AUTHORS

Chris Versace
With 30 years of cross-industry experience, Chris Versace brings his thematic investing lens to Action Alerts PLUS each day as lead portfolio manager. His daily insights, analysis, and recommendations provide the foundation for the Action Alerts PLUS portfolio.
Versace began his career in equity research before founding Versace Management in 2005. He joined TheStreet team in 2011 as a Real Money contributor before becoming portfolio manager of Action Alerts PLUS in 2021. He holds an MBA from Fordham Gabelli School of Business and has co-authored a book called “Cocktail Investing - Distilling Everyday Noise into Clear Investing Signals for Better Returns.”
With a passion for teaching others about investing, Versace spent 9 years as an Assistant Professor of Finance at NJCU School of Business. When he’s not contributing to TheStreet’s premium services, he can be found speaking at industry conferences or at a Bruce Springsteen concert (he’s seen him 50 times and counting!).
Recent Articles By The Author
U.S. Lifts Sanctions on 27 Chinese Firms
The U.S. has lifted restrictions on 27 Chinese companies ahead of a trip by Commerce Secretary Gina Raimondo to China later this month.
Christmas? Really
I share both sentiments in the below tweet when it comes to Costco . $COST, we love you but come on!! pic.twitter.com/4h5OR1JRlP — Mark Abssy (@AbssyMark) August 21, 2023
Another Win for the ETF Structure
Jeremy Grantham's GMO is hopping into the ETF industry in a first for the $59 billion investment firm. The proposed fund would be an actively-managed ETF with a focus on equities the company considers high quality, an application filed Monday with ...
Is Threads a Better Bet Than X?
Meta's (Twitter) X clone, better known as Threads, launched to much fanfare that has since subsided and now is starting to roll out on the web. Will Threads continue to get better? Probably. However, until it offers capabilities that are on par ...
Several Stocks of Interest
As we watch the market, stocks of interest include Clear Secure , ChargePoint , Morgan Stanley , Qualcomm , Skyworks , PepsiCo , as well as Presto Automation and FarFetch .
Jobs Revision
Brace yourselves. Job growth has largely been stronger than expected so far this year, but a new revision could shave up to 500,000 jobs off the total number of jobs created in March. The Bureau of Labor Statistics does this monkeying around once a...
Dick's Fumbles
Shares of Dick's Sporting Goods are down big in premarket trading after the company slashed its full year guidance and its rippling through the likes of Nike , Under Armour , Lululemon , Topgolf Callaway , and others. Over at Action Alerts PLUS we'...
Price Target Moves
Notable price target moves this morning... more likely before stocks start trading later today. Applied Materials : Daiwa Capital Markets raises target to $160 from $150, based on the company's better-than-expected third-quarter results. Over at Ac...
Worth Noting
As we navigate this morning's earnings reports, here are some other items worth noting: Charles Schwab is planning actions to streamline operations related to the integration of TD Ameritrade. These actions include plans to reduce its operating cos...
Macy's July Quarter
First Target , and now Macy's with its July quarter results that beat but the guidance was left wanting. * Macy's July quarter comparable sales down 8.2% on an owned basis and down 7.3% on an owned-plus-licensed basis. * July quarter Macy's compar...
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