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☆ Mexico president flags water-scarcity of northern state eyed for Tesla plant
  + stars: | 2023-02-20 | by ( ) www.reuters.com   time to read: +2 min
[1/2] An aerial view shows a part of the urban area in the state of Nuevo Leon, where Tesla could build a new electric car plant, in San Pedro Garza Garcia, Mexico December 19, 2022. "There are favorable conditions in Nuevo Leon. Lopez Obrador said he would emphasize to Tesla the need for careful planning around water, electricity and other services, noting certain northern zones ban water extraction while the southeast holds 70% of Mexico's water. Lopez Obrador has made it a priority to draw investment to southern Mexico, which has lacked the level of industrialization that has flourished along Mexico's northern border. Following Lopez Obrador's remarks on Monday, Nuevo Leon Economy Minister Ivan Rivas said water access had not been an issue for companies or held back investment, according to Mexican outlet Milenio.
☆ Top 10 things to watch in the stock market Friday: Market slide, optimism on Club stocks
  + stars: | 2023-02-17 | by ( Jeff Marks | ) www.cnbc.com   time to read: +3 min
Deere (DE) posts a big earnings beat: $6.55 per share for fiscal 2023 first quarter, beating estimates of $5.53. Roku (ROKU) double upgraded at Bank of America to buy, price target to $85 per share. 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 .
☆ Why energy and tech stocks are struggling Friday — listen to the 'Homestretch'
  + stars: | 2023-02-17 | by ( ) www.cnbc.com   time to read: +7 min
YOU KNOW, WE'VE HAD A NICE RUN. THAT'S WHY WHEN YOU SEE INTERESTRATES RISE, STOCKS TEND TO FALL. NOW, ON THE OTHER HAND, NOTWORKING, THAT'S GOING TO BEENERGY WITH OIL PRICES FALLINGAND NAT GAS MAKING A NEW LOW. THEN, OF COURSE, TECH ISFALLING, AS WELL, BECAUSE ASINTEREST RATES RISE, TECH STOCKSTEND TO FALL. A LOT OF THESE TECH STOCKS, ALOT OF THEM HAVE EARNINGS --MANY ARE NOT PROFITABLE TODAYAND EARNINGS ARE PROMISED IN THEFUTURE.
☆ Citi says buy 3 stocks tied to the consumer for the same reasons we own them
  + stars: | 2023-02-17 | by ( Paulina Likos | ) www.cnbc.com   time to read: +6 min
What Citi thinks Analysts at Citi chose our three Club holdings among their top-rated picks — initiating coverage in U.S. beverages, household and personal care products. STZ YTD mountain Constellation Brands (STZ) YTD performance Citi also said it's time to buy Constellation Brands, the company behind Mexican beers Corona, Modelo and Pacifico. Analysts at Citi have a $265 price target on the stock, which fell slightly lower Friday to just under $227. EL YTD mountain Estee Lauder (EL) YTD performance Citi also estimates "strong topline/margin recovery" from Estee Lauder as China's economy continues to reopen. Buy Estee Lauder."
☆ Jim Cramer's Investing Club meeting Friday: Stocks slide, oil, Estee Lauder
  + stars: | 2023-02-17 | by ( Paulina Likos | ) www.cnbc.com   time to read: +3 min
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Wait to put cash to work Watch oil stocks Buy EL, STZ & PG 1. Watch oil stocks Oil prices came under pressure Friday, with West Texas Intermediate crude — the U.S. oil benchmark — down more than 3%, at $76.36 a barrel, putting downward pressure on all of our energy holdings. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
☆ Are we on the brink of a corporate credit crisis?
  + stars: | 2023-02-13 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +9 min
Economists at S&P Global Ratings forecast that speculative-grade (perceived to have a lower level of credit quality compared to more highly rated, investment-grade, companies) corporate default rates in the US and Europe will double this year alone. So are we on the brink of a corporate credit crisis? Before the Bell spoke with Ruth Yang, managing director and global head of thought leadership at S&P Global Ratings to discuss what lies ahead for the corporate credit market. Before the Bell: What’s your big picture view of the credit economy right now? There will be slower growth with thinner margins and that’s going to change how people look at their investment opportunities.
☆ Cheers! Spirits like gin, vodka, overtake beer's U.S. market share
  + stars: | 2023-02-09 | by ( Jessica Dinapoli | Thomson Reuters | New York-Based Reporter Covering U.S. Consumer Products Spanning Paper Towels To Packaged Food | ) www.reuters.com   time to read: +2 min
Spirits like whiskey, cognac and tequila, a celebrity favorite, have surpassed beer's U.S. market share for the first time due to price hikes and high-end cocktail trends, according to the Distilled Spirits Council of the United States. U.S. sales for spirits totaled $37.58 billion last year, while beers like Anheuser-Busch inbev SA's (ABI.BR) Bud Lite tallied $37.46 billion, according to data compiled by the Distilled Spirits Council. Spirits' market share was 42.1%, while beer's was 41.9%, according to the data. Tequila and ready-to-drink canned cocktails including Constellation Brands Inc's (STZ.N) Fresca vodka spritz were among the fastest-growing types of spirits, the Distilled Spirits Council said. "The 'premiumization' trend, where people look at distilled spirits as an affordable luxury, is affirmed by these numbers," said Chris Swonger, CEO of the Distilled Spirits Council.
☆ Jim Cramer's top 10 things to watch in the market Tuesday: Fedspeak, video games, memesters
  + stars: | 2023-02-07 | by ( Jim Cramer | ) www.cnbc.com   time to read: +3 min
But puts first-quarter EBITDA guide at $710 million versus $762 million expected. 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.
☆ Jim Cramer's top 10 things to watch in the market Monday: Stocks slump, off-price retail boost
  + stars: | 2023-02-06 | by ( Jim Cramer | ) www.cnbc.com   time to read: +4 min
2. Credit Suisse raises Estee Lauder (EL) price target to $305 per share from $215. Bernstein upgrades Diageo (DEO) to outperform from market perform (buy from hold) and raises price target to $225 per share from $215. Canaccord PT to $853 from $750; keeps buy. T-Mobile (TMUS) downgraded by MoffettNathanson to market perform from outperform (hold from buy); keeps $174-per-share price target. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
☆ Here’s our February rapid-fire update on all 34 stocks in Jim Cramer’s Investing Club portfolio
  + stars: | 2023-02-05 | by ( Matthew J. Belvedere | ) www.cnbc.com   time to read: +12 min
Here's a rapid-fire update on all 34 stocks in Jim Cramer's Charitable Trust, the holdings we manage in the CNBC Investing Club. J & J is a good stock to get into ahead of the impending split into two companies: consumer brands and pharma/medical technology. The company reported a good quarter and guidance, while fundamentals are solid ahead of the split. 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.
☆ Looking beyond FAANG: Here's how the Club portfolio lines up with the Dow's workhorse stocks
  + stars: | 2023-01-31 | by ( Jeff Marks | ) www.cnbc.com   time to read: +10 min
Think most of the stocks in the Dow Jones Industrial Average or the kind of stocks Warren Buffett loves to own for Berkshire Hathaway ." But in the near term, we still favor stocks of companies that are the backbone of the real economy. Dow Inc (DOW): The materials company we own in the portfolio is industrial gas giant Linde (LIN). 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.
☆ NYSE trading glitch, tons of earnings, a Dow comeback — listen to 'The Homestretch'
  + stars: | 2023-01-24 | by ( ) www.cnbc.com   time to read: +11 min
WHAT'S NEW, WHAT'S HAPPENEDSINCE THE MORNING MEETING. THERE WAS SOMETHING SO CRAZY,WE'VE BEEN TRYING TO GET TO THEBOTTOM OF IT, WHICH JEFF WASJUST IN COMPUTER FAILURE. DON'T KNOW EXACTLY WHO DID IT,BUT WE'VE GOT A LOT OF STOCKSTHAT WERE UP 10, DOWN 20. AND I THINK WHAT'S MOSTSIGNIFICANT RIGHT NOW IS THATTHE MIGHTY DOW HAS MADE ACOMEBACK FROM AN UGLY OPEN. I DO FEEL, HOWEVER, THAT THESTOCK IS NOT TO BE BOUGHT AHEADOF THE QUARTER, BECAUSE NOW ITSELLS AT 22 TIMES EARNINGS.
☆ Here's our January rapid-fire update on all 34 stocks in Cramer’s Charitable trust portfolio
  + stars: | 2023-01-19 | by ( Kevin Stankiewicz | ) www.cnbc.com   time to read: +11 min
Here's a rapid-fire update on every stock in the CNBC Investing Club portfolio. As much as we'd like to maintain a bigger position in this roughly $472 stock, we're refraining from violating our cost basis of $291.52. ( See here for a full list of the stocks in Jim Cramer's Charitable Trust portfolio.) 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.
☆ Morgan Stanley says these attractive stocks have the best risk-reward for 2023
  + stars: | 2023-01-14 | by ( Michael Bloom | ) www.cnbc.com   time to read: +6 min
They include Dick's Sporting Goods, Verizon , Alibaba, Constellation Brands and Sealed Air. Dick's Sporting Goods It's been an "Olympic transformation" for the sporting goods retailer, according to analyst Simeon Gutman. Dick's Sporting Goods made pre-pandemic structural changes that leaves the company with a "faster-growing & more profitable business," Gutman added. Meanwhile, he said the retailer's customers have gotten wealthier and the sporting goods category has room for growth. Sealed Air The maker of bubble wrap and other packaging products is firing on all cylinders, according to analyst Angel Castillo and his team.
☆ Trader Talk: Earnings are mostly about hopes for the second half
  + stars: | 2023-01-13 | by ( Bob Pisani | ) www.cnbc.com   time to read: +4 min
Earnings: It's all about the second half of 2023. Wall Street analysts agree, but they are expecting a much rosier outcome in the second half of the year. "The big question is, are the worst of the earnings estimate cuts for 2023 behind us?," Nick Raich from Earnings Scout told me. Big cap tech earnings: laggards (Q4 year over year earnings ests.) Analysts embrace 'tough first half, better second half' scenario All the hopes for earnings growth are now pinned on the back half of the year, when the Fed is expected to have halted its rate hike frenzy.
☆ Jim Cramer's top 10 things to watch in the market Thursday: CPI matches, Peltz Disney fight
  + stars: | 2023-01-12 | by ( Jim Cramer | ) www.cnbc.com   time to read: +3 min
To be sure, though, the CPI print is good news, ending 2022 down 0.1% month over month and up 6.5% year over year. 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.
☆ Investing Club Mailbag: How to avoid pitfalls when calculating stocks' price-to-earnings multiples
  + stars: | 2023-01-12 | by ( Zev Fima | ) www.cnbc.com   time to read: +6 min
Data providers that automatically pull from companies' quarterly releases in calculating trailing price-to-earnings (P/E) sometimes bring in numbers that are not the ones used by Wall Street. However, for trailing P/E purposes, the adjusted earnings-per-share number is usually the one to use. The one-time items are just that, they can change from quarter to quarter or not occur at all. That's why instead of using trailing earnings as our yardstick, we use forward earnings expectations. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
☆ 2 of our stocks get nice pops. Here's the news and what we think
  + stars: | 2023-01-10 | by ( Zev Fima | ) www.cnbc.com   time to read: +6 min
DHR 1Y mountain Danaher's 1 year stock performance Danaher is set to present at the JPMorgan Healthcare Conference on Tuesday afternoon. Now, management sees core sales growth up in the high single-digit range. In addition to the core revenue growth revision, management is now factoring in no growth coming from Covid-related testing. STZ 1Y mountain Constellation Brands 1-year stock performance;. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
☆ Jim Cramer's top 8 things to watch in the market Monday: Stocks up, guidance trims, possible job cuts coming
  + stars: | 2023-01-09 | by ( Jim Cramer | ) www.cnbc.com   time to read: +4 min
U.S stock futures rise after the Dow Jones Industrial Average , the S & P 500 and the Nasdaq finished the first trading week of the new year higher. Barclay's cuts price target on Club name Constellation Brands (STZ) to $278 per share from $288; keeps overweight (buy) rating. 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. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.
☆ Market expectations for a soft landing are growing after latest batch of economic reports
  + stars: | 2023-01-09 | by ( Bob Pisani | ) www.cnbc.com   time to read: +2 min
"This is the definition of a soft landing," Apollo Global's chief economist Torsten Slok said on CNBC's " Closing Bell " on Friday. The price hikes at Conagra were crazy. Those price hikes more than made up for higher costs. We may be reaching the limits of price hikes, however: Constellation Brands said consumers are pushing back against beer price hikes. If December's consumer price index, out Thursday, is benign (below the 6.5% year over year growth expected), the market could move even higher.
☆ A major beer maker says shoppers are finally balking at rising prices — and it could signal inflation's near its peak
  + stars: | 2023-01-07 | by ( Emma Cosgrove | ) www.businessinsider.com   time to read: +3 min
Supply chain costs have driven up beer prices. The maker of Corona says customers have started to buy less beer where prices are highest. And for that reason, beer sales are a solid indicator of the state of the economy when inflation is in play. Other players in the beer supply chain, including the stores that sell Modelo and Corona, up their own prices to varying degrees on top of the wholesale price, Newlands explained Thursday. Some supply chain costs are coming down as imports and overall freight demand cool, but those will take time to hit the balance sheet, and then perhaps eventually the shelf.
☆ Jim Cramer's Investing Club meeting Friday: Stocks rise, Constellation, Wells Fargo
  + stars: | 2023-01-06 | by ( Krystal Hur | ) www.cnbc.com   time to read: +2 min
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Stay wary of tech stocks Stocks rose Friday on signs wage growth is moderating , signaling the Federal Reserve is making progress in its fight to rein in inflation through higher interest rates. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. 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.
☆ Afternoon update: Soft-landing market rally, Alzheimer's drug approval, time to sell a winner
  + stars: | 2023-01-06 | by ( Jim Cramer Jeff Marks | Jim Cramer | Jeff Marks | ) www.cnbc.com   time to read: +3 min
If the Fed doesn't have to tighten as hard, many stocks are at levels you want to buy." Rival Alzheimer's drug approval good for Lilly, too JM: "Biogen is getting accelerated approval for that new Alzheimer's drug. [ Eli Lilly CEO] David Ricks says ... confidence in the Alzheimer's class is going to be good for them as well. Can't be greedy: We need to sell some EL JM: " Estee Lauder , what should we do about it?" As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
☆ Jim Cramer's top 10 things to watch in the market Friday: Goldilocks jobs, mega-caps, Costco
  + stars: | 2023-01-06 | by ( Jim Cramer | ) www.cnbc.com   time to read: +5 min
Mega cap stock abandonment: Lots of hedge funds surprised Club holding Apple (AAPL) didn't go higher after it didn't preannounce. Club holding Costco (COST) says net sales of $23.8 billion for December rose 7% year over year. Guggenheim raises price target on Club holding Starbucks (SBUX) to $103 per share from $92; keeps hold-equivalent rating. Wells Fargo says the negativity is too great when it comes to PVH Corp (PVH) but raises price target and stock rating to a buy-equivalent. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
☆ Markets rally on signs inflation is abating, as investors look to next week's consumer price data
  + stars: | 2023-01-06 | by ( Zev Fima | ) www.cnbc.com   time to read: +5 min
Later in the day, markets were also buoyed by the ISM's nonmanufacturing purchasing managers' index, which said the services industry contracted last month. The next big test will be December's consumer price index report, to be released Thursday. Meanwhile, the fourth-quarter earnings season kicks off next Friday, when the banks – including Club holding Wells Fargo (WFC) – are set to report. On Thursday, the December ADP employment report was released, showing an additional 235,000 jobs, well above the 153,000 expected by analysts. 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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