KL
Keris Lahiff
Markets Producer at CNBC
Covers
Publications
- CNBC175 articles
Writes Most On
- Beyond Meat isn’t the only IPO stock taking off – traders pick their favorites20 May 2020—CNBCSee The Full Clip 3 watch now Beyond Meat has found another bull on Wall Street with BTIG initiating a buy rating, even after the stock’s massive run since the March lows. It’s not the only young public company that has made big moves this year. Zoom Video, Chewy and Peloton are enjoying big gains in 2020. Zoom, the best performer, now has a larger market cap than 75% of the S&P 500. “I absolutely love these stocks,” Danielle Shay, director of options at Simpler Trading, told CNBC’s “Trading...
- These beaten up cyclicals should be bought as stocks head back to records, investor says20 May 2020—CNBCSee The Full Clip 3 watch now Stocks were rallying again on Wednesday, bringing the S&P 500′s weekly gains to 4%. Investors should use these rises as an opportunity, says Eddie Ghabour, co-owner of Key Advisors Group, a firm with $550 million assets under management. “Short term, this gives investors that were fully invested a golden opportunity to de-risk and raise some cash, so that way they can buy the dips because I do truly believe we’re going to be in this volatile environment at these...
- Stock market rallies after strong retail earnings – here’s what to watch now20 May 2020—CNBCSee The Full Clip 3 watch now Stocks rose sharply on Wednesday after strong retail earnings from the likes of Lowe’s and Target. Three experts weigh in on what it could mean for the market. Jharonne Martis, director of consumer research at Refinitiv, said Target has invested in recent years to succeed in today’s environment. “Target definitely smashed it out of the park [Wednesday] morning with triple-digit numbers in e-commerce and it’s very evident that today more than ever [a] good...
- One key demographic is central to Beyond Meat’s success, BTIG analyst says22 May 2020—CNBCSee The Full Clip 3 watch now Beyond Meat is one of the hottest stocks this quarter, rising by more than 100% in less than two months. BTIG is ready to get even more bullish on the alternative-meat company: It firm initiated a buy rating this week with an $173 price target, implying 25% upside. Analyst Peter Saleh, the firm’s managing director of restaurants research, is pegging Beyond’s success to one key demographic. “It’s really resonating with a young female consumer in the urban...
- Facebook and Amazon hit records, but not all FAANG stocks have kept up25 May 2020—CNBCSee The Full Clip 3 watch now Facebook, Amazon and Netflix each hit records last week, but not all of the FAANG trade has been so lucky. Apple and Google parent Alphabet remain 3% and 8%, respectively, below their own all-time highs. Todd Gordon, managing director at Ascent Wealth Partners, said all the FAANG stocks remain solid investments, especially praising Facebook’s record-making move. “The Facebook break is pretty spectacular. It’s been a long consolidation -- as you pull up that first...
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