[ad_1] CNBC’s Jim Cramer on Wednesday recommended a slate of consumer staple stocks for 2023. “I’m not entirely convinced that we’re headed for a recession next year, but we’re definitely looking [at] a meaningful slowdown, and that’s terrific for the consumer staples,” he said. The Fed raised interest rates by …
Read More »Investors bolting from after Fed speech are too hasty, Jim Cramer says
[ad_1] CNBC’s Jim Cramer on Wednesday said that investors exiting the market after Federal Reserve Chair Jerome Powell’s hawkish speech on Wednesday are acting too rashly. “I have no doubt there will be more people bolting from stocks tomorrow morning, believing they’ve been given a tremendous opportunity to get out …
Read More »Here’s what changed in December’s Federal Reserve statement
[ad_1] This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting on Nov. 2. Text removed from the November statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red …
Read More »SoFi Technologies, Charter Communications, Delta and more
[ad_1] Delta Airlines Embraer ERJ 170-200 flying above Los Angeles International Airport on Oct. 2, 2022 in Los Angeles, California. AaronP/Bauer-Griffin | Gc Images | Getty Images Check out the companies making the biggest moves midday: SoFi Technologies — The fintech stock jumped more than 7% after a filing showed …
Read More »This little-known biopharma stock has 60% upside potential, Goldman Sachs says
[ad_1] Investors should consider putting money in Xenon Pharmaceuticals , a biopharma stock poised to rally as Wall Street gains more clarity on its drug to treat epilepsy, Goldman Sachs says. Analyst Paul Choi initiated coverage of Xenon with a buy rating and a $60 price target, saying in a …
Read More »Delta, Tesla, Moderna and others
[ad_1] Check out the companies making headlines before the bell: Delta Air Lines (DAL) – Delta jumped 3.8% in the premarket after the airline raised its current quarter forecast and issued an upbeat 2023 outlook, citing robust travel demand. Tesla (TSLA) – Goldman Sachs cut its price target for Tesla …
Read More »I like J.M. Smucker over Church & Dwight
[ad_1] Church & Dwight Co Inc: “I’ve got to tell you, some of the other growth stocks in the same category I might as well [buy instead]. J.M. Smucker, that’s a very good company. I think it’s a little bit cheaper.” Jim Cramer’s Guide to Investing Click here to download Jim …
Read More »Charts suggest it’s time to buy the dips in oil, Jim Cramer says
[ad_1] CNBC’s Jim Cramer on Tuesday advised investors to put cash to work in oil now that the sell-off is largely over. “The charts, as interpreted by Carley Garner, suggest that the oil speculators have been mostly wiped out, so it’s time to buy the dips because she wouldn’t be …
Read More »Crypto and high wages need to crash for Fed to beat inflation
[ad_1] CNBC’s Jim Cramer on Tuesday outlined what needs to happen for the Federal Reserve to finally beat inflation after the monthly consumer price index report showed that prices rose less than expected in November. “Without a well-deserved crash in crypto and a sign of higher unemployment acknowledged by [Federal …
Read More »Constellation Energy and Sempra Energy are dependable utility stocks
[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 …
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