Ed Yardeni 7.2 24 ideas
President, Yardeni Research
Avg Return
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23 thesis opens · 22 long · 1 short
Best Performer
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Worst Performer
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| # | Ticker | Name | Stance | Conv | Entry | P&L YTD | Theme | Thesis | Mentioned | Src |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | AIQ | Global X Funds Global X Arti | LONG | MED | $53.66 | AI/Semi | AI stocks corrected and are leading the market again; AI is here to stay, with big compani… | Apr 16 | YOUTUBE | |
| 2 | EEM | iShares MSCI Emerging Market | LONG | MED | $62.50 | Macro | Emerging markets have opportunities due to large and growing middle classes that drive dom… | Apr 16 | YOUTUBE | |
| 3 | MAGS | Roundhill Magnificent Seven | LONG | HIGH | $65.31 | Macro | A.I. is a lasting technological trend, and large companies involved in A.I., such as the M… | Apr 16 | YOUTUBE | |
| 4 | KURE | KraneShares MSCI All China H | LONG | MED | $18.07 | Healthcare | Health care sector in emerging markets, particularly in China, has strong growth potential… | Apr 16 | YOUTUBE | |
| 5 | EWT | iShares MSCI Taiwan ETF | LONG | MED | $80.21 | Macro | He is staying with the 'go global' trade, noting that markets like South Korea and Taiwan … | Apr 14 | YOUTUBE | |
| 6 | WTI | West Texas Intermediate Crud | LONG | HIGH | $133.60 | Energy | Due to the blockade of the Strait of Hormuz, tankers that used to go to the Arabian Gulf a… | Apr 13 | YOUTUBE | |
| 7 | XLK | Technology Select Sector SPD | LONG | — | $135.92 | AI/Semi | States the tech comeback "absolutely" has legs and that tech got "relatively cheap again."… | Apr 02 | YOUTUBE | |
| 8 | EMXC | iShares MSCI Emerging Market | LONG | — | $79.69 | Macro | Emerging markets excluding China offer lower valuations and contain growing middle classes… | Mar 25 | YOUTUBE | |
| 9 | QQQ | Invesco QQQ Trust | LONG | — | $593.13 | Macro | Recommended underweighting the Magnificent 7 in early December when they traded at a 31x P… | Mar 18 | YOUTUBE | |
| 10 | SPY | SPDR S&P 500 ETF Trust | LONG | — | $686.38 | Macro | "Geopolitical crises present buying opportunities... stay invested in the stock market." H… | Mar 02 | YOUTUBE | |
| 11 | VTI | Vanguard Total Stock Market | LONG | — | $339.12 | Macro | "Geopolitical crises present buying opportunities... stay invested in the stock market." H… | Mar 02 | YOUTUBE | |
| 12 | GLD | SPDR Gold Shares | LONG | — | $490.00 | Macro | "Have some gold in your portfolio." Despite his bullishness on stocks and dismissal of the… | Mar 02 | YOUTUBE | |
| 13 | USO | United States Oil Fund | SHORT | — | $87.19 | Energy | Yardeni states, "If this thing gets resolved fairly rapidly, as I expect, the straits will… | Mar 02 | YOUTUBE | |
| 14 | XLE | Energy Select Sector SPDR Fu | LONG | — | $55.05 | Energy | Yardeni asks, "Why not go with the flow and go into Energy, Materials, Consumer Staples. T… | Feb 26 | YOUTUBE | |
| 15 | XLF | Financial Select Sector SPDR | LONG | — | $52.50 | Fintech | He notes Financials have been "beaten down of late because of the AI fears" but cites Jami… | Feb 26 | YOUTUBE | |
| 16 | XLP | Consumer Staples Select SPDR | LONG | — | $88.86 | Consumer | Yardeni asks, "Why not go with the flow and go into Energy, Materials, Consumer Staples. T… | Feb 26 | YOUTUBE | |
| 17 | EWY | iShares MSCI South Korea ETF | LONG | — | $150.41 | Macro | Alongside underweighting US Tech, Yardeni recommended "going global instead of staying hom… | Feb 26 | YOUTUBE | |
| 18 | XLB | Materials Select Sector SPDR | LONG | — | $53.00 | Other | Yardeni asks, "Why not go with the flow and go into Energy, Materials, Consumer Staples. T… | Feb 26 | YOUTUBE | |
| 19 | JPM | JPMorgan Chase & Co. | LONG | — | $306.13 | Fintech | He notes Financials have been "beaten down of late because of the AI fears" but cites Jami… | Feb 26 | YOUTUBE | |
| 20 | EFA | iShares MSCI EAFE ETF | LONG | — | $105.57 | Macro | "We have seen this beginnings of a great rotation into foreign markets." As investors pull… | Feb 26 | YOUTUBE | |
| 21 | RSP | Invesco S&P 500 Equal Weight | LONG | — | $204.73 | Macro | Yardeni observes a "great rotation into sectors of the S&P 500 that certainly lagged behin… | Feb 26 | YOUTUBE | |
| 22 | TLT | iShares 20+ Year Treasury Bo | LONG | — | $88.06 | Macro | Yardeni observes that despite the stock market rising, bond yields are holding steady (aro… | Feb 11 | YOUTUBE | |
| 23 | BTC | Bitcoin | LONG | — | $70308.70 | Crypto | Yardeni observes that "Happy days are here again" and investors are buying everything, spe… | Feb 06 | YOUTUBE |
Best and worst calls
Best calls
XLE LONG
+12.6%
Yardeni asks, "Why not go with the flow and go into Energy, Materials, Consumer Staples. Those have all done well." Give...
Feb 26
QQQ LONG
+9.4%
Recommended underweighting the Magnificent 7 in early December when they traded at a 31x P/E multiple. Has now moved bac...
Mar 18
GOLD LONG
+4.6%
Yardeni observes that "Happy days are here again" and investors are buying everything, specifically highlighting Gold an...
Feb 06
Worst calls
USO SHORT
-42.3%
Yardeni states, "If this thing gets resolved fairly rapidly, as I expect, the straits will be open and the price of oil ...
Mar 02
EWY LONG
-22.6%
Alongside underweighting US Tech, Yardeni recommended "going global instead of staying home" and the host notes his spec...
Feb 26
EFA LONG
-10.9%
"We have seen this beginnings of a great rotation into foreign markets." As investors pull money from expensive US tech ...
Feb 26
Emerging markets offer growth from middle-class demand.
Emerging markets have opportunities due to large and growing middle classes that drive domestic consumer demand, healthcare demand, and industrial development, moving beyond commodity dependence.
President, Yardeni Research
AI stocks will continue to lead and profit.
AI stocks corrected and are leading the market again; AI is here to stay, with big companies likely to be survivors and generate profits, potentially acquiring smaller rebranded companies.
President, Yardeni Research
Health care in EMs has growth potential.
Health care sector in emerging markets, particularly in China, has strong growth potential due to aging populations and increasing domestic demand for medical services and drugs.
President, Yardeni Research
A.I. stocks will continue to lead.
A.I. is a lasting technological trend, and large companies involved in A.I., such as the Magnificent Seven, are likely to be survivors and profit leaders, making A.I. stocks attractive.
President, Yardeni Research
Bullish on global equities, especially Korea and Taiwan.
He is staying with the 'go global' trade, noting that markets like South Korea and Taiwan have had V-shaped recoveries and that global equities are back in fashion, expecting continued outperformance.
President, Yardeni Research
US oil exports to rise, boosting oil industry.
Due to the blockade of the Strait of Hormuz, tankers that used to go to the Arabian Gulf are now coming to the United States for oil, causing West Texas Intermediate (WTI) crude to jump above Brent crude. This trend is expected to lead to a substantial increase in U.S. oil exports over the next year or so, which would be a positive for the U.S. oil industry.
President, Yardeni Research
States the tech comeback "absolutely" has legs and that tech got "relatively cheap again." Cites the P/E multiple falling from ~31 to 25, even hitting 22. The significant de-rating in valuation (P/E compression) after his prior call to underweight the sector (on Dec 7) has created a more attractive entry point. The valuation reset provides a foundation for renewed outperformance in the technology sector. A broader market sell-off that leads to further multiple compression beyond recent lows.
XLK
CNBC
Apr 02, 20:03
President, Yardeni Research
Emerging markets excluding China offer lower valuations and contain growing middle classes with strong aspirations for higher living standards. These demographic and valuation dynamics provide a more favorable growth and return profile compared to the US and China. Long emerging markets ex-China as a core component of a global diversification and value-seeking strategy. Geopolitical events or a materially stronger US dollar could pressure emerging market currencies and asset prices.
EMXC
Wealthion
Mar 25, 20:00
President, Yardeni Research
Recommended underweighting the Magnificent 7 in early December when they traded at a 31x P/E multiple. Has now moved back to a market weight position as the multiple has fallen to 25x. The significant derating (from 31x to 25x) makes these "phenomenal growth companies" more attractive on a valuation basis within the context of his resilient earnings and economic outlook. The valuation reset presents a more favorable entry point for these core growth leaders. A recession that leads to both lower earnings (E) and a lower valuation multiple (P/E), resulting in a bear market.
QQQ
Wealthion
Mar 18, 21:00
President, Yardeni Research
"Have some gold in your portfolio." Despite his bullishness on stocks and dismissal of the war threat, he advocates for gold as a permanent diversifier, likely due to the "sticky inflation" he mentioned regarding the PPI (Producer Price Index). LONG gold as a portfolio hedge. Real interest rates rising significantly, which increases the opportunity cost of holding non-yielding assets like gold.
GLD
Bloomberg Markets
Mar 02, 21:40
President, Yardeni Research
"Geopolitical crises present buying opportunities... stay invested in the stock market." He adds that the market is looking forward to "increased stability in the Middle East" and potentially more Abraham Accords. The market has already "bought the dip." The thesis is that the conflict is a short-term noise event, not a 1970s-style structural shock. Therefore, broad equity exposure captures the relief rally as stability returns. LONG broad equities. A wider regional war drawing in major superpowers, causing a sustained market sell-off.
VTI
Bloomberg Markets
Mar 02, 21:40
President, Yardeni Research
Yardeni states, "If this thing gets resolved fairly rapidly, as I expect, the straits will be open and the price of oil will come down rather rapidly." He notes the Iranian Navy is "already sunk." The current oil price likely includes a "war premium" based on fears of a Strait of Hormuz closure. If the naval threat is removed and shipping normalizes, that premium evaporates immediately. SHORT oil exposure (via USO) to capture the downside mean reversion as geopolitical fear subsides. Escalation involving ground troops or hidden Iranian missile capabilities that successfully close the Strait for a prolonged period.
USO
Bloomberg Markets
Mar 02, 21:40
President, Yardeni Research
Yardeni asks, "Why not go with the flow and go into Energy, Materials, Consumer Staples. Those have all done well." Given the uncertainty of how the AI trade plays out ("there's a lot we don't know"), investors should seek safety in sectors that are currently performing well and offer defensive or inflation-hedging characteristics. LONG. A recession could hurt cyclical sectors like Energy and Materials; Staples may be sensitive to rates.
President, Yardeni Research
Alongside underweighting US Tech, Yardeni recommended "going global instead of staying home" and the host notes his specific calls on "Korea." This is the other side of the Mag-7 rotation trade. As US tech valuations become stretched and competitive, capital flows should move to overseas markets which offer better value and are in earlier stages of their cycle. LONG. Global economic slowdown or strong US dollar headwinds.
EWY
CNBC
Feb 26, 22:08
President, Yardeni Research