Steve Weiss Weighs In On Jumia - Jumia Technologies (NYSE:JMIA) Reddit and its partners use cookies and similar technologies to provide you with a better experience. Are you sure you want to block %USER_NAME%? Weiss told CNBC that he thinks Moderna's stock can go up another 500% from its current levels and trade such asAmazon.com, Inc.(NASDAQ:AMZN) "because it's a technology company nota biotech. Gamer X @GamerX1414 . EDIT: thanks everyone. He stated that it's the Amazon.com of Africa and that this is a long-term position for him, and not just a trade. Stockpennies: Steve Weiss on CNBC. From Benzinga. Stephen L. Weiss | Financial Sense If you are 60 and getting ready for retirement and on a fixed budget than it could make sense to go heavier into cash, although pulling from a Roth would be my last resort. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. time for me to get back to work. You're factoring in a 70% decline? We want to hear from you. and sign up for the mooc. Want EXCLUSIVE stories originated by Benzinga reporters? On CNBC: Contributor Stephen Weiss Says Bought Porche SE. Weiss maintains strong relationships with some of the industry's most highly regarded investment managers. Even after Moderna's strong move to the upside this year, it's still the least expensivestock in Weiss's portfolio on both current and future earnings, he told CNBC. A Division of NBCUniversal. Jeremy Grantham is like the boy who cried wolf. Does anybody else have similar cash positions right now? 2. This headline only article is a sample of real-time intelligence Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now. Webull Financial LLC is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). An explanatory brochure is available upon request or at www.sipc.org. Trade Off: Steve Weiss. The risk-reward hasn't changed this week, says Short Hills' Steve Weiss Additionally, he frequently appears on Fast Money at 5 PM, the Closing Bell, and The Kudlow Report. Devon Energy, Broadcom, Amgen And This Company Report Earnings Next Week: CNBC's 'Final Trades'. 3. Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Webull Pay LLC. All rights reserved. Will Oil Stocks Once Again Lead The Market As Inflation Eases? The sell-off is a buying opportunity for. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Detailed Profile of WEISS ASSET MANAGEMENT LP portfolio of holdings. @wallstreetmooc. "I think this company is going to do extremely well," said Weiss. Weiss is bullish on Jumia Technologies. and our September 7, 2022 1:25 PM | 1 min read. Stephen Weiss - Board Member - Digital Diagnostics | LinkedIn Steve Weiss, CIO and managing partner of Short Hills Capital Partners, joins 'Halftime Report' to discuss. This Slide: #1 of 10 Continue to slide 2 #10. Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime . By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. There's no shame in going heavy in cash if you are bearish but 70% is pretty much COVID 2 plus world war 3, There are those who think that all growth for the past decade+ has been completely irrational or inflated. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. I heard Weiss keeps matchbox cars in his ass for safe keeping. Got a confidential news tip? Thank you, I have some cash and after reading this I just put in my buy orders. Amongst those changes were Jumia TechnologiesJMIA. STEPHEN L. WEISS has spent nearly twenty-five years on Wall Street working for some of the industry's most prestigious firms including Salomon Brothers, SAC Capital, and Lehman Brothers (he played no role in its demise). A former tax attorney, Steve has been in . Rivian Automotive, Pioneer Natural Resources, Cleveland-Cliffs And This Aerospace & Defense ETF On CNBC's 'Final Trades', Delta Air Lines, Msci And This Japanese Stock On CNBC's 'Final Trades', Arista Networks, Zoetis And This Airline Stock On CNBC's 'Final Trades', Alibaba, Deere, Cheniere Energy, And This Fund On CNBC's 'Final Trades', Martin Marietta Materials, Rivian Automotive And This Cybersecurity Company Releasing Earnings Today: CNBC's 'Final Trades', Bunge, Ardagh Metal Packaging And This Soft Drink Giant On CNBC's 'Final Trades', Alphabet, Activision Blizzard, Oak Street Health And This Australian Company On CNBC's 'Final Trades', Kohl's, T Rowe Price, Rocket Lab USA, And This Tech Giant Feature On CNBC's 'Final Trades', Uber Technologies, Eagle Materials, Albemarle And This Cybersecurity Company Feature On CNBC's 'Final Trades', Advance Auto Parts, MasTec, Bank of America And This ETF Are CNBC's 'Final Trades', Citigroup, Live Nation Entertainment, Chevron And This Major ETF On CNBC's 'Final Trades', Charles River Laboratories, AbbVie, Star Bulk Carriers And This Big Bank Are CNBC's 'Final Trades', Cognex, Altria Group, Kinder Morgan And This Energy Giant: CNBC's 'Final Trades', Delta Air Lines, American Tower, Rocket Lab USA, D.R. All Rights Reserved. We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. Well be covering everything from stocks and bonds to the role of financial instruments (Ex: options and derivatives). the only cash position ill have is from my paychecks that come in while i build back up my E-Fund. buy long dated puts and become a millionaire plz.also ur about 3-4 months late to the Bear party. Our clearing firm, Apex Clearing Corp., has purchased an additional insurance policy.. Our clearing firm Apex Clearing Corp has purchased an additional insurance policy. Affirm Holdings (AFRM) Confirms Earlier Earnings Leak; Needham & Company Lowers PT on Seagen (SGEN) to $180 on Weak Earnings . You want to wait until at least $10 for the dividend payout ratio gets close to 10% otherwise youre just throwing away money, This man so bearish starting to look like one even. Many vaccine makers are trading higher after Fauci saidhe is hopeful that COVID-19 vaccines will receive full FDA approval sometime this month. 2022 Benzinga.com. Stephen Weiss | Family Office Forum Stephen L. Weiss - amazon.com I enjoy watching the halftime show and getting the opinions of some others. Goldman Sachs' bad quarter is the result of environmental factors, says Steve Weiss CNBC We don't think we're going to have a soft landing, says Cantor Fitzgerald's Eric Johnston Those aren't all undervalued but they're pretty stable. Stephen L. Weiss is an active investor, public speaker and the author of UNHedged: A Novel About A Killing in the Market, released in December 2012. . Please visit www.webull.com/cryptocurrency to see a list of crypto available to trade. Want EXCLUSIVE stories originated by Benzinga reporters? Should I up to 50% cash? This comment has already been saved in your, Eni agrees deal with UAE's ADNOC as Italy rebuilds relationship, Mercedes-Benz begins building battery recycling factory in southern Germany, Silvergate suspends crypto payments network; shares fall after-hours, Congress to Limit U.S. Oil Exports to China: What Traders Need to Know. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. If you have a 30 year horizon who cares? ABBV. If you are 25 and have minimal expenses then let your investments ride (especially your Roth). Never miss a trade again with the fastest news alerts in the world! Tesla, AbbVie Are CNBC 'Fast Money' Mentions; Steve Weiss Is Shorting Want the fastest, most accurate stock market intelligence? Stephen Weiss Profile - CNBC Do Not Sell My Personal Data/Privacy Policy. Honeywell International, Seagen, New York Community Bancorp And This Transportation Company Featured On CNBC's Final Trade. Asset Class Equity The company reported quarterly revenue of $6.39 billion, which beat the estimate of $3.84 billion. WEISS ASSET MANAGEMENT LP Top 13F Holdings - WhaleWisdom.com Steve Weiss of CNBC 50 to 70% cash? : r/stocks - reddit #CNBC #CNBCTV Be very selective in buying stocks right now: Steve Weiss 113,778 views May 13, 2022 858 Dislike Share Save CNBC Television 2.15M subscribers The investment committee joins. The information is collected and refined using Benzinga Pro's News Tool. XLE ETF Stock Price, Quote & Overview - Stock Analysis Benzinga Pro users can access this information by using the News tool on any . CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. Bryn Talkington. I like him being on the show frequently but an inverse-Weiss portfolio may have been ideal over the last year. Volkswagen is said to be preparing its Porsche IPO, according to reports. Fast Money Halftime Report : CNBC : March 3, 2023 12:00pm-1:00pm EST Stephen Weiss is the Chief Investment Officer and Managing Partner of Short Hills Capital Partners, an alternative investment fund primarily established to invest the personal wealth of David Tepper, widely regarded as the industry's most successful investor. PROG Holdings Reports Fourth Quarter 2022 Results; Terran Orbital Wins $2.4 Billion Contract to Build 300 Satellites for Rivada Space Networks; Im looking forward to my first AMA and your questions. He added on to his already existing position inthe company. In total we count 515 positions held by Weiss Asset Management LP as of their latest 13F filing, but among those total Weiss Asset Management LP holdings we've sorted out the top ten stocks held by Weiss Asset Management LP by largest position size, and presented them here in slideshow form. Be very selective in buying stocks right now: Steve Weiss I'm Stephen Weiss, author of The Billion Dollar Mistake and a regular contributor on CNBC's Halftime Report.