Latest news with #USBankWealthManagement
New Straits Times
6 days ago
- Business
- New Straits Times
US stocks end lower as Israel-Iran fighting raises investor anxiety
NEW YORK: US stocks finished with losses on Tuesday as the Israel-Iran conflict raged on for a fifth day and kept investor anxiety high, with the US military moving fighter jets to the Middle East. Indexes added to losses in afternoon trading, and the Cboe Volatility Index rose to end at 21.60, its highest close since May 23. Reuters reported, citing three US officials, that the US military is deploying more fighter aircraft to the Middle East and extending the deployment of other warplanes. President Donald Trump called for Iran's "unconditional surrender". The war began on Friday when Israel attacked Iran's nuclear facilities. "We're in a period where visibility is not great, uncertainty is high, and the wall of worry is under construction," said Terry Sandven, chief equity strategist at US Bank Wealth Management in Minneapolis, Minnesota. Besides the Middle East conflict, investors are closely watching for any new information on Trump's tariffs, his tax-cut bill and US interest rates. A Federal Reserve monetary policy decision is expected on Wednesday, with policymakers widely seen leaving rates unchanged. All of the major S&P 500 sectors were lower except for energy, which gained along with sharply higher oil prices. Investors have worried that the conflict could create bottlenecks for oil exports from the oil-rich Middle East. Defence shares also rose, including Lockheed Martin, which was up 2.60 per cent. The Dow Jones Industrial Average fell 299.29 points, or 0.70 per cent, to 42,215.80, the S&P 500 lost 50.39 points, or 0.84 per cent, to 5,982.72 and the Nasdaq Composite lost 180.12 points, or 0.91 per cent, to 19,521.09. Sandven said the market could trade sideways until investors get more clarity, but earnings and other factors are likely to remain favourable for equities. Solar stocks fell after US Senate Republicans late on Monday unveiled proposed changes to Trump's tax-cut bill, including a phase-out of solar, wind and energy tax credits by 2028. Shares of Enphase Energy fell 24 per cent and Sunrun dropped 40 per cent. Eli Lilly shares eased 2.0 per cent after the company agreed to acquire Verve Therapeutics for up to US$1.30 billion. Shares of Verve surged. Earlier Tuesday, data showed US retail sales dropped more than expected in May, while factory production barely rose last month. "The resilient consumer is getting skittish," said Brian Jacobsen, chief economist at Annex Wealth Management. Declining issues outnumbered advancers by a 2.07-to-one ratio on the NYSE. There were 97 new highs and 77 new lows on the NYSE. On the Nasdaq, 1,325 stocks rose and 3,130 fell as declining issues outnumbered advancers by a 2.36-to-one ratio. Volume on US exchanges was 15.71 billion shares, compared with the 17.98 billion average for the full session over the last 20 trading days.
Yahoo
31-03-2025
- Business
- Yahoo
Is JPMorgan Chase & Co. (JPM) the Best Very Cheap Stock to Buy According to Billionaires?
We recently published a list of In this article, we are going to take a look at where JPMorgan Chase & Co. (NYSE:JPM) stands against other best very cheap stocks to buy according to billionaires. Coming off 2 years of healthy broader market performance (~26% total return in 2023, ~25% in 2024), the US Bank Wealth Management believes that the S&P 500 valuations kicked off 2025 at elevated levels. In 2025, stocks continue to face a volatile environment, and in mid-March, the S&P 500 index witnessed a correction (a fall of 10% or more). Despite this, the index's expected P/E ratio remains marginally above the historic 5-year and 10-year average, says the firm. As per Rob Haworth, senior investment strategy director, U.S. Bank Asset Management, it's critical that, in 2025, earnings growth remains on track. US Bank Wealth Management believes that current market projections hint at the 11.5% S&P 500 earnings growth in 2025 versus the prior year. This number is subject to change. However, Terry Sandven, chief equity strategist for U.S. Bank Asset Management, mentioned that when considering the potential impact of tariffs and other issues, it is difficult to expect that 2025 earnings would meet the current projections. Haworth says that the impact of tariffs on company profits is expected to be mixed. Companies that are more dependent on importing goods manufactured overseas can witness more challenges. In comparison, the smaller companies, which are not as dependent on foreign trade, are expected to be better placed to mitigate the impact of the trade environment. Because they are not selling in the foreign markets and are not relying on foreign goods, smaller companies can have more pricing power, opines Haworth. This can equate to a healthier earnings picture. READ ALSO: and . JPMorgan believes that uncertainty related to the trade and other factors of the US administration's policy agenda continue to lead to a wait and see attitude from businesses and households. Given that household and corporate balance sheets remain relatively healthy, this attitude is expected to be consistent with a slowness in the broader US activity rather than a recession. Coming to the technology sector, in most part, the balance sheets are in healthy shape, with valuations based on forward earnings sitting at a decent place, says JP Morgan. As per the investment firm, these valuations still demonstrate anticipations for very strong 20%+ earnings growth from the US technology sector in 2025. Our Methodology To list the 10 Best Very Cheap Stocks to Buy According to Billionaires, we used a stock screener and Insider Monkey's exclusive database of billionaire stock holdings to shortlist the companies that trade at a forward P/E of less than ~20.0x. For the stocks with the same number of billionaire holdings, we have used the number of hedge fund investors as a secondary metric to rank the stocks, as of Q4 2024. 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 (see more details here). A group of business people discussing plans around a boardroom table adorned with a financial services company Chase & Co. (NYSE:JPM) operates as a financial services company. Analyst at Wells Fargo, Mike Mayo, remains optimistic about the company's stock, reiterating a Buy-equivalent 'Overweight' rating with a price objective of $300. The analyst expects JPMorgan Chase & Co. (NYSE:JPM) to benefit from the growth in employee productivity, higher market share, and potential margin gains. All these gains are expected to be backed by its investments in new and emerging technologies like AI. The company's healthy performance in investment banking and trading places it well in a bid to capture additional market share. In investment banking, JPMorgan Chase & Co. (NYSE:JPM) can use its healthy relationships and industry expertise to gain more advisory mandates and underwriting deals. Its ability to offer comprehensive financial solutions throughout debt and equity capital markets and M&A advisory offers it a competitive advantage in capturing a significant share of client wallets. JPMorgan Chase & Co. (NYSE:JPM)'s investments in technology and risk management systems can enable it to handle increased volumes and more complex transactions, which can attract more flow from institutional clients. Carillon Tower Advisers, an investment management company, released its Q4 2024 investor letter. Here is what the fund said: 'JPMorgan Chase & Co. (NYSE:JPM) also contributed to performance due to optimism regarding the election outcome. Investors expect a wave of deregulation, and a more permissive stance on M&A could bode well for JPMorgan's capital markets businesses.' Overall, JPM ranks 7th on our list of best very cheap stocks to buy according to billionaires. While we acknowledge the potential of JPM as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued AI stock that is more promising than JPM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
31-03-2025
- Business
- Yahoo
Is UnitedHealth Group Incorporated (UNH) the Best Very Cheap Stock to Buy According to Billionaires?
We recently published a list of In this article, we are going to take a look at where UnitedHealth Group Incorporated (NYSE:UNH) stands against other best very cheap stocks to buy according to billionaires. Coming off 2 years of healthy broader market performance (~26% total return in 2023, ~25% in 2024), the US Bank Wealth Management believes that the S&P 500 valuations kicked off 2025 at elevated levels. In 2025, stocks continue to face a volatile environment, and in mid-March, the S&P 500 index witnessed a correction (a fall of 10% or more). Despite this, the index's expected P/E ratio remains marginally above the historic 5-year and 10-year average, says the firm. As per Rob Haworth, senior investment strategy director, U.S. Bank Asset Management, it's critical that, in 2025, earnings growth remains on track. US Bank Wealth Management believes that current market projections hint at the 11.5% S&P 500 earnings growth in 2025 versus the prior year. This number is subject to change. However, Terry Sandven, chief equity strategist for U.S. Bank Asset Management, mentioned that when considering the potential impact of tariffs and other issues, it is difficult to expect that 2025 earnings would meet the current projections. Haworth says that the impact of tariffs on company profits is expected to be mixed. Companies that are more dependent on importing goods manufactured overseas can witness more challenges. In comparison, the smaller companies, which are not as dependent on foreign trade, are expected to be better placed to mitigate the impact of the trade environment. Because they are not selling in the foreign markets and are not relying on foreign goods, smaller companies can have more pricing power, opines Haworth. This can equate to a healthier earnings picture. READ ALSO: and . JPMorgan believes that uncertainty related to the trade and other factors of the US administration's policy agenda continue to lead to a wait and see attitude from businesses and households. Given that household and corporate balance sheets remain relatively healthy, this attitude is expected to be consistent with a slowness in the broader US activity rather than a recession. Coming to the technology sector, in most part, the balance sheets are in healthy shape, with valuations based on forward earnings sitting at a decent place, says JP Morgan. As per the investment firm, these valuations still demonstrate anticipations for very strong 20%+ earnings growth from the US technology sector in 2025. Our Methodology To list the 10 Best Very Cheap Stocks to Buy According to Billionaires, we used a stock screener and Insider Monkey's exclusive database of billionaire stock holdings to shortlist the companies that trade at a forward P/E of less than ~20.0x. For the stocks with the same number of billionaire holdings, we have used the number of hedge fund investors as a secondary metric to rank the stocks, as of Q4 2024. 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 (see more details here). A senior healthcare professional giving advice to a patient in a Group Incorporated (NYSE:UNH) operates as a healthcare company. AM Best, a global credit rating agency, noted the company's balance sheet strength, which the firm believes is strong, its healthy operating performance, very favorable business profile, and robust enterprise risk management (ERM). The firm also stated that UnitedHealth Group Incorporated (NYSE:UNH) has demonstrated a very strong operating performance with a consistent trend of premium growth, aided by enrollment gains across business lines. The company continues to hold the leading market share in all its business lines and on a national basis. Notably, the premiums and earnings remain well-diversified by business segment and geography. UnitedHealth Group Incorporated (NYSE:UNH)'s FY 2024 operating cost ratio came in at 13.2% as compared to 14.7% in 2023, demonstrating gains from business portfolio refinement and healthy improvement in operating efficiencies and consumer experiences. In 2025, the company expects revenues of between $450 billion – $455 billion, net earnings of $28.15 – $28.65 per share, and adjusted net earnings of $29.50 – $30.00 per share. Moving forward, UnitedHealth Group Incorporated (NYSE:UNH)'s diverse business model and healthy market position can fuel growth. Its strategy includes the expansion of value-based care models and leveraging the scale and analytics capabilities in a bid to gain market share in government insurance markets. RiverPark Advisors, an investment advisory firm and sponsor of the RiverPark family of mutual funds, published the Q4 2024 investor letter. Here is what the fund said: 'UnitedHealth Group Incorporated (NYSE:UNH): UNH shares were a top detractor in the fourth quarter after reporting mixed operating metrics for the company's third quarter and giving disappointing guidance for 2025 ahead of the company's scheduled analyst day. That investor update was to take place in midtown Manhattan on December 4th but was canceled following the horrific murder of the CEO of the company's insurance division. Overall, UNH ranks 3rd on our list of best very cheap stocks to buy according to billionaires. While we acknowledge the potential of UNH as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued AI stock that is more promising than UNH but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
31-03-2025
- Business
- Yahoo
Is Walt Disney Company (DIS) the Best Very Cheap Stock to Buy According to Billionaires?
We recently published a list of In this article, we are going to take a look at where The Walt Disney Company (NYSE:DIS) stands against other best very cheap stocks to buy according to billionaires. Coming off 2 years of healthy broader market performance (~26% total return in 2023, ~25% in 2024), the US Bank Wealth Management believes that the S&P 500 valuations kicked off 2025 at elevated levels. In 2025, stocks continue to face a volatile environment, and in mid-March, the S&P 500 index witnessed a correction (a fall of 10% or more). Despite this, the index's expected P/E ratio remains marginally above the historic 5-year and 10-year average, says the firm. As per Rob Haworth, senior investment strategy director, U.S. Bank Asset Management, it's critical that, in 2025, earnings growth remains on track. US Bank Wealth Management believes that current market projections hint at the 11.5% S&P 500 earnings growth in 2025 versus the prior year. This number is subject to change. However, Terry Sandven, chief equity strategist for U.S. Bank Asset Management, mentioned that when considering the potential impact of tariffs and other issues, it is difficult to expect that 2025 earnings would meet the current projections. Haworth says that the impact of tariffs on company profits is expected to be mixed. Companies that are more dependent on importing goods manufactured overseas can witness more challenges. In comparison, the smaller companies, which are not as dependent on foreign trade, are expected to be better placed to mitigate the impact of the trade environment. Because they are not selling in the foreign markets and are not relying on foreign goods, smaller companies can have more pricing power, opines Haworth. This can equate to a healthier earnings picture. READ ALSO: and . JPMorgan believes that uncertainty related to the trade and other factors of the US administration's policy agenda continue to lead to a wait and see attitude from businesses and households. Given that household and corporate balance sheets remain relatively healthy, this attitude is expected to be consistent with a slowness in the broader US activity rather than a recession. Coming to the technology sector, in most part, the balance sheets are in healthy shape, with valuations based on forward earnings sitting at a decent place, says JP Morgan. As per the investment firm, these valuations still demonstrate anticipations for very strong 20%+ earnings growth from the US technology sector in 2025. Our Methodology To list the 10 Best Very Cheap Stocks to Buy According to Billionaires, we used a stock screener and Insider Monkey's exclusive database of billionaire stock holdings to shortlist the companies that trade at a forward P/E of less than ~20.0x. For the stocks with the same number of billionaire holdings, we have used the number of hedge fund investors as a secondary metric to rank the stocks, as of Q4 2024. 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 (see more details here). A packed theater of moviegoers watching a blockbuster film produced by the entertainment Walt Disney Company (NYSE:DIS) operates as an entertainment company. BofA Securities analysts maintained a 'Buy' rating on the company's stock with a steady price objective of $140.00. The firm's analysts expect that its fiscal Q2 2025 will demonstrate a sequential improvement in operating income from the Experiences segment, which can accelerate further in Q3 and Q4. Overall, the analysts' commentary strengthens the belief that The Walt Disney Company (NYSE:DIS)'s financial performance is expected to improve in the coming quarters due to strategic business segments and market conditions. Its emphasis on maintaining a healthy demand for the products and services, together with advertising strength and potential for ARPU growth in the streaming services, are regarded as the critical growth drivers. The Walt Disney Company (NYSE:DIS)'s DTC offerings possess strong growth potential. With the company refining its content strategy and implementing strategic initiatives, there remains potential for higher average revenue per user (ARPU) than currently expected. The success in this area can fuel significant revenue growth and drive profitability as the streaming business scales. Meridian Funds, managed by ArrowMark Partners, released the Q2 2024 investor letter. Here is what the fund said: 'The Walt Disney Company (NYSE:DIS) operates a diversified entertainment business with theme parks, media networks, and streaming services. We own Disney because we believe its strong brand, valuable IP, and expanding streaming offerings will drive sustainable long-term growth. The company's stock, however, underperformed in the quarter due to concerns about a slowdown in growth at its theme park division. While park revenue still grew by 10% year-over-year, management's commentary suggested a moderation in post-pandemic demand and rising costs, leading to a disappointing outlook for park operating income in the second half of the year. This overshadowed the positive news that the company's streaming segment, driven by strong subscriber growth at Disney+, reached profitability ahead of schedule. We held our position and will continue to monitor the performance of the theme park division.' Overall, DIS ranks 4th on our list of best very cheap stocks to buy according to billionaires. While we acknowledge the potential of DIS as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued AI stock that is more promising than DIS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at .
Yahoo
31-03-2025
- Business
- Yahoo
Is Alphabet Inc. (GOOGL) the Best Very Cheap Stock to Buy According to Billionaires?
We recently published a list of In this article, we are going to take a look at where Alphabet Inc. (NASDAQ:GOOGL) stands against other best very cheap stocks to buy according to billionaires. Coming off 2 years of healthy broader market performance (~26% total return in 2023, ~25% in 2024), the US Bank Wealth Management believes that the S&P 500 valuations kicked off 2025 at elevated levels. In 2025, stocks continue to face a volatile environment, and in mid-March, the S&P 500 index witnessed a correction (a fall of 10% or more). Despite this, the index's expected P/E ratio remains marginally above the historic 5-year and 10-year average, says the firm. As per Rob Haworth, senior investment strategy director, U.S. Bank Asset Management, it's critical that, in 2025, earnings growth remains on track. US Bank Wealth Management believes that current market projections hint at the 11.5% S&P 500 earnings growth in 2025 versus the prior year. This number is subject to change. However, Terry Sandven, chief equity strategist for U.S. Bank Asset Management, mentioned that when considering the potential impact of tariffs and other issues, it is difficult to expect that 2025 earnings would meet the current projections. Haworth says that the impact of tariffs on company profits is expected to be mixed. Companies that are more dependent on importing goods manufactured overseas can witness more challenges. In comparison, the smaller companies, which are not as dependent on foreign trade, are expected to be better placed to mitigate the impact of the trade environment. Because they are not selling in the foreign markets and are not relying on foreign goods, smaller companies can have more pricing power, opines Haworth. This can equate to a healthier earnings picture. READ ALSO: and . JPMorgan believes that uncertainty related to the trade and other factors of the US administration's policy agenda continue to lead to a wait and see attitude from businesses and households. Given that household and corporate balance sheets remain relatively healthy, this attitude is expected to be consistent with a slowness in the broader US activity rather than a recession. Coming to the technology sector, in most part, the balance sheets are in healthy shape, with valuations based on forward earnings sitting at a decent place, says JP Morgan. As per the investment firm, these valuations still demonstrate anticipations for very strong 20%+ earnings growth from the US technology sector in 2025. Our Methodology To list the 10 Best Very Cheap Stocks to Buy According to Billionaires, we used a stock screener and Insider Monkey's exclusive database of billionaire stock holdings to shortlist the companies that trade at a forward P/E of less than ~20.0x. For the stocks with the same number of billionaire holdings, we have used the number of hedge fund investors as a secondary metric to rank the stocks, as of Q4 2024. 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 (see more details here). A user's hands typing a search query into a Google Search box, emphasizing the company's search Sachs reaffirmed its 'Buy' rating on Alphabet Inc. (NASDAQ:GOOGL)'s stock with a steady price target of $220.00. The endorsement comes after the company announced a definitive agreement to acquire Wiz in an all-cash deal valued at $32 billion. It is well-placed to execute this acquisition. This acquisition showcases an investment by Google Cloud to accelerate 2 large and growing trends in the AI era, i.e., improved cloud security as well as the ability to use multiple clouds (multi-cloud). Both cybersecurity and cloud computing are regarded as rapidly growing industries possessing a vast range of solutions. The increased role of AI and the adoption of cloud services managed to change the security landscape for customers. This has made cybersecurity increasingly important in defending against emergent risks. The analyst at Goldman Sachs also lauded Alphabet Inc. (NASDAQ:GOOGL)'s strategic position in the computing environment, including the blend of desktop and mobile utility, and its expected growth in the future landscape fueled by AI and ML. Elsewhere, Stifel also maintained a 'Buy' rating on Alphabet Inc. (NASDAQ:GOOGL)'s stock, demonstrating the growth potential from the company's recent cybersecurity acquisitions, including Wiz. Qualivian Investment Partners, an investment partnership focused on long-only public equities, published its Q3 2024 investor letter. Here is what the fund said: 'Alphabet Inc. (NASDAQ:GOOGL): Q2 2024 revenues and EPS beat expectations, with total revenues growing 14%, Search ad revenues growing 14%, YouTube ads growing 13%, and Google Cloud revenues growing 29%. Revenue growth in the quarter constituted a continued sequential improvement from earlier quarters in the year, suggesting a continued rebound in Alphabet's core business except for YouTube ad revenues, which missed expectations and showed deceleration in the growth rate as compared to Q1 when it grew 21%. Operating margins improved by 310 bps vs. the same quarter last year. Overall, GOOGL ranks 1st on our list of best very cheap stocks to buy according to billionaires. While we acknowledge the potential of GOOGL as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued AI stock that is more promising than GOOGL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
