TD Cowen’s top stock pick heading into the new year is a maker of law enforcement equipment that the bank believes could climb almost 60% from current levels. CNBC Pro obtained the lists of top stock picks that major sell-side brokerages on Wall Street, such as TD Cowen, are distributing to clients, and looked for…
File: Hundreds of advocates for marijuana legalization rally and smoke pot outside the White House in Washington, D.C. on April 02, 2016. Marvin Joseph | The Washington Post | Getty Images Stock Chart IconStock chart icon Tilray Brands, 1-day President Donald Trump is expected to issue an executive order as soon as Monday that would…
A tract of new tightly packed homes are viewed along the Boulder City Parkway on January 11, 2022 in Henderson, Nevada. George Rose | Getty Images Home values have been losing ground for much of this year, with previously huge annual gains shrinking to nothing. The result is that homeowners are losing equity. Borrower equity…
It’s been a whirlwind for stocks over the past month. Since the Club’s last Monthly Meeting on Nov. 13, Wall Street has navigated concerns around valuations for AI-related stocks and speculation about the Federal Reserve’s next interest rate move. Wednesday was a pivotal day. In the afternoon, the Fed delivered a 25-basis-point cut after its…
Investors are facing a period of historically high concentration in the S&P 500 Index headed into 2026, with a small number of mega-cap technology and AI-related companies dominating the index’s performance and risk. That’s leading more investment managers to advise clients as part of an annual portfolio review process to pay extra attention to opportunities…
Key Points CEO Johannes Läderach categorically stated “never” when asked if his company ever considered opening a production site in the U.S. to circumvent export duties. The Swiss chocolatier faced a shock over the summer as U.S. tariffs on Swiss imports jumped to 39%, though they have since settled at 15%. The levies came on…
Holiday shopping has always felt like a “chore” for Amrita Bhasin. Between deciding what to buy, comparing prices and checking reviews, the 24-year-old retail tech CEO said she spent more than 15 hours each year buying gifts for her friends and family, a process that took the joy out of giving. But this year, Bhasin…
Austan Goolsbee, President and CEO of the Federal Reserve Bank of Chicago, speaks to the Economic Club of New York in New York City, U.S., April 10, 2025. Brendan McDermid | Reuters Chicago Federal Reserve President Austan Goolsbee on Friday explained why he voted against this week’s interest rate cut, saying policymakers should have waited…
JPMorgan believes that rising profitability could boost shares of Citigroup . JPMorgan analyst Vivek Juneja upgraded the bank stock to overweight rating from neutral. Juneja’s new December 2026 price target of $124, up from $107, implies that shares could add 11% from Thursday’s close. “Valuation has improved from the lows and improvement in profitability will…
Cases of Pepsi soda are displayed at a Costco Wholesale store on Nov. 13, 2025 in Simi Valley, California. Kevin Carter | Getty Images One of this year’s top food trends is facing some tough competition. Protein captivated consumers and food companies in 2025, but fiber is increasingly stealing the scene as people place an…
