JeeYeon Park is the stock market writer for CNBC.com. She graduated from Middlebury College, where she majored in psychology and minored in Japanese studies.
JeeYeon Park
CNBC.com Writer
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Electric cable stocks currently seem to be strong, Stifel Nicolaus analyst Jeff Beach told “Power Lunch” viewers. ... "I look at strong infrastructure spending trends and then try to find the leading companies in the trends,” said Beach, who was recently named as the No.1 electronic and electrical equipment analyst by The Wall Street Journal's “Best on the Street” survey.
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The Group of Eight wealthy-nation summit in Germany is ending Friday. Now, the question arises: Is the G8 still able to confront global issues or has it become outdated? Ian Vasquez, director of the CATO Institute’s Center for Global Liberty & Prosperity, and P.J. Crowley, senior fellow and director of homeland security at the Center for American Progress, presented differing views on “Morning Call.”
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Premier Exhibitions is the place to invest, says Mark Sellers, Managing Partner at Sellers Capital. With the help of its exclusive rights to all artifacts from the wreck of the Titanic, Premier Exhibitions is up more than 200% over the past year and is still on the rise.
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Two retail analysts, Kimberly Greenberger from Citigroup and Christine Chen from Needham, discussed the outlook for retail stocks on “Power Lunch.”
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Despite the yield on the Treasury's 10-year note passing 5%, investors are better off with large cap stocks, Dan Genter, President, CEO and CIO of RNC Genter Capital Management told "Morning Call."“This move is not significant enough to cause a major P/E multiple contraction in this market,” Genter said. He emphasized that the inflation and higher rates will not necessarily hurt stocks in the long run.
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Despite the market's recent slump, U.S. stocks are a better bet right now than European shares, two market pros said on "Morning Call."