at pgim, finding opportunity in fixed income today, helps secure tomorrow. our time-tested fixed income suite, backed by over 145 years of risk experience, helps investors meet their goals. pgim investments. shaping tomorrow today. welcome to "power lunch," everybody. alongside julia boorstin i'm tyler mathisen glad you could join us on this thursday final trading day of the week and quarter for s&p 500. up 10% best in five years and we look at some of the quarter's winners and ask the all-important question can gains keep going i

>> and embracing a.i. tools. tried it out wait until you hear demi lovato sing about the s&p 500 play that for you coming up. first a check on the markets dow up, s&p is 500 up a hair nasdaq down 24 points. just a hair. here are the q1 numbers for major averages with only two hours left in the trading, left in the quarter tyler over to what's going on with the markets had a crazy, strong first quarter? >> absolutely. i can't read the numbers they're so small but they're good nevertheless very good. markets have made a strong first quarter. end of last year several firms including wells fargo, nvidia, top picks. worked out stock up 80% first quarter a good decade for some stocks. ge, top bick by deutsch bank up 40% this year.

boeing also a top pick on the street by citigroup bank of america, deutsch, uh-oh, boeing down 26% so far. this year. bring in stephanie link. chief investment strategist and portfolio manager at hightower and a cnbc contributor and owns both ge and boeing one good, one not so good. stephanie, it's been that kind of quarter, i suppose. i mean, generally the market is higher, but there have been pockets of disappointment, as their always are >> and that speaks to, you always want a diversified port portfolio. not everything same time will work, or not work. right? i think the encouraging thing this past quarter was that we grew more than expected in the economy. just learned grew 3.4% fourth quarter. inflation come down pup have decent top-line numbers. decent margin numbers. even margin xmexpansion in cases

leading to 10% earnings. likely to continue for some time do 8, 10% earnings full year the most encouraging underneath the surface, encouraging to see, people talking about it, broadening out in sectors and in style. february 9th, russell 1000 growth was outperformed russell 1000 value by 8.7% that's huge. but fast forward to today, russell 1000 growth leading value, however, that narrow, that gap narrowed to 3.7%. that's encouraging telling you that people aren't just chasing the growth names. they are looking for value oh, by the way, the xle, xlf and xli, value sectors actually beating technology year-to-date in terms of performance. i'm not saying abandon tech. you want to have some tech adding to some actually on weakness blut i think there are other areas in the markets getting more attention i think that's just healthier, tyler. >> stephanie before we talk specific names, overweight in

energy industrials financials and discretionary and housing your favorite subcategory. explain why you're focused on these specific areas >> yeah. so housing, first and foremost, the consumer is stronger than people give them credit. a lot has to do with jobs, wages. confidence high. savings about 4% we have $6 trillion on the sidelines in money market funds. people feel good getting about 5% just to park money in cash. i think the consumer is doing well and i think that is translating into housing housing had recession last year. so we are starting to see recovery a great house are starts numbers this week up 10% sequentially. single-family permits on a year over year basis. up almost 30%. year over year permits are a leading indicator. 5 million homes short in the country. we have 5 million millennials first-time buyers and talk to any of the home builder, telling you that they haven't

overproduced actually underproducing the last 14 years supply and demand dynamics attractive to me and home builders are super cheap. >> walk us through your thinking on boeing. >> let's go right to the loser >> right. >> i think it's going -- we're buying time, honestly. disappointing, clearly but i think the management changes that were announced this week are very encouraging. we have to wait until we figure who they'll hire i think they'll go outside personal favorite, dave cody, former honeywell ceo don't know if he's even interested go outside to find someone, i think, and i think that would be great. i think stepping back, looking longer term, this company is in a duopoly with airbus. 13,000 planes in their backlog boeing has nine years' worth of backlog. not demand control safety part and quality.

eventually will. by the way, already lowered guidance for free cash flow first quarter negative 4, 4.5 billion dollars. probably going to see that actually creep higher as you go through the year and it can produce more planes. >> stephanie, you just explained your perspective on boeing and why you're not bullish on tech sector looking at other areas. you say you owned snowflake and added to it earlier this week. how do you see it different in terms of valuation >> yeah. no it's really, a high flier and have to right-size it. bought ahead of the quarter just added to it after the, i feel like dust settled. from disappointment. it wasn't the quarter that disappointed in fact, they actually did 32% reserve flue growth. 33% product revenue growth margins expanded free cash flow beat. it wasn't that really it was, a., ceo actually not going to the chairman. made a new ceo announcement i like very much people don't know him, not as

popular or well known and very conservative with guidance anytime a new ceo comes into play i want them to set the bar low. remember last year this company lowered guidance twice numbers conservative stock down 32% from its high 18 times price to sale is not cheap. not try to sell you that, however down from 35 times, where it traded in the last four years. i think data is really critical for a.i. and that's why i want to own this one. >> stephanie, always good to see you. have a great weekend. >> you, too, tyler. >> thank you very much stephanie link. though markets are closed tomorrow a key piece of economic data over to rick santelli for a look how the bond market is doing in chicago ahead of what we're expecting tomorrow >> yeah. going into it, well, maybe things couldn't be in a way more confusing. hearken to this morning. shall we 10:00 eastern this morning saw university of michigan final read for march

all three metric, headline, current conditions, expectations, all highest level since july of '21. right there you see the headline number at 79.4 well, for tomorrow, we're all going to look at personal income spending and all metrics built into that it series of data points yes, i will be here with steve liesman. we will discuss it even though the markets are closed go to cnbc.com, but maybe the most important thing i will be looking at is pce year over year core our last look was 2.8. really, it was 2.85. it's notable there, that's a ten-year chart, it's the lowest level of inflation on that metric in three years. exactly three years. but -- it's still well above 2% and therein lies the rub now we've learned we don't need to be there to necessarily lower rates, while tomorrow we'll see exactly where it is, and re-do

all the metrics, three and six-month outlook. at this point in time, ten years, currently sit, well above 388 where they close and a bit below 432. high close for '24 julia? back to you. >> thanks. tomorrow morning cnbc.com, watch for key data of the day pce personal expenditures. key measure of inflation online, full coverage starting at 8:15 a.m. eastern rick joins morgan brennan, steve liesman, bringing you numbers, news and analysis. again, that's 8:15 a.m. tomorrow on cnbc.com. >> i was going to sleep in, until you told me that. >> can't now got to watch. >> i'm going to be awake setting the alarm for that one. over to today's breaking news that is that ftx founder sam bankman-fried sentenced now to 25 years in prison kate roone you is live out the courthouse with the story. hi, kate.

>> reporter: hey, there tyler. sam bankman-fried sentenced to 25 years in prison the big headline for what u.s. prosecutors argue was one of the biggest financial frauds in u.s. history. capped off the fall of the one-time crypto billionaire less than two years ago, living in a $30 million penthouse in the bahamas and really the face of the crypto industry. today, took the stand in a beige prison jumpsuit pleading for the judge's leniency much more contrite, apologetic than defiance and evasion heard from him on the stand where cross-examined in the fall in his criminal trial he said today his actions haunt hi every day. forfeit $11 billion part of the sentencing and admonished. the 32-year-old pointed to the "enormous harm and brazenous of his actions" and exceptional flexible with the truth and lack of any reremorse and obstructed justice, committed perjury at

least three times on the witness stand. he did say sam bankman-fried at risk of committing crimes in the future saying it's not a trivial risk at all, the judge put it. judge caplan talking about sam bankman-fried's risk appetite. fraud an example of his penchant for gambling opinion found seven counts of fraud and conspiracy the family saying we are heartbroken and will continue to fight for our son. his defense team plans to appeal back to you. >> kate, a pending appeal, or expectation of an appeal, but put this in context here forfeiting $11 billion, 25 years. how does that compare with other similar trials, similar outcomes and how much of that 25 years would he be expected to serve? >> reporter: yeah. julia, big comparison bernie madoff sentenced 150 years. he was 70 years old at the tile. 25 years was within the ballpark

legal experts expected i talked to the prosecutor in the madoff case. that's in-line much lower than the sentencing guidelines which had a maximum of more than 100 years this was sort of the expectation. he is significantly younger than bernie madoff. 32 years old and that was something the defense talked about today. still in the prime of his life in a lot of ways very intelligent, promising young individual who committed massive fraud and they said there's a chance for him to do good in the world. the judge saw it differently saying there's also a chance for him to commit another massive fraud, which he said really was a real risk. elizabeth holmes another parallel 11 years that, i'm told, the floor. most did not think he would get anything less than a decade or 11 years. >> back to julia's question. how much time is he likely to serve and where will he likely serve it >> reporter: so in california potentially his family is in the bay area they said that they will likely

choose a prison around san francisco. it depends good behavior, parole, take that into consideration about 85% of the sentence is typically what happens in these federal crimes they serve majority. he is expected to serve most of that sentence and then there's an additional three years where he's sort of under surveillance. it will be the bulk of that. yeah, potentially 50 or so when he is eventually released, and there is, there's some possibility for parole and things like that, but different in federal guidelines. so we'll see quite a long time. not necessarily a life sentence. >> did i hear you correctly? asked to return some $11 billion as part of this? >> reporter: 11, b, billion, yes. >> does he have it >>. >> reporter: my big question, tyler. parsing through this, but he said -- first of all his legal bills have got to amount to

millions he is spending on that also there's a separate lawsuit from the bankruptcy case and the current ftx, in charge of the enron bankruptcy running that and sued his parents and other lawsuits going on. it's unfair where he's going to get that $11 billion thoughts that he could have moved money offshore, but that is an eye-popping number probably don't have it. >> kate rooney reporting from the courthouse thanks very much. coming up, doing bargain hunting in retail, but, no, not the close. sharing cheap stock to buy tiktok buying out a platform it helped disrupt. all to prevent a potential tiktok ban. and take a look at the growing uses of a.i. in the music industry all of this when "power lunch" returns.

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welcome back to "power lunch. consumer sentiment hitting highest level in two years inflation so high our next guest seen the consumer trade down and out with a list of six retail stocks that look like bargains revealing those names and a read on retailoverall, chief research officer and ceo of an advisory group. talking during the commercial break. you said now the consumer is squishy. what do you mean >> what i mean by that is every day it's different one day it's strong. one day it's weak. macro news is floodinged landscape lately and i'm seeing companies have lean inventories and the consumer with inflation still high, interest rates yet to come down, very, you can call it discerning, choiceful how they spend. each week and day, weather good, weather bad, choiceful how they spend from all income levels. >> tell us some of the names are

benefiting from the trade down >> i think off pricers benefits most from the trade down, tjxs and burrington discounter benefiting along with dollar stores. interesting thing particularly about the off pricer typically generate 3% same-store sale increase lately above 3 5, even 7% meaning getting benefit more consumers shopping their stores. >> i am very curious you mentioned the off pricing stores stores i'm going to mention are anything but off-price the big, classic department stores the macy's, the jw nordstrom who do you think future of those stores is and specifically what will happen with nordstrom, which may or may not go private? >> change going on in the department store sector. koching up to frankly what retail needs to be today look at what tony spring is going at macy's, who spent over 30 years at bloomingdale's

enhancing assortment store closings they're doing let's just say around 150 stores generate 50% of macy's sales and 500 doors are closing 150 stores is the right thing to do, because you want to optimize the stores that you have. >> making the money? delivering the money >> exactly contributing. >> con tcentrate on those get r of the rest? >> right things unique to them. at macy's look what just launched just launched donna karan label redirected and good fanfare. how will they be new and different to drive traffic i think it's traffic and then conversion in aur. average unit retail selling price. beginning of it. meantime, these off pricer have the goods the brand and compelling. >> will nordstrom go private >> can they afford it, pay off

the debt with that something remaining to be seen rack business stronger than fullline business. >> nordstrom rack. >> explored. >> the other end of the equation, more insight into the luxury business. you say despite the top comparisons, luxury good sales are above 2019 levels. >> yes. >> are some better positioned than others? named undervalued in this market >> look at luxury goods, king of luxury goods is lvmh with over 75 brands. frankly all different categories, hospitality, sephora and key brands like christian dior and louis vuitton one. ones getting benefit of the first pick-up. chinese again to travel, spend r spend more on accessories they'll be a beneficiary and unique creativity drives that. other names out there. look at tapestry spent time with management there. coach brand delivering higher average unit retail selling

prices and frankly gaining share. the tapestry capri acquisition still on the come but the confidence level them being able to integrate michael kors the other brand and deliver propertiability is higher today than what the acquisition was announced. >> give us three stocks on your "a" list don't choose your favorite children, but in a way i am. mentioned some go ahead >> bath & body works shift to the mall compelling and 40 million people in their loyalty program. ralph lauren expanding customer base focusing on other categories like outerwear, like accessories, like home a real driver for them look at businesses likes ulta. thinking a ulta with cosmetics range, mass and prestige, a driver don't forget tjx

continuing to dominate. >> a good note to end on with tjx, retailers thank you. >> thank you. >> i want to spend a day with you some day talked about it last time. like to do this just go hang with you and see what you see and what you like and don't like in various stores. we'll go to -- >> get on your comfortable shoes and let's go walking. >> go to a mall. >> my 235favorite malls. >> thank you. still to come, moving past simple home improvement and betting big on retailers that's next. ameritrade is now part of schwab.

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mortgage rates shot higher the past couple years causing a slowdown in the housing market homes sold, fewer, fewer people fixing up homes to sell on renovate after buying them creating a problem for home depot. do it yourself projects forcing home depot to go after the contractor market. which it is doing with its

biggest acquisition ever melissa revco joins us. >> announcing buys srs distribution a company specializing in selling to suppliers that do projects like installing pools, doing landscaping. re-doing roofs, and it's worth noting that pros are already a good chunk of the business half of its sales come from pros, but pros that are bigger and they really want pros to come to them for top to bottom supplies not just for running in, like, treating home depot like a convenience store. they want a bigger chunk of business. >> how does this play into home depot seams over the past years? an obvious solution to challenges they've had >> really the latest puzzle piece in home depot's strategy of course, it's a tougher housing market there's been a dramatic pullback in the spending on diy after the pandemic also, home depot sees the turnt

h opportunity. an untapped market getting more sales for pros a lot of us may not complete the project we start in our home pros that, their career depends on it. they're policing a more lucrative order and it could really move the needle at a time when the forecast for home depot is tepid. >> what after a differentiation between home depot and lowes is this a piecelowes, the businw 20% to 25% than home depot which is half. i spoke to the ceo for home depot saying meaningful shifting that 50% to 55% and could get more significant over time that said, ted decker told me he still wants to go after diy customers. not giving that up just trying to be strategic taking advantage of both pools of customers and the pros, like i said, more reliable because they're not as likely to not do a project because of the weather

or other factors like that. >> and keep coming back. i mean, diy person might do their project and be done for the next five years. the contractor's going to be coming back, because that's their business over and over again. >> exactly let me ask you this question -- you mentioned an acquisition certainly one way home depot can expand from the contractor market, but how do you do that i take your point. when i go to a home depot you see people clearly professionals. but they're not there buying for the full job they're there because they're short of a few pieces of lumber. maybe they need some drywall spackle or whatever. >> exactly, so how do you take that person and lure them away from the classic building supply company that they've been doing business for years >> it's a whole new muscle for home depot to learn and actually one of the things ted decker told me, the ceo not just gaining a book of business, also gaining expertise, because this company

they're acquiring has 4,000 delivery trucks that can get lumber and other things like that to a job site and also said they just know how to run a business, and have relationships with specialty pros that home depot may not have >> this is their biggest acquisition by far any concerns about integration or the fact this might be a big and hefty perhaps distracting project to merge these two companies? >> a good question we know we're in a time when regulators are scrutinizing deals more closely than before home depot's leadership, ted decker is confident the deal will go through because it's a different kind of business than home depot's been in not the same base of customers not really the same thing and feels confidence they can close the deal by end of the fiscal year, which would be late january. >> fascinating thanks for joining us. over to kate rogers for a cnbc news update. the united nations top court today directed israel to take

measure to allow more humanitarian aid into gaza the international criminal court of justice unanimously ordered israelis to take all necessary steps to ensure basic food supply, delivered without delay. the order was requested by south africa as part of its case accusing israel of genocide. a 22-year-old man charged today with first-degree murder in a stabbing rampage ta killed four people and injured seven others in northern illinois yesterday police say the attack happened within 20 minutes of each other and the victims included a 15-year-old girl and a postal worker the motive at this point is still unclear. and new york mayor eric adams announced today that the city is opening permanent applications to test autonomous cars but there are some conditions companies need prior experience, testing in urban environments to get approval, and requesting a safety driver in the car at all times. julia, back to you. >> thanks so much. meanwhile, tiktok launching

a $2.1 million ad campaign with one goal to block its ban that story, coming up next. mee. ron eats, sleeps and breathes hoops. and there's not a no look pass, double double, or buzzer beater he won't wax poetic on. ad nauseam. but oh how he can nail a software solution like the best high screen pick and roll you've ever seen. you need ron. ron needs a retirement plan. work with principal so we can help you help ron with a retirement and benefits plan that's right for him. let our expertise round out yours.

welcome back tiktok fighting back against

potential ban of its platform launching a $2.1 million advertising campaign cnbc political finance reporter brian schwartz is leer to discuss that story brian, explain to us the argument that tiktok is making with these ads and how important tiktok is for its 5 million businesses who use it? >> well, that's exactly the argument they're making. the importance of tiktok for users. really even part at least connecting that message to the impact tiktok has. at least in the company's view on small businesses. you have to understand many of these tv ads are airing in states where there are at least five democratic lawmakers up for re-election now. so these are, air nationally, on local tv areas, and this is really key in terms of tactics how they'll lobby as the bill ais reviewed n the senate chuck schumer said it will be reviewed the question now is, is this thing really going to move forward to the point of what the

house bill had created in the past remember, the house bill, in its form, was that if it was actually signed into law it has to get to the senate to do that, bytedance would have six months to die vest and didn't tiktok wouldn't be allowed on u.s. phones and wouldn't be allowed toe be downloaded going forward. the message is very clear. to pitch this constant tiktok is for everybody, can be used by small businesses. >> all the pitching is great for the economy and local businesses. >> you got it. >> my question, what's the call to action here is tiktok imploring people to call up their senators saying don't vote for this bill is it that clear. >> not that way. the call to arms basically have users speak out more and more on the importance of tiktok to, in a way, push lawmakers not to go ahead with supporting this bill. none of these ads i've seen at least say call your lawmaker anything of that sort. beyond the tv ads.

keep this in mind. the company told us there's going to be a visual ad component, there's going to be a billboard component to this where that bus stations and train stations you're going to see this concept of the importance of tiktok that's all part of this over $2 million advertising budget. >> talk about the bill itself. it passed with a large bipartisan majority in the house. you suggested earlier some of these ads are targeting states where democratic incumbents are up for re-election and may find themselves in tough fights why would they be targeting democrats? is it because they think democrats are more persuadable than the gop members >> i think that's possible i think when you look at it from a political standpoint, connecting back to this policy, frankly, the idea could be that the, these people up for re-election, democrats, could be more persuadable because they're up for re-election some ads airing in ohio. sherrod brown, powerful senator from ohio, is up for re-election

this year. so these are some key players in the senate within the democratic party that represent these states the theory could be, keep airing ads in these states, these senators that represent these areas maybe they can kind of turn against the bill a little bit. maybe just dissuade them enough where this bill, may not get to the floor. remember, we're not at that point yet. apparently they're reviewing this thing. >> what has schumer said about that >> that's it so far from what i've seen, this idea reviewing it. they may have, "mayar "may" hava public hearing senators had briefings but not at the point anyone's calling for this to be brought to a full vote senate vote. it could take a matter of months tiktok, an opportunity to run the ads. >> tiktok, $1.2 million now. what's next? ramp up, spend tens of millions on this issue? high stakes for them, clooerly.

>> telling me more than that for ad impact so far more spending here the company is saying this the idea here that i just think they're going to keep hitting these points over the next few weeks through april and, look, as we get closer and closer to november, i don't care what the policy is, tiktok or someone else, lawmakers will focus on re-election efforts. if they can drag this out, the company, push bark, delay this, maybe a chance to ekeep running this back and putting it off a while. >> what is the use for small business advertise and you click through to their business? >> what i've seen. right. again, the ad, look through the spots, they're apparently bringing on people with small businesses use tiktok in the exact way you just mentioned it, and listen, could be a compelling message for a lawmaker from say montana. right? that's one of the states that these ads are airing in. this is something you really have to keep an eye on, because if these senators are to waver a

little that could be a win for tiktok. >> seeing an ad run on our air #keeptiktok. trying to get the message out there. thanks for joining us. >> thank you. all righty coming up, facing the music. recording artists now leaning into a.i. tools for productions, and we wanted in on the fun. so we figured we'd try them out, too. we'll playing a special tune, when "power lunch" returns. rylee! from rylee's realty! hi! this listing sounds incredible. let's check it out. says here it gets plenty of light. and this must be the ocean view? of aruba? huh. this listing is misleading. well, when at&t says we give businesses get our best deal, on the iphone 15 pro made with titanium. we mean it. amazing.

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and having someone who can help you get there. the key to being rich is knowing what counts. welcome bhak back. more than two decades after prirsy a new one emerged artificial intelligence. examining how the music industry is grappling how a.i. will impact its future and trying to get out in front of the a.i. disruption ♪ ♪ falling ♪

>> reporter: may sound like demi lovato but it's not. it's an a.i. generated song created by youtube's dream track tool, part of google's latest experiments in generative a.i. the company is partnering with record labels including universal music group to create guardrails to protect artists voices from being exploited and to enable them to profit from custom a.i. created music. ♪ julia, you are like the sun ♪ >> reporter: dreamtrack, tested as an integration into youtube's tiktok rival youtube shorts allows creators to make a.i.-generated songs with voices of famous artists. nine big name artists are participated and paid for their participation by youtube from jauch legend to demi lovato and t.p. ♪ hanging with my friends ♪ >> yeah. a.i. it cred

i ain't heard a song like this in years. >> reporter: the first tv journalists to demo the new tool alongside melanie will kinn, a youtube creator part of the initial test and asked dreamtrack to create a song about the stock market ♪ s&p, s&p, you're gonna make m rich one day ♪ >> reporter: two decades after music piracy threatened the music industry it's facing another reckoning as music labels and art its decide whether to embrace the new tech or risk being left behind. >> we have to effectively figure out how to adapt a new technology i think you'll see we work to try to understand where the opportunity is and get out in front of it. >> reporter: youtube wasn't the first. last year the artist grimes invited them to crazy songs. if songs are a hit she'll split royalties with them. when the tool will be widely

available, the company's still working on it. >> we know there are challenges and a lot of work we need to do to get to the place where we will be able to fully scale a product. in other words, it might take some i before you have the ability to make your own song. >> reporter: meantime, 100 of youtube's creators and millions of fans are getting a window into what the future of custom a.i. music will look lick. >> one thing surprising about this, demo, how quick. almost instantaneous for this generative a.i. tool to create the music. tyler, amazing what will happen when the tools are available at scale and instead of a custom play list, a custom play list with all the music. >> composes the music merges them in this experiment is using the licensed voices of artists like john legend, demi lovato.

>> yeah. >> and really sounded like them. sounded like they were singing a song but never before heard a song that includes lyrics about the nasdaq and s&p 500. >> nasdaq, you're so hot nah. i don't know so -- what happens if these things become a hit? one of these -- songs become as hit? who owns it? >> university can music group. record label is part of this experiment right now youtube is paying making they're think compensated. down the road, remember, youtube is a massive business. you'd be able to benefit from advertising. might have a subscription fee involved as well the idea is to really monetize these a.i. voices and make sure that these artists are participating in the profits around their success and not just having their voices stolen. >> did you -- did the, content corr correct did you think the songs

created were good? >> they were catchy and quickly generated. you can make another one pretty much instantaneously. >> thank you. coming up, best in class our trader gives her take on some of the top market performers so far this year as the first quarter of trading comes to a close. it's a good one. "power lunch" is back in two.

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welcome back, everybody. time now or three spot lunch. are going to look at the best performers. up first, metafile forms. the stock is up about 37% this year, that is a good year not just a good quarter. what is your trade here? >> it is a good year. i still have it as a buy. it has been a long-term goal for us. we like it because of their huge mode that they have. 77% of our users are from the

meta-platform. the top net income margin in their area is 29% compared to negative one for their peers. we have the best margins, 46% compared to 4%. fundamentals look great. the rent evaluation again, it looks great. their enterprise value, it is a clear by and it is a long-term goal for us too. >> disney having its best first quarter since 2000 up about 1% today at of about 35% this year. we have that big shareholder meeting this week. ava, what is your trade on disney? >> there is no more any legal overhang, that is very good news. i think investors are excited about this. we need to remember, they are a long long way since pre-covid numbers. they used to make 12.5 billion in profits, now they make 3 billion, there is a big drop in

their profits. on rent evaluation they don't look that good. 74, it is extremely high, double their peers and most importantly, they are making much less money on much higher revenues. their margins are 50% below where they used to be and their revenue is actually the highest it has been. things are not running as efficiently as they used to. >> all right, let's move on to the last one. eli lilly, this one a top performer. the weight loss drug expected to become one of the best selling drugs ever. shares are up 35%. just so far this year, are you overweight on this weight loss drug or not? >> not overweight at all. it is traditionally a slow moving area. these are big companies.

there is no high revenue growth traditionally. but now we see high revenue growth just because they are drugs. the average of the category is 2%. the revenue growth is great. they stock most importantly in the last three years, it's come up four times. if you compared to the revenue growth which has, 50% in the last three years, there is a big inconsistency on how the revenue is coming up compared to the stock price. as a result, the evaluation is elevated. and their net income is not as good either. if you can get in, we would sell and get in, if not eventually we would sell. >> very interesting, great as always to see you, have a good weekend, hpy eteapasr.

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to daily digestive support, to more wellness solutions every day. get more with nature's bounty. all right, just two minutes left in the program. let's get right to it. let's talk about rent prices for one and two bedroom apartments grew in march for the first time in six months. the average monthly rent in a one bedroom apartment nearly rose to $1500 nationwide. a two bedroom rose to more than 1800. the only state statewide to see rent drop across the board was arizona, not sure what is unique there, but all the major areas assessed declined to $1311 in april. >> i wonder how this relates

about housing. the fact that mortgage rates are still fairly high starting to go down but not down enough. meanwhile, highlighting how folks in their 50s are behind in retirement savings despite nearing retirement age. the balance for americans is just $50,000. lack of investment options and participations when many gen x people enter the workforce. younger people are actually saving more auto enrollment and auto escalation. >> it is a big thing. the default is you're going to put money away and you don't notice that you don't have it which is really the way to go. let's move on to a sports deal to tell you about. the cames -- teams current owner says the deal is off and

it's no longer for sale. 40%, i believe i read sticking with the sports business team, keeping the wizards in the nation's capital in the district scratching a deal that would have them move over across the way into alexandra. >> it's been great to be here. thanks so much, tyler. here at the new york stock exchange, and another big month for stocks. the rally is at five months and counting. the last experts, where we are likely to go from here, in the meantime take a look at your scorecard, 60 minutes to go in regulation. looking to extend its best start since 2019. energy once again, we are watching tech closely. we always do. it's been down three in the past four weeks. look at