnings season, and investors looking to capitalize on the hot tech sector may consider buying Microsoft Corporation (NASDAQ: MSFT) ahead of its earnings report on Thursday, at least according to Boris Schlossberg, managing director of foreign exchange strategy at BK...
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The 'Ghost Of Impeachment' Continues To Haunt Investors, Strategist Says
Monday, May 22, 2017 - 1:23pm | 415The likelihood of President Donald Trump being impeached is hotly debated among analysts and investors, with some analysts placing the likelihood of an impeachment at 15 percent—a figure that is high enough to spook investors who much prefer the odds to be at zero. Oppenheimer's John...
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The 'Trump Dump' Might Already Be Priced Into The Market
Sunday, May 21, 2017 - 6:35pm | 669Concerns about President Donald Trump’s possible impeachment over the firing of FBI director James Comey sent the Dow Jones Industrial Average tumbling more than 373 points. But while some investors fear the uncertainty of possible impeachment proceedings, others seem to be realizing that the...
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Here's Why A Trump Win Would Hurt The Australian Dollar
Friday, September 30, 2016 - 11:30am | 398It's no secret that the Mexican peso would lose value under a Donald Trump presidency, but according to Boris Schlossberg of BK Asset Management, investors looking to profit from the presidential election have missed the boat on this trade. Speaking to CNBC's "Trading Nation," Schlossberg pointed...
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Apple Moved More Than 2% In 5 Straight Sessions: Here Is Why This Is Notable
Thursday, September 15, 2016 - 4:49pm | 365Shares of Apple Inc. (NASDAQ: AAPL) were trading higher by nearly 3 percent as of early Thursday afternoon, adding to Wednesday's 3.5 percent gain. On Tuesday, the stock gained 2.4 percent and had risen 2.2 percent on Monday. Backtracking to last week, the stock fell last Thursday and Friday by 2.6...