Close Menu
Finletix
  • Home
  • AI
  • Financial
  • Investments
  • Small Business
  • Stocks
  • Tech
  • Marketing
What's Hot

Elon Musk Loses $15 Billion in Net Worth After Tesla Stock Sinks

July 8, 2025

Meta reportedly recruits Apple’s head of AI models

July 7, 2025

Cursor apologizes for unclear pricing changes that upset users

July 7, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Finletix
  • Home
  • AI
  • Financial
  • Investments
  • Small Business
  • Stocks
  • Tech
  • Marketing
Finletix
Home » Niles says investors must ‘forget about’ valuations, names favorite stocks
Investments

Niles says investors must ‘forget about’ valuations, names favorite stocks

arthursheikin@gmail.comBy arthursheikin@gmail.comJune 27, 2025No Comments3 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
Share
Facebook Twitter LinkedIn Pinterest Email


Investors can suspend their focus on price to earnings and other multiples as the stock market rises to all-time highs, according to Dan Niles, founding partner of AlphaOne Capital Partners. “You kind of have to forget about valuations for now,” Niles said on CNBC’s “Squawk on the Street.” “Then we’re going to get to Thanksgiving, and I think things are going to hit a wall. But for right now, I’m really enjoying the ride.” Niles’ comments come as the S & P 500 rallied to a new record on Friday, the latest milestone in the stock market’s dramatic comeback following the April sell-off triggered by President Donald Trump unveiling his tariff policy. Niles said companies should have a good second-quarter earnings season and geopolitics are improving. The Lehman Brothers alum also said he expects the Federal Reserve to cut interest rates despite his personal belief that the central bank does not need to lower the cost of borrowing. Niles said he is standing by his call for Cisco as a top pick into the second half of this year. The networking equipment maker has sold at multiples below other artificial intelligence plays, and the stock could benefit from a push to invest in the networking side of AI, the money manager said. Cisco shares have climbed more than 16% in 2025, on track for their third straight winning year. The stock hit a 52-week high in Friday’s session, its highest since the end of the dot-com bubble in 2000. The majority of analysts have a buy rating on Cisco, according to LSEG. The consensus 12-month price target suggests the stock might rise another 3%. Niles also highlighted Nvidia and Microsoft , saying the two are his favorite members of the “Magnificent Seven.” Niles said Nvidia is coming off a major write-down and that Microsoft is turning a corner with its Azure business. Both stocks hit all-time highs in Friday’s session. Nvidia shares have risen more than 17% so far in 2025 after more than doubling in 2024 and more than tripling in 2023. The consensus rating among Wall Street analysts remains a buy, with the average price target suggesting more than 12% upside. Shares of Microsoft have jumped about 18%, also placing the stock on track for its third straight winning year. Most analysts also have a buy rating on Microsoft but an average price target implying about 3% upside, according to LSEG. NVDA MSFT YTD mountain Nvidia and Microsoft in 2025



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticleThe List of Companies Ordering Employees Back to the Office
Next Article MrBeast Kills AI Thumbnail Tool After Creator Revolt
arthursheikin@gmail.com
  • Website

Related Posts

These stocks are on their way to becoming dividend aristocrats, Wolfe says

July 7, 2025

These stocks are the best way to play crypto in the second half, Wolfe says

July 7, 2025

The charts show a tech breakout that can continue over the next 6-12 months

July 7, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

The Trump-Musk breakup appears to be complete

July 7, 2025

Trump announces a 25% tariff on Japan and South Korea

July 7, 2025

Stocks are at record highs as Wall Street faces major tariff test

July 7, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Welcome to Finletix — Your Insight Hub for Smarter Financial Decisions

At Finletix, we’re dedicated to delivering clear, actionable, and timely insights across the financial landscape. Whether you’re an investor tracking market trends, a small business owner navigating economic shifts, or a tech enthusiast exploring AI’s role in finance — Finletix is your go-to resource.

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Tesla shares sink after Elon Musk says he will launch new US political party

July 7, 2025

Maternity wear group Seraphine collapses into administration

July 7, 2025

Another problem with IRRs

July 7, 2025
Get Informed

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

© 2025 finletix. Designed by finletix.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms and Conditions

Type above and press Enter to search. Press Esc to cancel.