Coterra Energy Inc
3 takeaways from the Investing Club’s ‘Morning Meeting’ on Tuesday
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: We want growth without inflation WMT, HD earnings beats boost retailers Quick mentions: CTRA, DIS, WFC 1. We want growth without inflation Stocks were mixed Tuesday, with tech names keeping […]
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Jim Cramer offers his favorite stock picks for 3 possible recession scenarios
CNBC’s Jim Cramer on Thursday gave investors his top stock picks for three different recession outcomes. “We’ve got mild, we’ve got moderate and we’ve got severe. … . Can we avoid a recession altogether? There’s always the chance,” but investors shouldn’t hold their breath, he said. Investors have piled into tech stocks this week, betting […]
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Joe Manchin raises over $1 million from donors including Patriots owner, Wall Street execs, energy giants
U.S. Senator Joe Manchin (D-WV) walks to the Senate floor at the U.S. Capitol in Washington, June 7, 2022. Jonathan Ernst | Reuters Sen. Joe Manchin’s reelection campaign raised over $1 million over three months thanks to donations from the likes of New England Patriots owner Robert Kraft, multiple Wall Street leaders and energy giants. […]
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Stocks making the biggest moves midday: JPMorgan Chase, Goldman Sachs, Conagra Brands and more
Pedestrians pass in front of a JPMorgan & Chase bank branch automated teller machine (ATM) kiosk in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Check out the companies making headlines in midday trading. JPMorgan Chase – Shares of JPMorgan Chase sunk 3.49% and hit a 52-week low after the bank reported quarterly […]
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UBS says this economy is going through ‘slowflation’ and gives stocks to play it
UBS believes the U.S. is about to enter a period of “slowflation,” not stagflation. The investment bank said in a note Tuesday that it sees the economy entering a slowflation period in the next 12 to 36 months. Unlike stagflation periods that are characterized by stagnant economic growth and high inflation, slowflation periods are marked […]
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Cramer’s lightning round: Rapid7 is not a buy
Abbvie Inc: “I think the answer is that Abbvie, which we own big for our Charitable Trust, goes higher.” NVIDIA Corp: “You have to buy it gingerly. Why? Because the sellers just come out of the woodwork every time the stock goes up. But I’m with [CEO] Jensen Huang. … I’m going to say, buy.” […]
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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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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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Druckenmiller is betting against the wider market, while seeing value in energy stocks
Billionaire investor Stanley Druckenmiller added a sizable bet against the S & P 500 in the first quarter, while piling into a slew of energy names during the market turmoil. Duquesne Family Office bought 2,396 put contracts of the SPDR S & P 500 ETF (SPY) in the first quarter, according to a regulatory filing. […]
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Another rough market puts two of our newest stocks on sale. So we’re buying more
We’re dipping into our large, low double-digit percent cash position to make these two buys into Friday’s broader stock market selloff. Source
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