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☆ We're using this nasty sell-off to take another nibble of this industrial stock
▼ + stars: | 2022-12-22 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

We're adding to our position in Emerson Electric (EMR), buying 75 shares at roughly $94.08. Following Thursday's trade, Jim Cramer's Charitable Trust will own 425 shares of EMR, increasing its weighting to 1.46% from 1.20%. We are making another buy into Thursday's nasty selloff, making use of our larger than usual cash position of about 11%. Emerson Electric is a dividend aristocrat with 66 straight years of increases. Workers produce some of the specialized valves at Emerson Electric Co.'s factory in Marshalltown, Iowa, July 26, 2018.

These buys come as our favorite technical analyst Larry Williams suggested earlier in the week that a Santa Claus rally was in the play. We are adding to an oil position, Devon Energy . With this backdrop, we're adding to Devon Energy, a position we've trimmed much higher and have been slow to build back up. 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.

Following Friday's trade, Jim Cramer's Charitable Trust will own 2,375 shares of HAL, increasing its weighting in the portfolio to about 3.04% from about 2.85%. Halliburton is currently going through a period where an extremely tight equipment market has given the company tremendous pricing power. While it has been a good year already for EMR shareholders with the stock up nearly 3%, we believe the stock can outperform again next year. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. A Halliburton oil well fielder works on a well head at a fracking rig site January 27, 2016 near Stillwater, Oklahoma.

☆ As North Korea flexes its military muscles, some of South Korea's best submarines may be sidelined
▼ + stars: | 2022-11-03 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Nine of South Korea's submarines have defects that could sideline them for extended periods. The issue comes to light as North Korea launches scores of missiles in shows of force to its neighbors. South Korea's sub woes come as North Korea continues to issue threats over joint US-South Korean military exercises that Pyongyang claims are a rehearsal for an invasion. Aircraft in particular would be key to destroying North Korean nuclear sites, artillery emplacements, and even decapitation strikes against the North's leaders. Superior US and South Korean naval capabilities — perhaps assisted by Japanese forces — allow for amphibious landings, special-forces raids, blockades, and shore bombardment.

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