[ad_1] DraftKings Inc: “I feel safer in my DraftKings than I do in a crypto. That said, gambling, not yet, but that stock is very inexpensive.” Oxford Lane Capital Corporation: “They own these collateralized loan obligations, which is always the stuff people really worry about going into a recession, so …
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[ad_1] CNBC’s Jim Cramer on Monday offered investors two stocks they should consider adding to their portfolios. Stocks in the materials sector tend to be highly cyclical, meaning they could get hammered if the Federal Reserve’s interest rate hikes tip the economy into a recession, he explained. And while it’s …
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[ad_1] CNBC’s Jim Cramer on Monday brought back his mantra from earlier in the year, when the Federal Reserve was still ramping up its aggressive interest rate hike campaign: Trust Chair Jerome Powell to get the job done. “He’s one of the best central bankers in the world and he’s …
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[ad_1] CNBC’s Jim Cramer on Monday said there could be an opportunity to buy stocks ahead of a possible rally. “The charts, as interpreted by Larry Williams, suggest that Christmas is not going to be canceled for Wall Street — he thinks we still have a Santa Claus rally coming, …
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[ad_1] Visitors learn about a Tesla model S at the auto exhibition area of the 5th China International Import Expo in Shanghai, China, November 7, 2022. CFOTO | Future Publishing | Getty Images Check out the companies making the biggest moves midday Monday: Disney — Disney fell 3.6% after its …
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[ad_1] Elon Musk’s handling of Twitter is damaging sentiment around Tesla , according to Oppenheimer. Analyst Colin Rusch downgraded shares of Tesla to perform from outperform, saying he can no longer separate coverage of the electric vehicle maker from Musk ‘s controversial management of the social media platform. “While we …
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[ad_1] Shares of Warner Music Group could jump more than 20% from current levels, according to Atlantic Equities. Media analyst Hamilton Faber upgraded WMG to overweight, saying a recent analysis of the global music streaming market showed strong growth ahead for Warner, one of the “big three” music companies along …
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[ad_1] There’s trouble ahead for AT & T as it competes with Verizon , according to MoffettNathanson. Analyst Craig Moffett downgraded AT & T to underperform from market perform, saying it’s time to sell the stock ahead of 2023 after its outperformance this year. Shares of AT & T are …
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[ad_1] Check out the companies making headlines before the bell: Aerojet Rocketdyne (AJRD) – Aerojet Rocketdyne agreed to be bought by rival defense contractor L3Harris Technologies (LHX) for $4.7 billion, or $58 per share in cash. Aerojet Rocketdyne rose 2% in the premarket, while L3Harris fell 1.7%. Tesla (TSLA) – …
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[ad_1] A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 14, 2022. Andrew Kelly | Reuters Here are the most important news items that investors need to start their trading day: 1. Holiday blues U.S. stock markets are on …
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