Latest news with #TimSeymour
CNBC
2 days ago
- Business
- CNBC
Tim Seymour: Early in a international market bull cycle underpinned by fundamentals
Tim Seymour, Seymour Asset Management CIO, joins 'Power Lunch' to discuss the world's equity performance, if it's a one-year phenomenon and much more.
Yahoo
10-07-2025
- Business
- Yahoo
Analyst on Nvidia (NVDA): ‘That's a Multiple I'm Comfortable With'
NVIDIA Corporation (NASDAQ:NVDA) is one of the . Tim Seymour, Seymour Asset Management CIO, said in a recent program on CNBC that major tech companies are cutting back on AI spending plans and investors seem to be looking past market uncertainty. He also praised Nvidia's leadership and commented on the stock's valuation. 'I do think you have a dynamic where it's really a combination of dynamics, and it's interesting to see that this is—you really haven't heard any of the hyperscalers push back on their commitment to AI and AI infrastructure. What you're seeing—you noted—I mean the move in ARM, the move in AI infrastructure, and then even moves in companies like Oracle, and the fact that Oracle's even held on to some of these gains tells you where I think the market is. And AMD—the broadening of the chip trade. So it doesn't mean that there isn't some FOMO in here, it doesn't mean that multiples are challenged, but I look at Nvidia and that leadership looks great to me, and that's a multiple that I'm comfortable with.' Despite a $4.5 billion inventory charge related to US import restrictions for China, the company expects gross margins to reach the mid-70% range by late this year due to scaling Blackwell production. NVDA bulls believe the company can easily offset losses related to China amid new products and market diversification. Saudi Arabia's Humain plans to buy more than 200,000 AI GPUs from Nvidia, potentially generating $15 billion in sales. The UAE reportedly has an agreement for up to 500,000 GPUs. Even without China's involvement for now, Nvidia said nearly 100 AI factories are under construction. These factories have hyperscalers deploying 1,000 GB200 NVL72 racks weekly, each with 72,000 Blackwell GPUs. Columbia Threadneedle Global Technology Growth Strategy stated the following regarding NVIDIA Corporation (NASDAQ:NVDA) in its Q1 2025 investor letter: 'However, the quarter was not without its challenges, starting with the fund holding NVIDIA Corporation (NASDAQ:NVDA). The threat of a new Chinese competitor upended the U.S. AI technology complex as fears rose that the lower-cost alternative that performed as well or better than most U.S. models could disrupt the market and reduce the need for AI semiconductors. NVIDIA reported quarterly results that showed growth – but still a bit subdued as compared with sky-high investor expectations. Profit margins were weak during the quarter as the company ramped up its new Blackwell chip architecture, which at $11 billion in quarterly revenue was the strongest product launch in company history.' While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
24-06-2025
- Business
- CNBC
Tim Seymour reveals global 'Mag 7' for U.S. investors as international markets outperform
With international markets starting to catch up to U.S. stocks, it's time now for investors to take a look at a global version of the popular Magnificent 7 portfolio, according to Tim Seymour of Seymour Asset Management, who has been investing internationally for three decades. "Big thematic, secular trends that have been exciting ... there's opportunity globally and the opportunities in some of these names are [at] significant discounts," said Seymour in a special PRO Download interview for CNBC PRO with me. These stocks trade in the U.S. so they are as easy to play for domestic investors as the regular Magnificent 7 names like Nvidia and Amazon . (See full video above for comments and stock picks.) While the U.S. benchmark S & P 500 has turned around earlier losses to put up a 3% gain so far this year, most major global markets are doing even better in 2025 after many years of underperformance. The Euro Stoxx 50 , the FTSE 100 in the UK and Germany's DAX are all handily topping the S & P 500. Seymour thinks there are several structural things that are becoming tailwinds for international markets, including valuations of U.S. tech stocks vs. their global counterparts, foreign investor flows starting to favor home markets over the U.S. and, perhaps most importantly, an embrace of deficit spending in countries such as Germany. "There's a group of global Mag 7s out there, too, that I think finally are getting a little more attention and some of this is a function of the same big picture thematic trends around AI and data centers," said Seymour, adding that his global version of the popular trade also contains some stocks outside of tech. Here are his global Mag 7 names: " SAP is not only a software play on AI but it also is on data center and security," said Seymour. "This is a combination of CrowdStrike and Salesforce; before those companies were even established SAP's been a global leader." On top of those seven, Seymour also mentioned Siemens positively. The Fast Money trader also discussed: Why the stock and oil markets have shrugged off the Iran bombings this week. It's all about the energy infrastructure and whether that stays intact Why his view is not anti-U.S. and how the country will keep its reserve currency status. Long overdue deregulation in Europe opening up an opportunity in banks like Barclays. Why the time is now for global markets to outperform the U.S.
CNBC
24-06-2025
- Business
- CNBC
Korea, India, Vietnam stand out as Asia's top growth plays
Frederic Neumann Chief Asia Economist & Co-Head of Global Research, Asia at HSBC and Tim Seymour CIO at Seymour Asset Management see EM as undervalued, with Korea, India, Vietnam standing out. China tech, like Alibaba and Tencent, remains attractive despite tensions.
Associated Press
12-05-2025
- Business
- Associated Press
Speakers, Panels and Networking Opportunities Announced for Cannabis Means Business in New York
NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) -- Cannabis Means Business (CMB), the industry's premier business to business conference and expo, today shared new details on their schedule of panels and presentations, along with new programming, exhibitions and networking opportunities. Speakers have also been announced, including CNBC Fast Money trader Tim Seymour; Philip Wolf, a pioneer of the cannabis hospitality sector; and Dr. Chanda Macias, CEO of Women Grow. Taking place June 4-5 2025 at the Javits Convention Center in New York City, the epicenter of commerce and innovation, the 11th annual CMB (formerly the CWCBExpo) will bring together thought leaders, entrepreneurs, investors, policymakers and advocates from across the rapidly growing cannabis sector. The conference will feature in-depth panel discussions, presentations and workshops that will shape the industry's future both within New York and worldwide, with topics such as: Additional panels throughout the two-day schedule will cover topics ranging from Hospitality & Cannabis Tourism; Real Estate & Cannabis Business Planning; Health & Wellness, among other subjects impacting businesses and consumers alike. Three pre-event workshops will take place on June 3rd. These deep dive programs will cover important topics to scale your business: AI & Everything Cannabis for Your Business; Taking Your Cannabis Brand or Business Around the World – An International View of Building Your Opportunities; and Marketing & Communications for Brands & Retailers. There will also be a range of networking opportunities, including but not limited to: 'New York's rapidly growing cannabis market, combined with its unmatched consumer base and global reach, creates a unique opportunity for businesses to thrive—and makes it the perfect backdrop for our event,' said CMB CEO and Founder Christine Ianuzzi. 'Now, more than ever, it's crucial to be in the right room, surrounded by innovators, investors, and decision-makers—this is where the future of cannabis commerce is taking shape.' Cannabis Means Business (CMB) is a new vision for the show previously run as CWCBExpo. This evolution marks a significant shift in the landscape of cannabis industry events and reflects the needs of today and the future of the industry. CMB will continue to offer an expansive exhibit floor and a diverse slate of industry-leading speakers, presenting insightful addresses, educational sessions and workshops designed to address the complexities of operating within the regional, national, and global cannabis marketplace. For the latest scheduling updates, speaker information and to learn about attending, exhibiting and sponsorship opportunities at CMB–New York Global Edition, visit: About Cannabis Means Business (CMB) Cannabis Means Business (CMB), formerly CWCBExpo, is the premier North American trade show and conference for professionals and companies who are serious about growth, innovation and building their business in cannabis. As champions of a responsible, ethical, sustainable and profitable cannabis ecosystem, CMB reflects the vibrancy and complexity of New York City—a global hub for business, innovation and the cannabis supply chain. Visit:
