Fund manager names two U.S. stocks he thinks might not survive 2023

  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Businesses that relied on 'free and infinite capital' are now facing a harsh reality, according to fund manager Trent Masters, and could even go bankrupt.

Businesses that relied on "free and infinite capital" are now facing a harsh reality, according to fund manager Trent Masters, and could even go bankrupt. During the Covid years of 2020-2021 — when central banks and governments pumped money into global economies — some company valuations "got way out of shape," according to Masters, from Alphinity Investment Management.

line Shares of Carvana have fallen by more than 95% in the past year According to a consensus of analysts' estimates compiled by FactSet, Carvana's shares are expected to fall by 6.6% over the next 12 months to $7.5 a share. They were trading around $7.49 Friday morning. Piper Sandler is one bank that has a more optimistic take on the stock, however, with its analysts expecting the stock to rise by 460% to $45 a share. Carvana did not respond to a request for comment from CNBC Pro.

line Shares of credit lender Affirm have fallen by more than 80% in the past 12 month

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Warning: Click bait tweet to get you to subscribe to CNBC! CHECKMATE ChokeOnThat

I literally thought that it was a scam until I decided to give it a try with just a little start up of €1,000 and I got €15,250 in 7 days it was so amazing and everything works out trader_judith

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Stock market rally 2023: Jeremy Siegel, Ed Yardeni, Tom Lee cast optimismRecession is imminent, the market believes — but Jeremy Siegel, Ed Yardeni, Tom Lee and other top analysts still see gains ahead for stocks. Here's why, and what they're saying. They did a great job in 2022, based on their level of enthusiasm.
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

Stock picks to buy: Best investing ideas for 2023, market tipsBuy these 17 highest-conviction stocks for the best chance at outperformance as the market endures a challenging economic 'hard landing' Whatever... every Tom Dick and Harry analyst has their handful of stocks that'll supposedly be resilient winners in the market ..and half of them fail, if not more.
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »