[ad_1] CNBC’s Jim Cramer on Tuesday offered investors a list of utility stocks he believes should be on their shopping lists. “The utilities are a great place to hide when the economy’s deteriorating, but the best of them work even when the economy’s doing fine,” he said. Stocks notched their …
Read More »Jim Cramer’s Investing Club meeting Tuesday: CPI data, Eli Lilly
[ad_1] Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Exercise restraint on CPI data Trim P & G Wait to buy LLY 1. Exercise restraint on CPI data Stocks soared on Tuesday after …
Read More »Citi says Carvana could perform well in ‘more normalized’ environment, but near-term headwinds remain
[ad_1] Carvana could stand to regain some of its lost share value despite current headwinds and bankruptcy fears, according to Citi. Analyst Ronald Josey initiated coverage at neutral. He set a price target of $5.50, which reflects a 11.1% upside over Monday’s closing price. Josey said Carvana currently accounts for …
Read More »5 things to know before the stock market opens Tuesday, December 13
[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE), December 7, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Taking the economy’s temperature New inflation numbers are in, and while they’re still high, …
Read More »UBS downgrades Norwegian Cruise Line, says stock is less attractive after rally
[ad_1] Norwegian Cruise Line ‘s recent rally makes the risk-reward outlook less attractive, according to UBS. Analyst Robin Farley downgraded the stock to neutral from buy and cut her price target by $5 to $19. Her new price target reflects an upside of 22.9%. “We believe the risk/return is skewed …
Read More »I like Danaher over Philips
[ad_1] Novo Nordisk A/S: “Other than appreciation, I can not tell you a reason to ring the register.” Koninklijke Philips NV: “That’s just not a well-enough run company. We own Danaher for the Charitable Trust, and that’s the best-run company in the industry.” Icahn Enterprises LP: “I don’t really know …
Read More »Jim Cramer says three key deals helped the market rally on Monday
[ad_1] CNBC’s Jim Cramer said that three corporate deals announced on Monday helped push stocks up. “Mergers matter. When companies start buying each other at a big premium to what the market’s willing to pay, it tells you that stocks entirely, the whole market, may just be too cheap,” he …
Read More »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 …
Read More »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% …
Read More »Jim Cramer’s Investing Club meeting Monday: Stocks rise, watching oil
[ad_1] Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Stocks start the week up Watching oil Sticking with DIS 1. Stocks start the week up Stocks rose Monday ahead of the release of …
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