new england patriots along with his university of michigan jersey the watch from the netflix roast and celebrated the 2021 super bowl victory is estimated to go collection will bring in millions with the watches alone ranging in value from $12000 to $800,000 you can watch brady himself on fox calling the rams versus bills on sunday. i hope you'll join me on "sunday morning futures" on the fox news channel on 10:00 a.m. eastern lifers in liberty futures. ibex was of interviews with tennessee's editor bill hagerty, house speaker kevin mccarthy and income reporters czar tom homan. that will do it for us on fox business. thank you for joining us. have a great rest of the weekend. i will see you next time. ♪ >> "barron's roundtable" sponsored by global x etf's ♪

♪. jack: welcome to "barron's roundtable" where we get behind the headlines and prepare you for the week ahead. i am jack cowin for jack carter. coming up skepticism is whirling around how much money companies are pouring into artificial intelligence constellation research founder ray wang joins us on how transformative a i will really be. later high profile ceos are losing their jobs amid turbulence of iconic brands, which companies can be fixed and where are the buying opportunities. we begin with expert panel and three things investors out of think about right now. on the "barron's roundtable" then levinson, meghan lenhart and al roots. good week for stocks, is it the same stuff that's been working all along. >> it depends on what is working all along this is a big week for big tech it's falling out of favor a little bit this week it was back in a big way better and

particular hit a new high in a boost on friday with the tiktok getting van, i call it the tiktok i'm sorry about that. >> only because your 100. >> the nasdaq finish at a high the nasdaq finish that a high, the dow dropped a little bit but it had been leading before so it's okay to take a rest. >> everyone seemed happy with her 401k my friends keep asking me is s&p 500 my fund about to take because it went up too quickly and i tell them i cannot tell you only been knows that tell my friends are the s&p 500 fund about to take. >> a look at the stock market and i'm scared it's expensive in the valuation is high and it's got a more than 20% for two years in a row that's probably not a great thing but a look at everything that's going on the economy is great, a.i. i know people are worried the a.i. has been great why not go for the number three the risk is that we go up even more, not that weho. >> absolutely right the fundamentals are there in the

economic fundamentals get just got jobs today on friday it was a good report pretty benign, what was interesting, we saw an appointment take up and i think this gives the fed room to cut this month it'll be an interesting one. jack: what are you watching to the week ahead. i'm looking at inflation two things price stability and full implement you the full employment, now we need to see inflation come in right where it is expected to .6% for the headline in line with october that comes in at that level or a little bit lower the market will be fine. jack: at&t had an investor day, these are shareholders that not too long ago had to wear paper bags over their head out of embarrassment of what the stock had done for very long time now there holding their heads up high the stock is outperforming said spring, what is going on. >> a couple of things, the big message from the investor day share buybacks over sending money to money heaven remember

old columns of yours, buying directv, they spent including debt exceeded and 70 billion on all of these assets. jack: ditches on the roof are not the future of television. >> they sold them for much less than they bought them for. they are going to generate 50 billion of cash flow in three years and the new strategy take 20 billion a buy stock back in addition to the dividends. i think the message if you're not a fast-growing a.i. stock with great outlooks why don't you give cash back to shareholders. >> is a phone company that figures out it wants to be a phone company no more show business and nothing crazy but would you buy the stock. >> monica pointed out something very interesting at&t is a 40% year-to-date example from verizon by about 30 points, verizon is also phone company, no crazy strategy also huge free cash flow and trades above nine times earnings at&t trades at

11, it's a good idea to flip into a bright enter verizon for 25 people in our cover story this week is on international investing. i dutifully put some of my savings in international and overseas markets even though the u.s. has outperformed forever. all they really care about when and video will double again, am i doing the right thing. >> i think is about a diversification play when it comes to international exposure it's good value if you do have an active management situation this is the time to employ it. it's one of the situations that we have names that are experts came to us with the everybody knows about and we have some that most people have never heard of. jack: let's hear some pics. the big one is hermas a great luxury brand that has exposure and overseas markets, is getting in a lot of good things. of course you're going to love this, bye, everyone's favorite e-card company out of china.

i'm going to call an e-card, i love that. and then we have ones that are different. out of india, one of the analysts was talking about mrs. vectors foods shelties, biscuits and bread. it feels like a quaint fun company. it's actually a great buy. jack: it's boring but maybe in india is a great opportunity. >> at the growth opportunity is a good one. the last one i want to talk about is the bank. it's kind of boring but this is ot p bank it is headquartered in budapest, is actually the largest central european bank for both retail as well as commercial. this is something where we may see get a little bit of a boost when we start to see ukraine get into the reconstruction. jack: what about somebody who is not a stock picker is this one that you would go to an index do you that management. >> i think this is an active management kind of play, you have to be a little bit more cautious and really plant the

flag and places that you know are going to give you good returns especially if you're doing this long-term. jack: thank you, a.i. skeptics are sounding off about how much money is being poured into the new tech. constellation rain long is here to tell us if it's a good investment and what to watch for in the new year. ♪ confident. measured. ready. the markets, like life, will turn and challenge us. but when emotions run high, we stay grounded. with the hcm buyline, we work to empower investors, in navigating market volatility and complex conditions. we provide a diverse portfolio with proprietary mutual funds and etfs aimed at growth and preservation. so you can invest with confidence. visit howard c.m. funds dot com.

so, what are you thinking? i'm thinking... (speaking to self) about our honeymoon. what about africa? safari? hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a down-payment... ...on a ranch ...in montana ...with horses let's take a look at those scenarios. j.p. morgan wealth management has advisors in chase branches and tools, like wealth plan to keep you on track. when you're planning for it all... the answer is j.p. morgan wealth management. 's are betting big on artificial intelligence as our house socks like nvidia sword in 2024 but the incoming administration could cause some shakeups in the government's approach to tech industry, trump picking longtime venture-capital under capitalist in paypal chief operating officer david sachs to be his

white house a.i. and crypto czar, research founder and principal analyst ray wang. incoming crypto is david sachs and crypto friendly sec pick paul atkins, bitcoin just hit $100,000, here is my question are we sure that crypto friendly is bullish for crypto prices? bitcoin has been running a four years with uncertainty and open ended predictions. for going to get more clarity and guidelines are investors going to stay as excited as they have been about crypto? >> they definitely are, crypto and a.i. are the top two priorities in the trump administration partly because we want to be number one in the world and the two technologies. a lot of cash, billions have gone into the uae and the middle east is the rules are clear and a ton of talent has moved over the critically unclear regulation, that means people will move their talent back to the u.s. i more important,

crypto will play a big part and what were going to do next. the second is the crypto active be proposed this is a certain percentage of the u.s. reserve will be held in bitcoin and that's what's driving the price up anything else. then we seen quietly in the background, the institutional investors that have actually made large purchases in bitcoin and put those into their holdings already in anticipation of that. this run-up will continue past the 100,000 and maybe even $200,000 per coin. jack: let's turn to a.i. massive sums being spent on ships and data centers. sometimes i hear ordinary consumers will look at the latest a.i. features on the iphone and they say no big with. as long as a.i. money being wise and spent, what are the next types of companies to benefit from this. >> you are absolutely right, the money is being spent for chips in future will be spent to the data centers in that was out of the hardware into the networking

but the real money that is being spent inside of companies and software companies and of course user companies like walmart work were, that's where we will see the results. you look at walmart, they use dynamic pricing and the ability to change the way they do logistics use a.i. and put that into use. if you look at who were taken to a wide batch which a driver adds more rise and more fares per ride in the actually joys of profitability. the companies that are starting to use a.i. will be the next way that you will want to bed and like a walmart or costco or cooper putting into used to get the other piece when we start looking at the software companies that will benefit from all of this investment just like we did on the internet we have the infrastructure, we finally put in the computing and the hardware are building out in the software companies that meet the most, the sass companies that took advantage of the revo revolution. there will be a.i. companies that will take advantage of that and they might not be the st. paul companies that we know today. jack: how do you think the a.i. race between the u.s. and china will develop.

the u.s. has nvidia the top chip designer and china claims taiwan has its own anti-one has taiwan semi that's the best chip manufacturer. who really holds the power here and where does it go? >> is going to come on two fronts, one is a chip technology and tsmc is probably the top of the world because they can get it down to the smallest chips the most dense that need to get out the door, china would love to claim taiwan in taiwanese is going to tell you that might not happen but the real story is not that the real story there might be another set of chip technologies as every single one of them back seven his pain nvidia the money to be able to get into a.i. everyone is trying to develop their own chips. the companies that can actually make it like the amazon reinvent conference they have been building their own chips and imperium to get the new chips out the door. jack: with 30 seconds and they recently wrote from day m&a rebound, tell me about the.

>> they are lining up because alina con antitrust was held up, the old point of antitrust is to protect the consumer we end up with no m&a and ipo which means innovation never got to the market, the banks are gearing up like crazy m&a pipelines can be hot and ipo like strike, by dance will be data brics are going to be out the door. jack: thank you ray wang. high profile companies are losing ceos that were meant to turn them around. can anyone fix up these iconic brands. it is now the time to buy or sell? ♪

when a tough cough finds you on the go, a syrup would be... silly! woo! hey! try new robitussin soft chews. packed with the power of robitussin... in every bite. easy to take cough relief, anywhere. chew on relief, chew on a ♪ robitussin ♪ ♪ [music] i could unlock my front door ♪ ♪ while i dine in baltimore ♪ ♪ no lock box to explain ♪ ♪ ♪ at 9:00 the doors would lock up ♪ ♪ save me from forgetful slip-ups ♪ ♪ if my home just had a brain ♪ 's ♪ ♪ when my in-law comes a-knockin' ♪ ♪ i can open, maybe lock it ♪ ♪ if my home just had a brain ♪ hey, get your head in the game, son. the scout from football college is up in the stands. maybe i'd rather go to school for insurance. i didn't raise no insurance man. but you did, dad. football's your passion. but mine is providing around-the-clock protection to progressive customers who bundle home and auto.

jamie, we need you out here for football. you're giving up on your dream, james. no, dad. i'm giving up on yours. no, james, wait! oh, that's not the exit.

♪ ♪ with so much great entertainment out there... wouldn't it be easier if you could find what you want, all in one place? my favorites. get xfinity streamsaver with netflix, apple tv+, and peacock included, for only $15 a month. >> in 2024 mini roaring stock market gains and high profile

company turnaround sales intel, stellantis, boeing, cvs, all taking a after high-profile ceo departures. we are taking a look at the ugliest turnaround attempts from this year. i wrote recently that intel's ugliest turnaround attempted to thousand 24. it is losing sharing key markets, hemorrhaging cash on factor investments. i don't see an easy fix insight but i want to hear about your pics, you can choose from the companies i mentioned or anywhere, what is the ugliest turnaround attempted to thousand 24. >> i think intel has some issues. i think you're right on that. if i were to pick i would go with cvs. i think the potential for societal harm is really the big issue for me, this is a big healthcare company they have exposure in the pharmacies all over the country but also things cvs caremark, they have the wonderful program where it's at

now for everyone, health insurance don't we all love it. none of these are doing particularly well, the ceo departed, i think these are huge systemic problems that are going to take a very long time to fix and in the meantime, you have americans that are really struggling to get access to really affordable healthcare all over this country. >> you talk about the retail is asian of healthcare i don't see happening maybe the flu shots but i don't see medical procedures happening for cvs. al, your pick. >> two years in the minors filling to sam but we know that with blowing. 2024 was supposed to be the year of alternative profit, make warplanes finally and it sounds almost pejorative or like a joke but they can keep the doors on. it'll be another year of losses, management turnover, the ceo left and people leaving in the defense business at 52 day strike it's been as bad as bad as you can think. jack: there's no other way to get a lot of people from here in the long distance, there's two companies that provide jumbo to the world, when, what are you

looking for the sign to buy. >> 38737 max just a month, that's what they're allowed to make by the regulators, they're not making anywhere close to that. when they start to approach 38 a month. >> how close. >> after the strike were about 25 a month to date. when they get closer you could say quality is improving, new ceo kelly warburg some of the changes are in effect. jack: you also mentioned stellantis, the carmaker. i have a lot of questions about stellantis including his pain over $100,000 for a jeep wagon and, when did it go over $100,000 for their struggling to sell in north america whether they have to do different? >> this goes into the category of a good old-fashioned management mess up. they jammed inventory in their dealer network, they declared buffer profits in 2023, the bill came due in 24, the ceo is now, things are terrible, this is not a good one either.

jack: go ahead. >> i'm looking at nike i know it was on your list but this is a company i was growing up this is the shoe company, that was that way for the very long time. not anymore. the company, you go out and you don't really see the nikes you see hokah or on or kid wearing crocs with socks in the middle of the winter is all very odd. crocs with socks that the dr. seuss book. >> part of the problem nike has lost its way. nike used to be aspirational used to be i want to be like mike, it's just do it, these days that's not what nike is able commercial that shows people getting dunked on, beat up, slammed to the mat and it tells us that winning is not for everyone but it's like most of us are going to be winning, who is supposed to buy the shoes, you know what's not winning is nike stock down 27% this year end down 21% a year over the past three years, the ceo is out

they brought back elliott hill who did a great job before he left in 2020 to get the top job. we will see. jack: may be nike shoes are not for you loser. the stock is not cheap enough to buy? these things take time, we have to see how hill does. the thing to get the stock we we sell china pickup, that would help a little bit give a little bit of a tailwind but they gotta get the product changed. jack: tell me something positive in a turnaround that is working. >> i like paypal is a company that everyone that is saying don't touch this is going away is obsolete, is not quite obsolete as finding new ways to reach customers and new services and at the beginning of a turnaround with the ceo seems to be doing a good job and so is. >> don't forget about ge, that could be a message on how long these things take, they read to cover in 2018, now the stock is again.

jack: you think the stock is upside looks attractive price. >> about ge aerospace and manova, two of the companies that spun out. >> two separate stocks double the fun. meghan and now have a pair of investment ideas and been meaning into your favorite 90s fashion is paying out for one company. stay rightnts)ishe there. ferent. (other money manager) you can't be that different. (fisher investments) we are. we have a team of specialists not only in investing, but also in financial and estate planning and more. (other money manager) your clients rely on you for all that? (fisher investments) yes. and as a fiduciary, we always put their interests first. (other money manager) but you still sell commission- based products, right? (fisher investments) no. we have a simple management fee structured so we do better when our clients do better. (other money manager) huh, we're more different than i thought! (fisher investments) at fisher investments, we're clearly different. ♪ i have type 2 diabetes, but i manage it well. ♪ ♪ it's a little pill with a big story to tell. ♪ ♪ i take once-daily jardiance... ♪ ♪ ...at each day's start. ♪ ♪ as time went on, it was easy to see. ♪

♪ i'm lowering my a1c! ♪ and for adults with type 2 diabetes... ...and known heart disease, jardiance can lower the risk of cardiovascular death, too. serious side effects include increased ketones in blood or urine, which can be fatal. stop jardiance and call your doctor right away if you have nausea, vomiting, stomach pain, tiredness, trouble breathing, or increased ketones. jardiance may cause dehydration that can suddenly worsen kidney function and make you feel dizzy, lightheaded, or weak upon standing. genital yeast infections in men and women, urinary tract infections, low blood sugar, or a rare, life threatening bacterial infection between and around the anus and genitals can occur. call your doctor right away if you have fever or feel weak or tired and pain, tenderness, swelling or redness in the genital area. don't use if allergic to jardiance. stop use if you have a serious allergic reaction. call your doctor if you have rash, swelling, difficulty breathing, or swallowing. you may have increased risk for lower limb loss. call your doctor right away if you have new pain or tenderness, sores, ulcers or infection in your legs or feet. ♪ jardiance is really swell... ♪ ♪ ...the little pill with a big story to tell. ♪

(♪) (♪) what took you so long? i'm sorry, there was a long line at the thai place. you get the sauce i like?

of course! you're the man! i wish. the future isn't scary. not investing in it is. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com the one being khakis are back, i have questions when did they leave because some of them have been wearing them all along. what about the fact guys for hidden elastic i'm asking for a friend read which company is benefiting? [laughter] you shouldn't laugh that hard. nothing to do with me, go ahead.

>> the gap is benefiting is not just catechesis other fashions and their going out of style a long time ago like flannel shirts and ripped jeans and all this other kind of stuff. jack: stand up so we know khakis are back, give us some proof. >> nikes as well. >> are those crops with socks what is he got. >> banana republic or gap has all the brands that are falling on hard times for a while, the gap, banana republic and old navy was only reason you wanted to own the gap stock but now they haven't done so well. he's really turned himself around under the new ceo, the gap is doing fashion the people want zach a fashion designer brought a little bit excitement back to it, old navy is a providing food and expensive close to families and even banana republic is make some changes in sit better the past: when nobody had to dress for work was a good thing. >> is is so good in the stock. >> it looks okay, the stock is been down for very long time

it's really never gotten that close to 2014 highs rooted bounce back quite a bit about 25% but it does look like there is more upside as long as the ceo is actually bringing about more efficiency to the company spending less and focusing on what ran this best. jack: meghan give us a stock. >> i'm going to take it out of the shopping mall and talk about a luxury space. i am picking ferrari, is an interesting company, the shares of the italian automaker up a lot over the course of this year end especially to the competitors. it definitely has a limited exposure to china, that is good news. the biggest most exciting thing coming out of this company, they have a nearly i'm sorry excuse me, for million-dollar car coming in this is going to be a big deal for them. >> is a coupler situation. i would like to take the fries from mcdonald's and put in the door handle my door fries. >> i think people would absolutely love that.

>> will people pay for million-dollar scorecard. >> crazy. >> fashion model out give us a stock. >> something nobody's ever heard of, a company called microsoft, people think they've done so well, it trades at 32 times 2025 earnings estimate but lagged like amazon and google. one of the reasons the cloud growth has stalled but the growth is not stalled, the capacity constrained, the having trouble build the servers, people expect the growth to pick up can see some of the gap closed with amazon, microsoft or the next few months looks like a really good pick. jack: great ideas, thank you. to read more check out this week's editions of barron's.com, that is all for us, see you next ♪- ♪ whatcha gonna do -♪ when the sheriff john brown come for you? ♪ -stop! now! stop! -(clattering) -heads up!