Business

Jim Cramer goes over the energy stock winners of 2022

[ad_1] CNBC’s Jim Cramer on Monday went over the top-performing energy stocks in the S&P 500 this year. “While energy was the only winning sector this year, all of these stocks have come down substantially from their highs thanks to the recent declines in oil and gas. I don’t see …

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Supreme Court upholds California ban on flavored tobacco

[ad_1] In this photo illustration, packs of menthol cigarettes sits on a table in New York City. Drew Angerer | Getty Images The Supreme Court on Monday rejected a bid from the tobacco industry to block a California ban on flavored tobacco products. The ban, or Proposition 31, was overwhelmingly …

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Horizon Therapeutics, Coupa Software, Weber and more

[ad_1] Check out the companies making headlines in midday trading. Horizon Therapeutics – Shares of the drugmaker jumped 15% after the company announced it has agreed to be acquired by Amgen in a deal valued at approximately $26.4 billion, or $116.50 per share, in cash. The deal will give Amgen a chance …

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This is Goldman Sachs’ favorite retail stock for 2023

[ad_1] Investors are carefully watching the retail sector going into 2023 for signs of a slowing economy and consumer weakness. Still, there are some stocks that are poised to gain even in an uncertain environment, according to Goldman Sachs. Overall, the firm expects real consumer spending to grow by 1.6% …

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