• Pickens: Why This Commodity Can Make You Rich

    By Lawrence Lewitinn | Talking Numbers – 8 hours ago

    There’s one commodity that may be headed a lot higher and there could be a way to profit from it.

    Natural gas could be your ticket to riches, at least according to what legendary investor Boone Pickens thinks.

    Pickens sees natural gas as potentially hitting as much as $5 per million metric BTUs in a few months. It is currently trading at $3.70.

    Speaking to CNBC’s Street Signs, co-hosted by Talking Numbers’ own Brian Sullivan, Pickens said that if certain conditions break right, nat gas could soon see $5 a BTU, or roughly 35% higher than where it is now.

    “Natural gas is so dependent on weather. Now you’ve got a storm coming in, looks like, could come in to the Gulf Coast, a couple of them. Well, that’ll run the price up. Those are hurricanes, of course. And then, so, I think that you will see, and I’m giving myself an out here, if you have a cold winter, you could very well be $5 natural gas. If it’s a mild winter, you’re looking at probably $4.50.”

    While natural gas is down from its

    Read More »

  • Goldman Sach’s Big Blue Warning to The World

    By Lawrence Lewitinn | Talking Numbers – 8 hours ago

    Goldman Sachs downgrades IBM but is it really a warning about the broader market?

    Goldman Sachs thinks investors should feel blue for Big Blue.

    The investment bank’s analysts downgraded IBM’s stock today from a “buy” to “neutral”, saying the tech giant is seeing pressure on its growth markets and revenues in its higher margin lines of business.

    But, as the second quarter’s earnings reporting season begins, is this really less about IBM and more about the broader market?

    To tackle this question, we talk numbers with CNBC contributor Zachary Karabell, president of River Twice Research, and Talking Numbers contributor Enis Taner, Global Macro Editor at RiskReversa.com.

    “It’s very hard for IBM, which depends on very large contracts from very large companies,” says Karabell. “I don’t think this is necessarily a market call. It’s a large company tethered to global business that’s executing very well, but it’s not clear what their next level of execution’s going to be.”

    On the other side,

    Read More »

  • Cramer: Herb Was Right About This Stock

    By Lawrence Lewitinn | Talking Numbers – 9 hours ago

    CNBC’s Herb Greenberg warned investors several months ago that Intuitive Surgical wasn’t as good it appeared to be. Today, Greenberg was proven right.

    CNBC’s Herb Greenberg warned investors several months ago that Intuitive Surgical wasn’t as good it appeared to be. Today, Greenberg was proven right. And Jim Cramer, Greenberg’s colleague on CNBC, tweeted this morning:

    “Congratz to @HerbGreenberg for keeping the red flags flying on $ISRG”

    Intuitive Surgical shares fell $87 today – more than 17% – after saying second quarter will be a disappointment. The maker of da Vinci surgical systems, which allows surgeons to remotely operate on patients, is forecasting revenues of $575 million, far less than the Wall Street’s estimates of $630 million.

    Sales of its $1.5 million robotic surgical products fell 6% compared to last year, leading Goldman Sachs and Canaccord Genuity to both downgrade the company. Just two weeks ago, Canaccord rated the company a buy with a $527 price target. Shares are

    Read More »

  • With Dell versus Icahn, who’s got the better deal? Stephen Yatchman, Senior Vice President at Yacktman Asset Management, talks numbers on why he's backing Icahn.

    It not quite Ackman/Icahn, but the battle for Dell is shaping up to be a pretty good one.

    On one side, you have Michael Dell and private equity giant Silver Lake, bidding $24 billion for the troubled computer giant. On the other, you have legendary investor Carl Icahn and Southern Asset Management, who believe that bid is too low and are offering $14 for 1.1 billion shares and the hope of a better tomorrow.

    So who’s got the better deal?

    According to Institutional Shareholder Service, an influential proxy advisory firm, Team Dell does. Just yesterday, they threw their support behind the management led buyout.

    But today, Icahn’s efforts received a big vote of support from one of Dell’s largest shareholders.

    Yacktman Asset Management, an investment advisory firm with almost $25 billion under management and a 15 million share

    Read More »

  • Hedge Fund Manager: This Stock Is A Blockbuster

    By Lawrence Lewitinn | Talking Numbers – 16 hours ago

    Anthony Scaramucci, Founder and Managing Partner at SkyBridge Capital says there's a surprising stock that's now the darling of Wall Street's smartest investors.

    If you said in the depths of the financial crisis that AIG would among the most loved stocks on The Street, you'd be the subject of intense ridicule.

    Yet oddly, that's exactly what is happeneing now.

    According to Anthony Scaramucci, Founder and Managing Partner at SkyBridge Capital, hedge funds - long considered the most savviest of investors - are now in love with AIG.

    Half a decade ago, the AIG’s future was uncertain. The company was on the hook for insuring trillions of dollars of risky mortgage-related debt. When the housing market went bust, their books were ground zero for the ensuing financial fallout.

    So, in exchange for providing $182 billion to support AIG, Uncle Sam (aka Joe Tax Payer) and the Federal Reserve Bank and US Treasury received a huge chunk of the company. By the end of last year, Uncle Sam sold the

    Read More »

Pagination

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
(186 Stories)

About Talking Numbers

TALKING NUMBERS is a fully integrated media experience, hosted by CNBC and Yahoo! Finance, that takes a 360° approach to trading-highlighting the best investment opportunities by analyzing stocks both a technical and a fundamental point of view. But TALKING NUMBERS will do more than just tell investors what to buy; it will show them HOW to buy. Our goal: teach viewers how to harness both technical and fundamental data points so they can become better investors.