Stock markets
Argus downgrades Carnival as fuel costs rise and omicron surges
Recovery in the cruise industry may take longer than expected as fuel costs rise and omicron surges, and that could hurt Carnival shares, according to Argus. Source
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Buy Teva Pharmaceuticals amid confluence of positive news, Bernstein says
A recent bout of good news makes Teva Pharmaceuticals a good buy for investors, even though the company faces ongoing opioid litigation, according to Bernstein. Source
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‘MANGO:’ Bank of America thinks these chip stocks can do well despite investor concerns
Bank of America thinks these chip stocks can rally, even as investors grow increasingly concerned with rising inflation and ongoing supply chain bottlenecks. Source
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Stocks making the biggest moves premarket: Bed, Bath & Beyond, Nio, Honest Company and others
Check out the companies making headlines before the bell: Cannabis stocks – Shares of marijuana producers are extending a Thursday rally in the premarket, following an industry publication’s report that the House will vote for a second time next week to legalize cannabis at the federal level. The House passed such a bill in 2020, […]
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Why one tech analyst thinks Amazon’s stock is underappreciated
Amazon is a big name in the ever-growing e-commerce space, but one tech analyst thinks shares of the technology giant are underappreciated and cheap. Source
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History shows investors should stick to profitable companies if Fed tightens inflation action, Jim Cramer says
CNBC’s Jim Cramer on Thursday advised investors to invest in profitable companies if the Federal Reserve institutes a half-point double rate hike, using an analysis of the Fed’s last double rate hike and its aftermath in 2000. “We know what works when the Fed tightens aggressively. The lesson of 2000 is to stick with profitable […]
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Agco CEO says Russia-Ukraine war’s potential consequences on global food supply is ‘a really big deal’
Diminished food supply resulting from Russia’s invasion of Ukraine has potential consequences beyond empty stomachs, Agco chief executive Eric Hansotia told CNBC’s Jim Cramer on Thursday. According to Hansotia, about “13% of the global calories came out of production” when Russian and Ukrainian borders shut down. “This is a really big deal, because when that […]
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Morgan Stanley says these Chinese stocks could rebound — Alibaba, Tencent aren’t on the list
Morgan Stanley analysts have picked some Chinese stocks they say are oversold and have a greater chance of rebounding after supportive comments from Beijing. Source
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Cramer’s lightning round: Stanley Black & Decker is a buy
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. Source
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Hedge funds choosing ‘fresh’ stocks over obvious winners drove Thursday’s rally, Jim Cramer says
CNBC’s Jim Cramer said that Thursday’s rally was driven by hedge fund managers’ desire for fresh stocks over trusted winners and that investors should not overthink the currently seesawing market. “Traders wanted something new — not Archer-Daniels-Midland or Exxon, but AMD and Estee Lauder,” the “Mad Money” host said. “The hedge funds are in charge […]
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