Fired up. TheStreet continues to pack its offices with America's biggest and best executives for all sorts of exclusive interviews. You are doing yourself a disservice if you aren't engaged with our site (and Youtube channel) throughout the day. I'm serious. Case in point: I sat down with Kraft Heinz (KHC) CEO and 3G Capital partner Bernardo Hees for an extensive (and exclusive -- for all you news junkies out there that love dropping this word to sound important) interview that will be hitting the web shortly. Journalists are supposed to be skeptical but I will tell you it's hard not to like Hees. He really loves what he does and I came away with the impression he and his data-driven team are up 24/7 trying to make Kraft Heinz an industry beast. There is no doubt in my mind Hees will make a massive acquisition within the next year. I have my thoughts on who that could be but don't want to get speculative here. There is also no doubt that the 3G Capital way of doing this is far superior to most players in the consumer products space, which have layers of management and costs that hurt execution.
How to Invest for 2020
It's Friday, so why not project some optimism? Shout out Goldman Sachs for the ray of daily sunshine. The white glove investment bank sees the S&P 500 rocketing to 3,100 from current levels, or 13%. A combination of cash rich-rich companies buying back their stock and healthy economic growth are the primary drivers of Goldman's call. Financials and industrial stocks are the sectors to play, Goldman said. Jim Cramer's Action Alerts Plus owns Goldman Sachs (GS) , JPMorgan & Chase (JPM) and Citigroup (C) , so these are the names you should check out first. What they are not factoring in: 15% consumer price inflation thanks to policies from the Trump administration and a slow-to-react Jerome Powell-led Federal Reserve. In other words, inflation in butter and bottled water will erode one's stock paper gains.
What's Hot Out There, and Who Is Not
Tiger Woods, who sunk a 71-foot putt on Thursday (see below) on his way to sit in seventh place on the first day of the Arnold Palmer Invitational. You heard it here first: Woods will capture his first win since 2013 this weekend -- the momentum he is building on the course is beyond apparent. Young guns get the hell out of the way. Hat tip to Monster Beverage (MNST) for signing Woods as a sponsor in 2016. Talk about buying low and selling high. According to new data from online betting site Paddy Power, Woods is now the favorite to win the Masters next month. Unfortunately, one of Woods long-time sponsors isn't ending the week on a hot note. Nike (NKE) reportedly has had complaints from employees on workplace behavior. Further, Nike said Thursday evening that No. 2 executive Trevor Edwards would leave the company immediately and retire in August.
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