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☆ Cramer's Lighting Round: Vertex Pharmaceuticals is 'terrific'
▼ + stars: | 2024-04-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon Hawaiian Electric Industries' year-to-date stock performance. Stock Chart Icon Stock chart icon Excelerate Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Sibanye-Stillwater's year-to-date stock performance. Stock Chart Icon Stock chart icon Penumbra's year-to-date stock performance. Stock Chart Icon Stock chart icon Vertex Pharmaceuticals' year-to-date stock performance.

Persons: Excelerate, I'd, it's, I've, ABT, Emerson Electric's, Jim Cramer's Organizations: Hawaiian Electric Industries, Excelerate, Abbott Labs, PEN, Emerson Electric, GM, Pharmaceuticals, Vertex Pharmaceuticals, CF Locations: Stillwater

Following Monday's trade, Jim Cramer's Charitable Trust will no longer own a position in Emerson Electric. Even with the market overbought all last week, the S & P 500 squeezed out a gain of nearly 1% — its fifth straight weekly advance. For reference, any reading of 4% or more means the market is technically overbought (a reading of less than minus 4% means oversold). To help figure out the market's pulse, we like to refer to the Oscillator as our guidepost for buying or selling stocks. Whenever the market is overbought to this degree, our discipline is to look at areas to raise extra cash.

Persons: We're, Jim Cramer's, Eaton YTD, Eaton, Jim Cramer, Jim, Emerson Electric's, Timothy Aeppel Organizations: Emerson, CNBC Locations: Emerson, We'll, Marshalltown , Iowa

AMZN mountain 2021-01-01 Amazon's stock performance since the start of 2021. CRM mountain 2021-01-01 Salesforce's stock performance since the start of 2021. DHR mountain 2021-01-01 Danaher's stock performance since the start of 2021. DIS mountain 2021-01-01 Disney's stock performance since 2021. SWK mountain 2021-01-01 Stanley Black & Decker's stock performance since the start of 2021.

Persons: It's, Eli Lilly, Salesforce, Bob Iger's, Emerson, Lal Karsanbhai, hasn't, tanked, Laxman Narasimhan, Stanley Black, Decker, –, Jim Cramer's, Jim Cramer, Jim, Michael Nagle Organizations: Federal Reserve, Dow Jones Industrial, Nvidia, Microsoft, Linde, LIN, Broadcom, Web Services, Walt Disney, Paramount, Warner Bros Discovery, Disney, Emerson, Emerson Electric, National Instruments, Google, Honeywell, Honeywell International, Technologies, Solutions, Meta, Reality Labs, Starbucks, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, Seattle, Danaher's, China

Following Tuesday's trade, Jim Cramer's Charitable Trust will own 525 shares of EMR, decreasing its weighting in the portfolio to 1.61% form 1.84%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer's, Tuesday's outsized, Emerson, we'll, Jim Cramer, Jim, Emerson Electric's, Timothy Aeppel Organizations: Emerson Electric, Treasury, Federal, National, CNBC, Emerson Locations: Marshalltown , Iowa

Quarterly earnings reports for our industrial stocks begin this week amid an uncertain operating environment. HON YTD mountain Honeywell (HON) year-to-date performance Honeywell and Linde are the first two of the group to report — on Thursday before the bell. This was positive to see and it's reasonable to expect a clean quarter led by aerospace, Honeywell's largest business. Linde has beat and raised for 18 consecutive quarters, and history is likely to repeat itself when the industrial gas company reports. EMR YTD mountain Emerson Electric (EMR) year-to-date performance Emerson Electric is the last of our industrial names to report, on Nov. 7 before the opening bell.

Persons: we're, Stanley Black, Decker, —, CNBC's Jim Cramer, it's, Jim, You've, Vimal Kapur, Linde, Jack Umpleby, Emerson, Jim Cramer's, Jim Cramer, Wang Chun Organizations: Caterpillar, Honeywell International, Emerson Electric, Linde, LIN, DuPont De Nemours, Honeywell, LSEG, Aerospace, Electric, GE, Club, U.S, Management, CAT, Act, DuPont, Electronics, Emerson, National Instruments, SWK, CNBC, Future, Getty Locations: North America, China, Lianyungang, East China's Jiangsu

☆ Earnings beat and raise gives this underappreciated U.S. industrial stock the boost it deserves
▼ + stars: | 2023-08-02 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Emerson also saw better-than-expected profit margin performance and robust cash flow. Topping it all off, management raised their earnings outlook and sales growth forecast to ranges above what analysts had been expecting. As for cash flow, management offered up a slight increase to their full-year forecast, at the midpoint. Operating cash flow is now expected to be in the range of $2.5 billion to $2.6 billion (versus $2.63 billion expected) while free cash flow is expected to come in between $2.2 billion and $2.3 billion (versus $2.21 billion expected). This compares to prior operating cash flow and free cash flow targets of about $2.5 billion and roughly $2.2 billion, respectively.

Persons: outperformance, Emerson, we're, Jim Cramer's, Jim Cramer, Jim, Emerson Electric's, Timothy Aeppel Organizations: Emerson Electric, Club, Software, Control, Caterpillar, Emerson, NI, National, EV, Devices, Safety, Productivity, CAT, CNBC Locations: Marshalltown , Iowa

☆ Stocks making the biggest moves midday: SolarEdge Technologies, Humana, Starbucks, Robinhood and more
▼ + stars: | 2023-08-02 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

SolarEdge Technologies — The solar stock tumbled about 19% after the company reported $991 million in revenue, missing analysts' estimates of $992 million, according to Refinitiv. CVS Health — The retail pharmacy stock gained 4% during midday trading Wednesday after the company posted strong earnings and revenue for the second quarter. The company reported adjusted earnings per share of $1.29, topping the $1.10 expected from analysts polled by StreetAccount. Starbucks' adjusted earnings per share for the fiscal third quarter was $1, versus the 95 cents expected by analysts, per Refinitiv. Chinese tech stocks — Shares of Chinese technology stocks dropped after regulators in China proposed limits on smartphone use for minors.

Persons: SolarEdge, Norwegian's, Emerson Electric's, Pinterest, Generac, Freshworks, Genuity, Robinhood, CNBC's Hakyung Kim, Pia Singh, Alex Harring Organizations: SolarEdge Technologies, CVS Health, CVS, Wall Street, Cruise, Susquehanna, Emerson, StreetAccount, Revenue, Wall, FactSet's, Starbucks, Bank of America, JPMorgan, Scotts Miracle, Gro, Scotts, JD.com, Baidu, Tencent Locations: Refinitiv, China

But, as Jim Cramer said Wednesday stocks in other parts of the market have started to come "back from the dead." Here's a look at where we stand on these eight Club stocks, starting with the biggest gainer, Halliburton, and concluding with the eighth-best performer, TJX Companies. HAL 3M mountain Halliburton's stock performance over the past three months. CAT 3M mountain Caterpillar's stock performance over the past three months. TJX 3M mountain TJX Companies' stock performance over the past three months.

Persons: It's, Jim Cramer, Wells, Morgan Stanley, Wells Fargo, Elliott Management, Jim, STZ, Emerson, bode, Morgan Stanley's, Morgan, TJ Maxx, we're, TJX, Jim Cramer's, Jamie Schwaberow Organizations: Halliburton, HAL, Caterpillar, Nvidia, Constellation Brands, Emerson Electric, Coterra Energy, TJX Companies, CAT, Wells, Apple, Corona, Modelo, Constellation, Emerson, Morgan, Goods, CNBC, Workers, Halliburton Co, Anadarko Petroleum Corp, Bloomberg, Getty Locations: Wells Fargo, Wells, Dacono , Colorado, U.S

☆ U.S. manufacturing jobs are coming back home — and these industrials stand to gain
▼ + stars: | 2023-06-22 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

The Club's industrials are set to profit from a burgeoning trend of companies bringing manufacturing jobs back to the U.S. from overseas. As companies reconstruct supply chains in the wake of the Covid-19 pandemic, Mizuho analysts see a multiyear revenue benefit for Western industrials. But companies that enable manufacturing automation, including Emerson, follow closely behind as "core beneficiaries" of the reindustrialization cycle, according to Mizuho. Meanwhile, Mizuho pointed to Honeywell as one of the companies offering a more diversified way for investors to gain reshoring exposure. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Stanley Black, Decker, Mizuho, Wall, Emerson, Eaton, Hubbell, Emerson —, —, Reshoring, Frank Dellaquila, Rockwell, Jim Cramer's, Jim Cramer, Jim, Timothy Aeppel Organizations: Mizuho, Emerson, Honeywell International, Honeywell, Emerson Electric, Stanley, Western, National, Rockwell Automation, Citigroup, Citi, Caterpillar, Linde, LIN, U.S . Companies, Taiwan Semiconductor Manufacturing Company, CAT, CNBC, Workers, Emerson Electric Co Locations: U.S, North Carolina, Mizuho, Marshalltown , Iowa

☆ The market rally has spread to our 4 industrial stocks. Here's what we're doing next
▼ + stars: | 2023-06-15 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

Our four industrial-focused stocks — Caterpillar (CAT), Emerson Electric (EMR), Honeywell (HON) and Linde (LIN) — have all been gaining steam over the past three months. There are positive short-term catalysts for our industrial holdings including the U.S. government's commitment to infrastructure spending, global decarbonization initiatives, and industrial automation. For all these reasons, Jim said EMR stock has been "stuck in the mud." EMR stock also pays a healthy 2.5% annual dividend yield and is a real dividend aristocrat. The Club's take: Jim expects Honeywell's stock to go higher from here as the market broadens beyond a handful of tech stocks.

Persons: Jim Cramer, Jim, he's, He's, Jerome Powell, we've, Jim Umpleby, Umpleby, Umpleby's, We're, Jim Wednesday, Emerson, Vimal Kapur, Lewis, Linde Linde, Linde, there's, Jim Cramer's, Luke Sharrett Organizations: Caterpillar, Emerson Electric, Honeywell, Linde, LIN, Federal, Dow Jones, Nasdaq, Tech, Companies, U.S, Caterpillar Caterpillar, CAT, Emerson, National, HSBC, Management, National Instruments, Honeywell Honeywell, CNBC, Whayne, Bloomberg, Getty Locations: China, Wells, Louisville , Kentucky

Wall Street on Tuesday upgraded two underperforming Club stocks — Emerson Electric (EMR) and Danaher (DHR) — to the equivalent of buy ratings. Historically, the iPhone's expensive price tag has hindered its ability to gain meaningful market share in the Indian smartphone market. We're confident Apple is gaining traction with Indian consumers , one reason why we continue to see Apple is a long-term investment. The company's two-pronged strategy of growing both its manufacturing- and consumer market share in India should prove fruitful in the coming years. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Following Thursday's trade, Jim Cramer's Charitable Trust will own 800 shares of EMR, increasing its weighting in the portfolio to 2.52% from 2.37%. We think this recent dip is a buying opportunity on Thursday, ahead of a potentially transformative moment for the company. Emerson in January launched a hostile takeover bid for National Instruments (NATI), valued at $53 per share. The one wrinkle to this story, of course, would be if Emerson ends up overpaying for National Instruments. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Following Wednesday's trade, Jim Cramer's Charitable Trust will own 625 shares of EMR, increasing its weighting in the portfolio to about 1.79% from 1.65%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ A disappointing quarter sends newest position Emerson Electric to the penalty box
▼ + stars: | 2023-02-08 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Emerson Electric (EMR) reported disappointing quarterly results on Wednesday, pushing shares of the technology and engineering company down 5% and forcing a downgrade on our newest holding. As a result, we are putting Emerson Electric in the "penalty box" and downgrading shares to a 2 rating from a 1. A penalty box means the stock has one quarter to show improvement — and should it fail to do so, it gets booted from the portfolio. Geographically, sales growth was driven by the Americas, which was up 13% versus the year-ago period. On the other hand, the earnings-per-share guide, which along with underlying sales growth is in line with the guidance previously provided, came in a penny short at the midpoint.

☆ 6 top M&A bankers lay out their dealmaking playbook for 2023 — from getting around a sagging bond market to dealing with skeptical shareholders
▼ + stars: | 2023-01-09 | by ( Carter Johnson | ) www.businessinsider.com time to read: +10 min

"We're certainly telling clients to plan for longer timelines between signing an announcement and when a transaction closes," RBC's Sperduto said. Bankers noted the figure was on pace with the average amount of deals done in the five years preceding the pandemic. "There is still significant desire from both corporates and financial sponsors to transact," Gary Posternack, co-head of global M&A at Barclays, told Insider. But in 2023, bankers see more transactions receiving greater scrutiny from stakeholders. Vito Sperduto, the co-head of global M&A at RBC Capital Markets.

We're initiating a position in Emerson Electric (EMR) Wednesday, buying 150 shares at roughly $97.91 apiece. Following Wednesday's trade, Jim Cramer's Charitable Trust will own 150 shares of EMR, representing about 0.5% of the portfolio. Ever since Lal Karsanbhai took over as CEO in 2021, Emerson has accelerated its portfolio transformation to create value for shareholders and become a pure-play automation company. In May, the company closed the combination of its industrial software business with Aspen Technology (AZPN) to create a global industrial software leader. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

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