What's On: S&P 1,450, Plus Coffee, Energy and Booze
Here's what's up on Monday's Squawk on the Street:
--David Kostin, Goldman Sachs Chief US Equity Strategist. He made the call heard 'round Wall Street last week, calling for 1,450 on the S&P by the end of next year. In his first-ever television appearance, he talks to Squawk on the Street about his bullish call and other bold predictions for 2011. It's a must-see, can't-miss interview for all investors.
--We want to know if you agree with his call for 20% upside on the S&P next year. Share your opinion in today's Street Poll.
--Plus, two CEOs from two different industries. First, the CEO of Interpublic Growth on ad spending and the phenomenal growth in the online ad market. Then, we're talking to the CEO of Cullen Frost, a regional bank that didn't take TARP. We'll ask him if loan growth is coming back and whether bank stocks will lead the market in 2011.
We're also breaking down a number of key trades - coffee, energy and booze. Coffee prices have been rising and many are betting the momentum will continue. Find out what that means for stocks like Starbucks and McDonald's.
Then, with oil prices near $90 a barrel, a handful of energy stocks are trading at 52-week highs. Is now the time to buy or bail on this sector? Same thing for booze stocks and whether Brown Forman, Fortune Brands and Constellation are buys heading into year end and 2011. We played single digit stocks on Friday.
--Today, we're looking at which triple-digit stocks in the S&P are ones you want to hold. It's massive market cap Monday on Squawk on the Street. And we found what some are calling the ultimate sign the consumer is back. We'll reveal it at 945am ET