Ritholtz Launches Concentrated Investment Portfolio Porterhouse
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 hours ago
0mins
Source: CNBC
- Portfolio Innovation: Ritholtz Wealth Management has launched the Porterhouse portfolio, designed to capture the best market opportunities through a rules-based momentum strategy that emphasizes strong earnings growth and persistent share price strength, catering to clients seeking selective investments.
- Market Adaptability: The strategy does not rely on predicting market themes but leverages the collective judgment of investors, with Brown noting that market wisdom makes momentum strategies effective, capturing less obvious beneficiaries like Ciena, which has seen its stock soar over 140% in 2026 due to AI infrastructure buildout.
- Flexible Account Structure: As a separately managed account, Porterhouse offers flexibility not available in many momentum ETFs, allowing it to hold cash when stocks violate sell rules, thus avoiding holding declining stocks and protecting investor capital.
- Client Availability: Porterhouse will be available to qualified Ritholtz clients starting June 1, marking a significant step in the company's effort to provide more selective investment strategies and further solidifying its leadership in the wealth management sector.
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Analyst Views on CIEN
Wall Street analysts forecast CIEN stock price to fall
14 Analyst Rating
9 Buy
5 Hold
0 Sell
Moderate Buy
Current: 570.180
Low
190.00
Averages
253.50
High
305.00
Current: 570.180
Low
190.00
Averages
253.50
High
305.00
About CIEN
Ciena Corporation is a network system, software, and services company which provides hardware, software, and services to a range of network operators and enables enhanced network capacity, service delivery, and automation. Its segments include Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. Networking Platforms segment consists of Optical Networking and Routing and Switching portfolios. Platform Software and Services which provides domain control management, analytics, data and planning tools and applications to assist customers in managing their networks. Blue Planet Automation Software and Services includes inventory management (BPI), multi-domain service orchestration, multi-cloud orchestration, route optimization and analysis (ROA), and unified assurance and analytics (UAA). Global Services segment offers a suite of value-added services that help its customers to build, operate and improve their networks.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Ritholtz Launches Concentrated Investment Portfolio Porterhouse
- Portfolio Innovation: Ritholtz Wealth Management has launched the Porterhouse portfolio, designed to capture the best market opportunities through a rules-based momentum strategy that emphasizes strong earnings growth and persistent share price strength, catering to clients seeking selective investments.
- Market Adaptability: The strategy does not rely on predicting market themes but leverages the collective judgment of investors, with Brown noting that market wisdom makes momentum strategies effective, capturing less obvious beneficiaries like Ciena, which has seen its stock soar over 140% in 2026 due to AI infrastructure buildout.
- Flexible Account Structure: As a separately managed account, Porterhouse offers flexibility not available in many momentum ETFs, allowing it to hold cash when stocks violate sell rules, thus avoiding holding declining stocks and protecting investor capital.
- Client Availability: Porterhouse will be available to qualified Ritholtz clients starting June 1, marking a significant step in the company's effort to provide more selective investment strategies and further solidifying its leadership in the wealth management sector.
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- Price Target Increases: Reflecting strong participation in optical infrastructure buildout, Bank of America raised Cisco's price target from $114 to $135 and Ciena's from $550 to $660, showcasing an optimistic outlook for future performance.
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Ritholtz Launches Concentrated Investment Portfolio Porterhouse
- Portfolio Innovation: Ritholtz Wealth Management has launched the Porterhouse portfolio, designed to capture the best market opportunities through a rules-based momentum strategy that emphasizes strong earnings growth and persistent share price strength, catering to clients seeking selective investments.
- Market Adaptability: The strategy does not rely on predicting market themes but leverages the collective judgment of investors, with Brown noting that market wisdom makes momentum strategies effective, capturing less obvious beneficiaries like Ciena, which has seen its stock soar over 140% in 2026 due to AI infrastructure buildout.
- Flexible Account Structure: As a separately managed account, Porterhouse offers flexibility not available in many momentum ETFs, allowing it to hold cash when stocks violate sell rules, thus avoiding holding declining stocks and protecting investor capital.
- Client Availability: Porterhouse will be available to qualified Ritholtz clients starting June 1, marking a significant step in the company's effort to provide more selective investment strategies and further solidifying its leadership in the wealth management sector.
See More
Dell Technologies Poised to Dominate Computer Market
- Dell's Impressive Earnings: Dell Technologies' latest earnings report is described as a 'blowout,' indicating strong market demand that could signify its dominance in the computer space, further fueling enthusiasm around data center trades.
- Nvidia's Challenges: While tech stocks have performed well, Nvidia has emerged as a notable laggard, with expectations that CEO Jensen Huang's upcoming keynote at Computex in Taiwan could introduce new products and potentially shift this trend.
- Market Dynamics to Watch: Next week, Merck will review its cancer portfolio, while Palo Alto Networks and Ulta are set to report earnings; Cramer anticipates that these companies may be influenced by AI-driven market changes, particularly in cybersecurity.
- Employment Data Impact: The Labor Department's jobs report on Friday will shape expectations for interest rate cuts, with Cramer noting that the data needs to be weak enough to justify a rate cut from the Federal Reserve, which could influence investor decisions.
See More
Dell Technologies Earnings Ignite AI Enthusiasm
- Dell's Blockbuster Earnings: Dell Technologies' recent earnings report is described as a 'blowout,' reigniting enthusiasm for AI and data center stocks, and potentially marking a pivotal moment for its dominance in the computer space.
- Nvidia's Lagging Performance: Despite the strong performance of tech stocks, Nvidia has emerged as a laggard, with Cramer suggesting that next week's Computex keynote by CEO Jensen Huang could provide crucial updates that may shift this trend.
- Upcoming Earnings Reports: A series of earnings reports from companies like Palo Alto and Broadcom next week are expected to offer significant insights for investors, particularly regarding the rising AI-driven cybersecurity threats that could impact results.
- Lululemon's Reset Quarter: Cramer cautions that Lululemon may face a challenging 'reset quarter,' advising investors to be cautious ahead of the earnings report to mitigate potential losses.
See More
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- Price Range Analysis: The SPHB ETF's 52-week low is $86.75 per share, with a high of $147.29, and a recent trading price of $146.51, indicating stability near its peak, which may attract investor interest in its price movements.
- Technical Analysis Tool: Comparing the latest share price to the 200-day moving average can provide valuable insights for investors, helping to assess market trends and potential buy or sell opportunities.
- ETF Unit Trading Mechanism: ETFs trade similarly to stocks, where investors are buying and selling 'units' that can be created or destroyed based on investor demand, impacting the ETF's liquidity and market performance.
- Inflows and Outflows Monitoring: Weekly monitoring of changes in shares outstanding for ETFs helps identify those experiencing significant inflows or outflows, allowing investors to capture market dynamics and investment opportunities in a timely manner.
See More
Surge in Options Volume for LULU and AMGN
- LULU Options Volume: As of now, LULU's options volume has reached 14,930 contracts, equivalent to approximately 1.5 million shares, representing 47% of its average daily trading volume of 3.2 million shares over the past month, indicating a significant increase in market interest.
- High-Frequency Contracts: Within LULU, the $150 strike call option has shown particularly high activity, with 2,116 contracts traded today, representing about 211,600 shares, reflecting strong investor expectations for future price increases.
- AMGN Options Activity: Concurrently, AMGN's options volume stands at 12,758 contracts, approximately 1.3 million shares, accounting for 45.7% of its average daily trading volume of 2.8 million shares over the past month, showcasing the stock's market activity.
- Key Contract Analysis: For AMGN, the $440 strike call option has been notably active, with 8,267 contracts traded today, representing around 826,700 shares, indicating optimistic sentiment among investors regarding the stock's future performance.
See More
Bank of America Raises Price Targets for Ciena and Cisco Amid Optical Networking Growth
- Strong Optical Demand: Analyst Tal Liani from Bank of America highlighted that Cisco's Acacia orders exceeded $1 billion in Q3 2023, with AI-related optics demand growing nearly fourfold to approximately $950 million, indicating resilience and ongoing growth potential in the optical networking market.
- Price Target Increases: Reflecting strong participation in optical infrastructure buildout, Bank of America raised Cisco's price target from $114 to $135 and Ciena's from $550 to $660, showcasing an optimistic outlook for future performance.
- Market Leadership: As the industry transitions from 400G to 800G pluggables, both Cisco and Ciena are positioned to maintain leading market shares within the rapidly growing optical cycle, further solidifying their competitive advantages in the sector.
- Buy Ratings Maintained: Bank of America maintains Buy ratings on both Ciena and Cisco, indicating analysts' positive sentiment regarding the long-term growth prospects of both companies in the optical networking space, expected to benefit from increasing hyperscale demand.
See More
