TJX Companies Inc
BofA suggests ‘higher-for-longer’ oil will enhance shares outside of power — listed here are some of its picks
Oil price ranges could remain elevated on the again of the current OPEC+ final decision to minimize output by two million barrels a day , in accordance to Financial institution of America. “The reduce to oil production arrives at a time when world-wide inventories are currently lower and U.S. reserves are at levels not noticed […]
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Bargain retailer TJX strategically placed to navigate a recession, JPMorgan says
TJX Companies (TJX) is competitively positioned to weather an economic slowdown, JPMorgan said, underscoring the Club case for owning the off-price retailer. Source
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3 takeaways from our everyday assembly: Promote into energy, nevertheless bullish on Apple, TJX best
Each individual weekday the CNBC Investing Club with Jim Cramer holds a “Early morning Conference” livestream at 10:20 a.m. ET. This is a recap of Monday’s critical moments. Provide into any power Nevertheless possess it, you should not trade it Brief mentions: TJX, MSFT, MS, WFC 1. Offer into any strength Jim Cramer reiterated his […]
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Holiday bargains will dent retail profits. How investors can avoid taking a beating
Everyone loves a deal and consumers this holiday season can expect more savings at the store thanks to a glut of inventory at some of their favorite retailers. While the surplus merchandise is a boon for consumers, it means a potential hit to profitability for retailers — even if it encourages more shopping. It also […]
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Second strike at Liverpool to add to European port congestion, slow product delivery
A striking dockworker on a picket line outside the Port of Liverpool during a strike in Liverpool, UK, on Tuesday, Sept. 20, 2022. Bloomberg | Bloomberg | Getty Images Logistics experts are warning another strike set at the Port of Liverpool for Tuesday will only add to the existing delays in product delivery caused by […]
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Ocean freight orders are signaling a big drop in consumer demand
For the marine shipping industry to cut its carbon footprint in half by 2050, promising technology will need to become reality, and efficiency gains will need to increase as well. Lucy Nicholson | Reuters A significant consumer pullback is showing up in ocean shipping, with logistics managers telling CNBC they have seen a 20% drop […]
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What Nike’s earnings report tells us about 3 consumer stocks in our portfolio
A warning from Nike (NKE) in its first-quarter earnings report has given us some serious insights into a handful of consumer stocks in the portfolio. We call them “readthroughs”: valuable investment clues we find by sifting through financials and comments from other companies, including ones not owned by Jim Cramer’s Charitable Trust, the portfolio we […]
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3 takeaways from our daily meeting: Sticking by the 2-year Treasury, picking at chip stocks, and Club names in the news
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 Friday’s key moments. The 2-year Treasury remains the right buy When to buy our chip plays Quick mentions: TJX, DIS, ABBV 1. The 2-year Treasury remains the right buy We’re saying good riddance […]
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We’re buying more shares of two companies, stepping off the sidelines in this down market
After patiently waiting for the market to pull back over the past few days, we are nibbling on two stocks of high-quality companies. Source
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Buy these quality stocks as the market enters treacherous territory, BMO says
It’s time to consider quality and dividend growth stocks, instead of traditional defensives, to deal with greater volatility ahead, according to BMO Capital. The market is coming off its worst day since June 2020, with the S & P 500 dropping more than 4% on Tuesday on the back of hotter-than-expected U.S. inflation data. Stocks […]
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