Final Trades: FTAI Aviation, Ethan Allen, Teradyne and the QQQ
Speakers
Summary
- Jenny recommends Ethan Allen, citing a 7% dividend yield, 12 times earnings, and no debt, with the claim that it benefits from Restoration Hardware's struggles.
- Liz Thomas is bullish on QQQ, noting significant multiple compression since October highs but continuing earnings growth, expecting prices to rise as multiples re-expand.
- Joe T starts to discuss high CAPEX in the semiconductor industry, suggesting potential investment themes, but the thought is incomplete in the transcript.
- The market is off its highs, and if momentum continues, certain assets are positioned as prime beneficiaries, though this is vaguely referenced.
- Ethan Allen is framed as gaining competitive advantage from pain at Restoration Hardware, implying market share capture.
- For QQQ, multiple compression has been considerable, but earnings are upward, and recent days show slight multiple expansion.
- The focus is on stocks to watch for the second half of the year, per video description.
- No explicit mentions of FTAI Aviation or Teradyne appear in this transcript snippet.
Trade Ideas
Jenny explicitly stated that Ethan Allen has a 7% dividend yield, trades at 12 times earnings, has no debt to some degree, and that "Restoration Hardware pain is their gain." The attractive valuation metrics (low P/E, high yield, strong balance sheet) combined with a competitive edge from a rival's struggles suggest potential for outperformance. LONG due to value characteristics and growth opportunity from capturing market share. If Restoration Hardware recovers or Ethan Allen's earnings decline, undermining the thesis.
Liz Thomas explicitly said QQQ has experienced multiple compression since October highs, but earnings continue to go up, and she thinks the dislocation closes by prices going up, with multiples already rising slightly recently. Earnings growth should drive price appreciation as the disconnect between compressed multiples and rising earnings corrects through multiple expansion. LONG based on fundamental earnings growth and anticipated re-rating. If earnings growth stalls or multiples compress further due to market conditions.
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This CNBC video, published April 01, 2026, features Jenny Harrington, Liz Young Thomas discussing ETD, QQQ. 2 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Jenny Harrington, Liz Young Thomas · Tickers: ETD, QQQ