Christopher Versace

|RSS

Christopher Versace is the Portfolio Manager of the Thematic Growth Portfolio at Fabian Wealth Strategies, as well as the editor of both the long-only "PowerTrend Profits" investment newsletter and "PowerTrader" trading service that utilizes strategies combining stocks, ETFs and options. Versace uses a proprietary thematic investing perspective that ties in economics, demographics, psychographics, technology and more to determine investment candidates, while also sidestepping companies vulnerable to thematic change.Expand

Versace is also the host of PowerTalk, a weekly podcast that features conversations with public and private management teams, as well as other thought leaders, for the benefit of both individual and institutional investors. These conversations aim to get behind the scenes with such guests as Steve Forbes, Donald Rumsfeld and the CEOs of Smith & Wesson and Cato, among others.

Versace was previously the portfolio manager of Agile Capital Management, which combined a hedged investment mandate and a thematic investing framework. He also previously served as senior vice president, equity research at Friedman Billings Ramsey, where he covered the mobile phone industry and component technologies. Versace was also an analyst at Donaldson Lufkin Jenrette, as well as Salomon Brothers.

Versace is a contributor to Forbes.com and a frequent guest on "Live from The Washington Times with Andy Parks," in addition to other radio and television programs. He earned bachelor's degrees in economics and mathematics from Fairfield University before earning an MBA in finance from Fordham University.Collapse

By

Christopher Versace

 | Feb 18, 2016 | 10:03 AM EST
I almost missed the fact amid this morning's flurry that the Organization for Economic Cooperation and Development has cut its 2016 economic-growth…
By

Christopher Versace

 | Feb 18, 2016 | 9:40 AM EST
CAT expects sales and revenue to be about 10% below 2015. Current consensus calls for $41.8 billion in 2016 vs. $47 billion in 2015 -- an 11% drop. Construction Industries revenues will be down by about 5% to 10%. Energy & Transportation should be down by ar
By

Christopher Versace

 | Feb 18, 2016 | 9:04 AM EST
The morning's economic reports are starting to trickle in. So far, the U.S. Labor Department reported that weekly jobless claims were 262,000 vs.…
RMPIA
By

Christopher Versace

 | Feb 18, 2016 | 8:51 AM EST
Analog Devices (ADI), which approved increasing its share-repurchase authorization to $1 billion; Arris (ARRS), which disclosed plans for a $300 million share-repurchase program; Capital One (COF), which announced repurchase of an additional $300 million of common shares; CBOE Holdings (CBOE), which increased its share-repurchase program by $100 million; Comscore (SCOR), whose board approved the repurchase of up to $
By

Christopher Versace

 | Feb 18, 2016 | 8:28 AM EST
St. Louis Federal Reserve President James Bullard is saying it'd be "unwise" for the central bank to raise rates near-term -- interesting given that…
RMPIA
By

Christopher Versace

 | Feb 18, 2016 | 8:11 AM EST
I'm digging into this morning's earnings release from Wal-Mart (WMT) and a few things jump out at me: Same-Store Sales…
RMPIA
By

Christopher Versace

 | Feb 18, 2016 | 7:43 AM EST
Amazon (AMZN), upgraded to Buy from Hold at Canaccord; Credit Agricole (CRARY), upgraded to Neutral at Mediobanca; Hannover Ruck (HVRRY), upgraded to Hold at Deutsche Bank; H&M (HNNMY), upgraded to Neutral at Goldman Sachs; Rolls Royce (RYCEY), upgraded to Neutral at JPMorgan Chase; STMicroelectronics (STM), upgraded to Neutral at UBS. Downgrades Garmin (GRMN), downgraded to Underweight from Neutral at JPMorgan; GN Store Nord (GGNDF), downgraded to Sell at UBS; Hammerson (HMSNF), downgraded to Neutral at Exane BNP Paribas. Although I haven't seen the AMZN upgrade as yet, we at the Growth Seeker portfolio are long on the stock and continue to like the expansion of Amazon Prime from both a geographic-footprint and product-and-services perspective. And let's not forget Amazon Web Services, which continues to gain share in a profitable way. AMZN also has one of my favorite new gadgets -- the Amazon Alexa, which is everything Apple's (AAPL) Siri ought to be. I'll be back with more after I get that second cup of coffee going!
By

Christopher Versace

 | Feb 18, 2016 | 7:23 AM EST
Wal-Mart (WMT) reported a beat on fiscal fourth-quarter earnings this morning, earning $1.49 per share during the latest quarter vs.…
RMPIA
By

Christopher Versace

 | Feb 14, 2016 | 12:00 PM EST

The portfolio has benefited from cash levels and the favorable characteristics of several positions. 

By

Christopher Versace

 | Feb 10, 2016 | 11:30 AM EST

Despite the positive impact of Star Wars, Media Networks remains the largest generator of sales and profits.

From The Restaurant Finance Monitor...


...
This week's biggest gainer in the S&P 500 was Borg Warner.  The auto parts maker ...
We added the Big Apple today as we see this breaking out on good turnover, strong institut...

BEST IDEAS

News Breaks

Powered by
Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.