Stock markets
Buy these two cruise line operators as business returns to normal, Wells Fargo says
Analysts say cruise lines are “one of the few remaining recovery stories” in consumer stocks. Source
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JPMorgan downgrades Procter & Gamble as inflation pressures grow
Rising commodities prices and less favorable foreign exchange rates will add pressure to the stock, analysts say. Source
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PayPal is a buy after falling 35% this year, Goldman Sachs says
Analysts expect the payments company will return to earnings per share growth in excess of 20% following this year. Source
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Jim Cramer cautions investors against false optimism after latest Russia-Ukraine peace talks
Investors should be careful not to make market decisions based on Russia-Ukraine peace talks, but should also refrain from being too pessimistic, CNBC’s Jim Cramer said Tuesday. “I want to be optimistic about the negotiations,” but Russia’s previous pledges of peace that it didn’t follow through with make that difficult, the “Mad Money” host said. […]
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FedEx CEO says the company will make ‘an enormous effort’ towards AV trucks in June
FedEx chief executive Fred Smith told CNBC’s Jim Cramer on Tuesday that the company will make big strides in its autonomous vehicle efforts this summer. “You’ll see in late June an enormous effort towards autonomous trucks that move over the highway. Not in the city, where we think our drivers are better for the pickup […]
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Cramer’s lightning round: Village Farms is not 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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Yeti is an investable stock for these three reasons, Jim Cramer says
Investors should consider investing in Yeti Holdings now that the stock is much more affordable than it usually is, CNBC’s Jim Cramer said Tuesday. “When the market finds its footing after a brutal decline … you want to look for potential opportunities in previously expensive stocks that have suddenly become a lot cheaper,” the “Mad […]
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Stock futures edge lower after Dow and S&P 500 notch a fourth straight day of gains
U.S. equities futures dipped slightly Tuesday evening after stocks extended their rally in the previous session, even as fears of an inverted yield curve sparked recession concerns and investors continued watching developments play out in Ukraine. Futures tied to the Dow Jones Industrial Average slipped by 50 points, or 0.1%. S&P 500 futures fell 0.1% […]
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Stocks making the biggest moves after hours: Micron, Lululemon, RH and more
The headquarters building of Micron Technology Inc. stands in Boise, Idaho, U.S. Matthew Staver | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Micron — Shares of the chip maker advanced more than 4% after hours, after the company reported financial results for its most recent quarter. Micron beat Wall […]
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Bill Ackman is done with activist short-selling, will focus on quieter, long-term approach
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Investor Bill Ackman said Tuesday that he will no longer take part in vocal activist short selling campaigns, a practice he engaged in that led to one of the most colorful battles in Wall Street history. “Despite our limited participation in […]
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