CNBC Television·2025-12-23 18:12Stock Picks & Recommendations - First Solar was named a top pick at Mizuho, despite a 6% drop in stock price today [1][2] - Live Nation is considered a top pick at Evercore, seen as a crown jewel in a secular trend of intensified concert attendance [2][3] - Estee Lauder's target was raised to $100 at Jefferies, with optimism for a turnaround by 2026 driven by recovery in US and China prestige makeup markets, margin rebuild plan, and cost-cutting efforts [3][4] - Amtech is at a record high, benefiting from strong momentum in electrical equipment and supplies across commercial aerospace and utilities sectors [6][7] Company Specifics & Industry Trends - Alphabet's move into clean energy benefits First Solar, as Intersect Power is a customer [1] - The speaker believes the Estee Lauder turnaround, called "beauty reimagined strategy," will be slow but driven by a CEO with extensive experience in the prestige market and fixes to distribution problems in China [5][6] - Commercial aerospace exposure has been important in 2024 and is driving momentum for companies like Halmed and Amtech [7] - FedEx is considered inexpensive and is undergoing a turnaround, with a potential run towards $300-$315 [9][10] - FedEx plans to spin off its troubled freight division into a separate publicly traded company (ticker: FDXF) in June, which is expected to unlock shareholder value [10][11] Valuation & Market Sentiment - First Solar is considered cheap on a valuation basis [2] - Amtech is considered cheap on a valuation basis [7] - FedEx is considered one of the most inexpensive names in coverage [9]