Every weekday, the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. 1. Stocks were mixed on Tuesday, with the S & P 500 and Dow Jones Industrial Average up and the Nasdaq Composite down slightly, with Big Tech names under pressure. Nvidia shares fell more than 6% after The Information reported that Meta may use Google's tensor processing units (TPUs) in its data centers starting in 2027. Broadcom , which helps Google design i ...

Key Points Bitcoin is now down over 30% from its all-time high in less than six weeks. The iShares Bitcoin Trust ETF is backed by actual Bitcoin holdings and managed by a reputable investment management firm. Bitcoin can play a role in a diversified investment portfolio. 10 stocks we like better than iShares Bitcoin Trust › Bitcoin's (CRYPTO: BTC) sell-off has been swift and brutal. Bitcoin is more valuable than all other cryptocurrencies combined and has a significant impact on the entire crypto ...

Berkshire Hathaway Inc. ( BRK.B ) just released its 13F filing , and the most significant move has been the significant addition of Alphabet ( GOOGL ), which is now one of theJames Foord is an economist by trade and has been analyzing global markets for the past decade. He leads the investing group The Pragmatic Investor where the focus is on building robust and truly diversified portfolios that will continually preserve and increase wealth. The Pragmatic Investor covers global macro, international equities ...

I've long held a belief that investors don't need alternative investment strategies like private equity to have a diversified portfolio, especially today when there are more ETFs and funds than ever.Macro strategist and investment advisor from Southern California. You can also find me on YouTube and Substack under my name; my weekly newsletter is called The Macro Obsession.Analyst’s Disclosure:I/we have a beneficial long position in the shares of BN, BX, KKR, APO either through stock ownership, options, or ...

CANADA - 2025/10/01: In this photo illustration, the UnitedHealth Group (United Health) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesUnitedHealth stock (NYSE: UNH) has faced significant pressure this year, creating a potential setup for a major rally.Currently, UNH stock is down 36% year-to-date, driven by several challenges, including margin compression. However, this weakness should be v ...

Group 1 - Alphabet's stock has increased by 45% this year, while Meta Platforms' stock has only gained 2%, indicating a significant performance disparity [2] - Meta currently trades at a lower Price to Operating Income (P/OpInc) ratio compared to Alphabet, despite having higher revenue and operating income growth, suggesting that Meta may be a more attractive investment opportunity [3] - The analysis of stock performance over the past year is crucial to determine if Alphabet's current stock price is justified or if it is overpriced relative to its competitors [7] Group 2 - Alphabet offers a diverse range of products and services, including advertising, Android, Chrome, hardware, cloud solutions, health technology, and internet services, which contributes to its market position [5] - A multi-faceted analysis is essential for investment decisions, and strategies like the Trefis High Quality Portfolio aim to mitigate stock-specific risks while providing growth opportunities [6][8]

Market Dynamics & Rotation - 市场再次出现轮动，价值股表现优于廉价股，医疗保健和金融板块领涨 [1] - 德国股市飙升，欧洲金融银行创下历史新高，表明市场并非一片悲观 [5] - 市场广度有所扩展，更多 S&P 500 指数成分股高于其 20 日和 50 日移动平均线 [3][4] Valuation & Investment Strategy - 标普 500 指数基本持平，上涨 4 个点至 6850 点 [6] - 市场估值偏高，远期市盈率为 23 倍，其中科技板块估值最高，市销率达到 11 倍 [6][7] - 建议保持投资组合的多元化，不要只投资于大型科技股 [4] - 看好国际市场，特别是 Velt International [10] Economic Outlook & Sentiment - 消费者信心较低，但市场对经济的预期也很低，这可能为牛市提供支撑 [11][12] - 美联储的鸽派立场和良好的盈利季报表明牛市远未结束 [12] Portfolio Management - Carson Group 管理约 70 亿美元的资产，并建议进行全球多元化投资 [4][5]

Core Insights - Earnings expectations for the "Magnificent 7" have increased, while those for the remaining 493 S&P 500 stocks have declined, indicating a bifurcated market [2][3] - The Magnificent 7 now constitutes 40% of the market capitalization of the S&P 500, highlighting a significant concentration of market weight [5][6] - Profit margins have been revised upward for the Magnificent 7 but downward for the S&P 493, emphasizing the disparity in performance and expectations between these groups [3][9] Market Dynamics - The market's focus has shifted predominantly to the Magnificent 7, overshadowing the performance of the other 493 stocks [2][3] - The metaphor of the Magnificent 7 as the "turkey" of the market suggests that if these stocks perform well, the performance of the others may be overlooked [4][5] - There is a concern regarding the lack of diversification for investors who are heavily invested in the S&P 500 index, as it is largely driven by the performance of the Magnificent 7 [6][7] Valuation Concerns - High valuations for companies in the Magnificent 7, such as Tesla with a P/E ratio exceeding 300, raise questions about the sustainability of these valuations [11] - The potential risks from external factors, such as tariffs and government shutdowns, could impact the valuations of these high-performing stocks [11] - Investors are beginning to reassess the risk-reward balance of investing in the Magnificent 7, considering historical valuation levels [11]

Group 1 - Building a diversified portfolio is essential for long-term investment success, as relying heavily on a few stocks can lead to significant losses [1] - High-quality real estate investment trusts (REITs) can enhance portfolio diversification by providing steady income through dividends and potential capital appreciation [2][3] - REITs combine attractive income and growth potential without increasing the overall risk of the portfolio, making them a smart addition [7] Group 2 - Historical data shows that a 100% stock portfolio has delivered an average annual return of 10.5%, but with high volatility, including a 54.2% gain in the best year and a 43.1% loss in the worst year [5] - A 100% bond portfolio has a maximum loss of 13.1% in its worst year, but it only generates an average return of 5%, indicating that increasing bond allocation reduces overall returns [6] - Allocating at least 5% of a portfolio to REITs can yield higher returns with lower risk compared to a traditional 60/40 portfolio, with REITs delivering an average annual total return of 12.6% since 1972 [7]

Core Insights - The Vanguard Total Stock Market ETF (VTI) is highlighted as a cornerstone investment option for simplifying portfolios and achieving long-term wealth-building [2][13] - The ETF offers broad diversification by including 3,529 stocks across all 11 market sectors, which helps mitigate volatility and enhance steady returns [6][8] Investment Strategy - A simple investment strategy, such as using ETFs, is recommended over attempting to time the market, which is often ineffective [4][5] - The Vanguard Total Stock Market ETF is designed to provide exposure to both growth and value stocks, making it suitable for various market conditions [6][8] Performance Metrics - Since its inception in 2001, the Vanguard Total Stock Market ETF has delivered an annualized return of 9.2%, effectively doubling investments approximately every eight years [7] - The ETF tracks the CRSP US Total Market Index, focusing on U.S. companies, with significant exposure to technology stocks, particularly the "Magnificent Seven," which constitute about 30% of the ETF [8] Sector Allocation - The ETF's sector allocation is as follows: Technology (38%), Consumer Discretionary (14.3%), Industrials (12.2%), Financials (11.3%), Healthcare (8.9%), Consumer Staples (3.6%), Energy (3.1%), Utilities (2.7%), Real Estate (2.4%), Telecommunications (1.9%), and Basic Materials (1.5%) [9] Accessibility and Cost - The Vanguard Total Stock Market ETF has a low expense ratio of 0.03%, translating to only $0.60 in annual fees on a $2,000 investment, allowing investors to retain most of their gains [11] - The ETF has a minimum investment requirement of just $1, making it accessible to a wide range of investors [12]