Chevron Corp
Biden tells oil companies in letter ‘well above normal’ refinery profit margins are ‘not acceptable’
President Joe Biden on Wednesday called on U.S. oil refining companies to produce more, saying they need to help alleviate the burden of high prices on consumers. “At a time of war – historically high refinery profit margins being passed directly onto American families are not acceptable,” the president said in a letter to oil […]
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Exxon Mobil hit an all-time high this week. Here’s what comes next for the energy colossus, according to analysts
Shares of Exxon Mobil reached new highs this week, but Wall Street analysts think the energy stock could remain around these same levels a year from now. Exxon on Wednesday closed at a new all-time high of $104.59, breaking above $100 this week for the first time since 2014. The stock is among the top […]
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The ‘dividend aristocrats’ are beating the market this year. Here’s how investors can take advantage
Struggling retailer Target announced a dividend hike Thursday, keeping its stock in an exclusive club that has proven to be a smart bet for investors this year. This marks 51 consecutive years when Target has increased its cash dividend payout, at an average of 12.65% per year, according to data from S & P Global. […]
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We’re changing our price targets on 8 stocks in the portfolio
The moves reflect recent earnings reports, comments from company executives, and general market multiple compression. Source
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Target and Microsoft may be just the beginning of a worrisome earnings trend
Target is unlikely to be the only company with a bullseye on it during the upcoming earnings season. The retailer Tuesday warned for the second time in less than a month that its profits would take a hit from an inventory glut. The new guidance comes just days after Microsoft , in another high profile […]
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Cramer’s lightning round: I like Lam Research over Taiwan Semiconductor
Monolithic Power Systems Inc: “It sells at 40 times earnings, and you know I’m not recommending stocks unless they have a reasonable multiple.” Disclosure: Cramer’s Charitable Trust owns shares of Chevron. VIDEO4:0604:06 Cramer’s lightning round: I like Lam Research over Taiwan Semiconductor Source
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These ‘dividend aristocrats’ offer steady returns in an uncertain market, Credit Suisse says
As Wall Street starts another month with further volatility in the markets, Credit Suisse identified some “dividend aristocrats” that could offer investors steady returns. Analysts at the investment bank maintained an overweight rating on dividend stocks, even as they moved down to neutral on value stocks, according to a Friday report from the investment bank. […]
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Strategists pick their top stocks to beat rising prices and slowing growth — including some they say are ‘extremely cheap’
The global economy is beset with rising inflation and slowing growth. Here, CNBC Pro sifts through recent research notes to identify strategists’ top stocks in this tricky environment. The U.S. Federal Reserve hiked rates in March for the first time in more than three years, and announced a further 50-basis-point hike earlier this month . […]
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Stocks keep hitting new lows. Here’s how to protect your portfolio and generate some returns
The market rally that began in late March 2020 has ended with a thud, and investors on Wall Street and Main Street alike are shifting toward a more defensive approach. On Friday, the S & P 500 briefly traded more than 20% below its record high , before closing flat thanks to a late-day rally. […]
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Investing Club: Here’s how much each company in our portfolio is exposed to China
Shanghai and Beijing have retained, if not tightened, many Covid-related restrictions on business and travel. In this picture, workers disinfect a residential community on May 11, 2022, in Beijing, China. Beijing Youth Daily | Visual China Group | Getty Images Source
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