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
EV Charging Standards
Mark your calendars once again! Next week the Biden administration plans to outline final rules for EV charging standards.
Charting the Supply Chain
Speaking of charts... This one from YCharts shows much of the supply chain issues we've heard and read about look to be behind us. Not fresh news, but good confirmation, nonetheless. View Chart » View in New Window »
Rein in Elon Musk?
Now this could get colorful. Ross Gerber, CEO of investment firm Gerber Kawasaki, confirmed his intentions during a Twitter Spaces that he will pursue Tesla first as an activist board member and with the goal of reining in CEO Elon Musk. Said he:...
Tweet of the Day
With the Super Bowl on Sunday, here's some pretty interest data: Fun Fact - when the Eagles won the Super Bowl 5 years ago the Dow sold off 1000 points that Monday. On the Thursday of the parade the Dow fell another 1100 points. So, if you’re bettin...
Run, Don't Walk
Normally around this time when I have the Diary wheel, I share some lunch time reading, but this time around I'm going to borrow something from Doug to say: Run, don't walk over to Action Alerts PLUS and watch the conversation with Helene Meisler i...
Mastercard's January SpendingPulse
What does Mastercard's January SpendingPulse have to say? "According to Mastercard SpendingPulse™, which measures in-store and online retail sales across all forms of payment, U.S. retail sales excluding automotive were up +8.8% year-over-year in J...
What an earnings report and conference call for Motorola Solutions . Talk about positive confirmation for public safety spending and reaffirmation for the shares of Axon Enterprises ... we've made more than one move today over at Action Alerts PLUS.
Sticky Price Hikes
Walmart is warning some suppliers that it can no longer handle price increases. That follows PepsiCo saying that it's done boosting prices. Now let's see how sticky the next round of price hikes are from Nestle , PG and Unilever .
The Battle for Buy Now Pay Later
From PayPal's earnings conference call last night: "... our Buy Now Pay Later service is driving significant lifts in checkout and incremental TPV, and it's now one of the most popular Buy Now Pay Later services in the world. With almost 200 millio...
AI Musical Chairs
And the game of AI musical chairs continues with yet another company tossing its hat in the ring. This time China e-commerce company JD.com plans to launch a ChatGPT-style product dubbed ChatJD, focusing on retail and finance. Still not sure how th...