Core Insights - Private Bancorp of America, Inc. has appointed Angel Martinez to the board of its subsidiary, CalPrivate Bank, enhancing its leadership team with extensive experience in the footwear industry [1][2]. Company Overview - Private Bancorp of America, Inc. (OTCQX: PBAM) is the holding company for CalPrivate Bank, which operates in multiple locations including Coronado, San Diego, La Jolla, Newport Beach, El Segundo, Beverly Hills, and Montecito, and offers digital banking services [4]. - CalPrivate Bank focuses on high-net-worth individuals, professionals, closely held businesses, and real estate entrepreneurs, providing a personalized banking experience and leveraging technology to meet client needs [4]. - The bank has received high customer service ratings, scoring almost three times higher than the median domestic bank, and has been recognized as the 10th best bank in the U.S. and the 1 bank in its asset class for return on assets (ROA) and return on equity (ROE) [4]. Leadership and Strategic Vision - Angel Martinez brings over 45 years of experience, including his role as the retired Chairman and CEO of Deckers Brands, and has served on various boards, enhancing the strategic insight of CalPrivate Bank [2][3]. - The leadership team, including President and CEO Rick Sowers, expresses excitement about Martinez's appointment, highlighting his success in culture, marketing, and brand building as valuable assets for the bank's growth [3].

also a CNBC contributor. Good morning, Stephanie. Thank you for the early wake up call.So can we feel comfortable in this market right now continuing to add to positions. >> Well, I have been adding to positions. We're fortunate to have earnings season right now.Right. So we're hearing real time what companies are seeing how they're reporting and the reporting. Really good numbers Dom almost a 10% growth.And where the guides are and the reactions have been very disappointing. But that I think is your opport ...

Group 1: Federal Reserve and Economic Indicators - The Federal Reserve's policy meeting on Wednesday is anticipated to provide insights into future policy directions, despite no expected interest rate cuts [1] - Key economic indicators, including GDP and non-farm payroll reports, are set to be released, which will be crucial for assessing the health of the U.S. economy [1][4] - Economic data shows mixed signals, with expectations of a rebound in GDP after a contraction due to increased imports, but also signs of consumer spending stagnation and potential job growth slowdown [4] Group 2: Corporate Earnings and Market Sentiment - The earnings season has shown that overall corporate profits have exceeded expectations, with S&P 500 companies' profits growing by 4.5% year-over-year [2] - High-end consumer demand is a bright spot, with companies like American Airlines and Deckers Outdoor reporting strong sales in premium segments [2][3] - Conversely, companies reliant on low-income consumers, such as Chipotle, are facing pressure, with lowered performance guidance due to reduced spending from this demographic [3] Group 3: Trade Policy Uncertainty - Trade policy remains a significant source of uncertainty for the market, with investors hoping for stability in ongoing trade negotiations [6] - The looming August 1 deadline for tariffs is seen as a potential turning point, but experts caution that clarity on trade costs may take months [6] - The impact of tariffs is already being felt, with companies like Conagra Brands and Abbott mentioning rising costs due to trade policies [3][6]

Company Performance - Deckers Outdoor shares are higher due to strong international demand [1] Brand Performance - Ugg and Hoka shoe brands are driving the demand [1]

Core Viewpoint - Deckers Outdoor exceeded expectations in its Q1 report, alleviating investor concerns about growth despite earlier stock declines due to tariff fears and weakening consumer sentiment [1][2]. Financial Performance - Revenue grew 17% to $964.5 million, surpassing the consensus estimate of $900.4 million [4]. - Hoka revenue increased by 19.8% to $653.1 million, while UGG sales rose 18.9% to $265.1 million [5]. - Wholesale revenue surged 26.7% to $652.4 million, and international sales jumped 49.7% to $463.3 million, driven by strong performance in China [6]. - Gross margin decreased from 56.9% to 55.8%, but operating income rose from $132.8 million to $165.3 million, with EPS increasing from $0.75 to $0.93, exceeding estimates of $0.68 [7]. Future Outlook - The company anticipates a $185 million increase in costs due to new tariffs, which could impact revenue by nearly 4% [8]. - For Q2, revenue is expected to be between $1.38 billion and $1.42 billion, reflecting a 7% increase at the midpoint, with EPS projected between $1.50 and $1.55 [9].

Sales Performance - Deckers' sales are boosted by the demand for Hoka and Ugg brands [1] Market Movers - Deckers is identified as one of the day's winners in the Bloomberg Stock Movers report [1]

Group 1: Lululemon Athletica - Lululemon is experiencing a significant decline in stock price, down 54% from a high of $516 to $235, despite a 19% annualized revenue growth over the last decade [5][6] - The stock is currently trading at 16 times forward earnings estimates, indicating a potential undervaluation given the brand's future growth prospects [6][9] - Lululemon's trailing-12-month revenue stands at $10.8 billion, which is considerably lower than competitors Nike and Adidas, who collectively generate $72 billion in annual sales [6][7] - The company has shown resilience with a 7% year-over-year revenue increase in the most recent quarter, contrasting with declines at Nike [7] - Increased search interest for Lululemon on Google suggests that the market may be underestimating its long-term growth potential, particularly in international markets [8] Group 2: Deckers Outdoor - Deckers Outdoor, known for brands like Hoka and Ugg, has seen its stock drop 52% from its peak earlier this year, attributed to slowing growth and market uncertainties [10][11] - The company anticipates a $150 million increase in costs due to tariffs, impacting its projected revenue of around $5 billion [12] - Despite short-term challenges, Deckers expects 9% revenue growth in the first quarter and double-digit growth for Hoka throughout the year [13] - The stock is currently trading at a price-to-earnings ratio of 16, suggesting it may be oversold and could rebound if growth resumes [14] Group 3: Roku - Roku has faced challenges post-pandemic, leading to slowing growth and losses, but maintains a dominant position in ad-supported streaming [15] - In the first quarter of 2025, Roku reported a 16% year-over-year revenue increase, primarily driven by its advertising segment, which constitutes 86% of total revenue [16] - The company has enhanced user engagement through its Roku channel, which became the second-most watched channel in the U.S., with an 84% increase in viewing hours year-over-year [17] - A partnership with Amazon aims to expand advertising reach, leveraging AI for targeted exposure, while Roku's stock is currently 82% off its all-time highs but has risen 40% over the past year [19]

Market Overview - The S&P 500 has rebounded approximately 5.5% in the first half of 2025, recovering from a previous decline of 15.3% [1] - Many stocks are trading near all-time highs, despite some underperformers in the index [2] Deckers Outdoor - Deckers Outdoor is the worst performer in the S&P 500, down 49% in the first half of 2025 [4] - The company reported a 16% year-over-year sales increase, totaling just under $5 billion, and a 30% rise in diluted per-share profit to $6.33 [4] - Concerns over tariffs and trade policies have led to uncertainty, causing the company not to provide full-year guidance [5] - The stock trades at 17 times estimated future profits, below the S&P 500 average of 23, indicating potential as a contrarian buy [6] Enphase Energy - Enphase Energy is down 42% in the first half of 2025, primarily due to uncertainty surrounding solar tax credits [7] - The company reported net revenue of $356.1 million for the first three months of 2025, a 35% increase from the previous year [7] - Enphase has over $1.5 billion in cash and marketable securities, positioning it well for future growth [8] - With a market cap of just over $5 billion, the company has significant potential for future appreciation [9] UnitedHealth Group - UnitedHealth Group has seen a nearly 40% decline in value in 2025, impacted by rising costs and investigations into its billing practices [10] - The company missed earnings expectations and withdrew its guidance amid a CEO change [11] - Despite challenges, UnitedHealth generated over $410 billion in revenue and $22 billion in earnings over the past four quarters [12] - The stock trades at a forward earnings multiple of 13, presenting a potential opportunity for long-term investors, along with a yield of 2.9% [13]

Company Performance - Deckers' stock fell after reporting fiscal fourth-quarter results that exceeded expectations but provided disappointing guidance [1] - The company achieved a 6.5% year-over-year revenue increase to $1.02 billion, with Ugg brand sales growing by 3.6% and Hoka sales increasing by 10% [1][2] - For fiscal 2025, overall revenue rose 16.3% to $4.99 billion, with Ugg sales up 13.1% and Hoka up 23.6% [2] Future Guidance - Management refrained from providing full-year guidance due to macroeconomic uncertainties, projecting a 9% revenue growth for fiscal 2026's first quarter [3] - Earnings per share are expected to decline due to rising costs from tariffs, freight, and increased promotional activities [3] Market Position - Deckers has gained market share from Nike, with a compound annual revenue growth rate of 19% over the last five years [4] - Hoka's revenue reached $2.23 billion in fiscal 2025, while Ugg's sales were $2.53 billion, indicating Hoka's strong position in the running category [4] Competitor Analysis - Nike has experienced a decline in revenue for several quarters, missing out on a post-pandemic boom in running [6] - However, Nike's sales in the running category grew by a mid-single-digit percentage in fiscal 2025 Q3, indicating a potential recovery [7][8] - Hoka's 10% revenue growth suggests it is still gaining market share from Nike, but analysts believe Nike may be regaining ground [9][10] Analyst Insights - Jefferies analyst Randal Konik suggests that Hoka's slowing growth may indicate a shift in market share back to Nike [10] - Jefferies has given Nike a buy rating with a price target of $115, which is approximately 85% higher than its current level [11] - Nike is currently trading at its lowest enterprise-value-to-sales multiple in 15 years, primarily due to a decline in stock price [12]

Core Viewpoint - Deckers Outdoor Corp (NYSE: DECK) has experienced a significant decline of 20.2%, trading at $100.67, after the company refrained from providing a full-year forecast due to economic uncertainty [1]. Financial Performance - Despite better-than-expected fiscal fourth-quarter results, Deckers has faced a series of price-target cuts and downgrades from analysts, with Keybanc lowering its rating to "sector weight" from "overweight" and Telsey Advisory downgrading to "market perform" from "outperform" [2]. - UBS, in contrast, raised its price target for Deckers to $169 [2]. Stock Performance - The current drop positions Deckers for its worst trading day since April 2012, with shares hitting a new 52-week low of $100.70 and reflecting a year-to-date deficit of 50.7% [3]. - Options trading has surged, with 46,000 calls and 29,000 puts traded, which is ten times the typical options volume for this period. The most active option is the weekly 5/30 102-strike call, with new positions being opened [3]. Volatility and Options - The stock's Schaeffer's Volatility Scorecard (SVS) is 97 out of 100, indicating that it has historically outperformed options traders' volatility expectations [4].