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☆ Stanley Black & Decker's turnaround is in full swing, and we're raising our price target
▼ + stars: | 2023-08-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

With gross margins improving and earnings growth inflecting next year, we're sticking with the stock and looking to add to our position on potential pullbacks. As a result, we're raising our price target to $110 a share, up from $100. Taken together, the company's adjusted gross margins were 23.6%, down from last year's 27.9% rate. That's why we were pleased to see adjusted gross margins expand 50 basis points from the first quarter. This midpoint now factors in a "modestly lower" organic-growth rate, offset by stronger gross margins.

Persons: Stanley Black, Decker, it's, Stanley, Stanley isn't, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: Revenue, Refinitiv, Stanley, Management, CNBC, Bloomberg, Getty Locations: Emeryville , California

We are buying 225 shares of GE Healthcare (GEHC), at roughly $76.84 each, and 45 shares of Microsoft (MSFT), at roughly $334.26 apiece. The first position we are adding to is GE Healthcare Technologies . GE Healthcare fared much better than Dutch peer Phillips, which last week said its orders fell 8% in the second quarter. The difference in the two order rates suggests GE Healthcare is gaining market share. The medical-technology firm is seeing good momentum in its business, partly because many health-care providers are investing to improve patient care and productivity.

Persons: Jim Cramer's, Johnson, Phillips, what's, We've, we've, Jim Cramer, Jim, Spencer Platt Organizations: GE Healthcare, Microsoft, GEHC, Johnson, GE Healthcare Technologies, GE, Electric, CNBC, Traders, New York Stock Exchange, Getty Locations: –, New York City

July 25 (Reuters) - The U.S. economy may ultimately skirt a recession, but it's felt like one for months at Jon Ferrando's 103 RV dealerships. "Our industry has always been a little challenged on forecasting around demand," said Jason Lippert, CEO of LCI Industries, a large supplier of parts to the RV industry that is also based in Elkhart. "If I was just looking at RV data, I would be screaming recession," said Michael Hicks, an economics professor at Ball State University in Indiana who tracks the industry, adding that pullbacks in RV shipments have signaled every U.S. recession since 1981. "We expect in the second half of this year shipments (of RVs) will start to increase again," Geraci said. Gregg Fore, an RV industry consultant who previously ran an RV parts supplier, said half the new inventory at some dealers he works with are 2022 models.

Persons: it's, Jon Ferrando's, Ferrando, Michael Happe, Eden, Jason Lippert, Michael Hicks, RVIA, Monika Geraci, Geraci, Gregg Fore, Tyler Hermon, Timothy Aeppel, Dan Burns, Paul Simao Organizations: Winnebago Industries, Federal Reserve, RV Industry Association, Thor Industries, LCI Industries, Ball State University, Dealers, Thomson Locations: U.S, Fort Lauderdale , Florida, RVs, United States, Elkhart , Indiana, Eden Prairie , Minnesota, Elkhart, Indiana, North America, RVing

☆ Microsoft shares hit a record high this week. How the pros are playing it
▼ + stars: | 2023-07-21 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Pretty much everyone believes that generative AI is going to be a critical place to be in the coming decades, and I think Microsoft is far ahead of everyone else." At its steep multiple and price appreciation, she is refraining from buying shares that look "due for a breather." MSFT 5D mountain Microsoft shares this week Most analysts and investors agree that Copilot represents a big opportunity for Microsoft, but some remain skeptical of how much it will be able to monetize and how many users it can attract. Earnings next week could offer the next big catalyst for Microsoft. Microsoft is so well known that any kind of growth investor would have that philosophy."

Persons: Nancy Tengler, Tengler, Paul Meeks, Meeks, Ken Mahoney, Mahoney, Goldman Sachs, Kash Rangan, Citi's Tyler Radke, Guggenheim's John DiFucci, You've, Michael Bloom Organizations: Microsoft, Laffer, Investments, Mahoney Asset Management Locations: overbought

☆ Morning Bid: Tesla, Netflix underwhelm
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +4 min

[1/2] A Tesla logo is seen outside a showroom of the carmaker in Beijing, China May 31, 2023. REUTERS/Thomas Peter/File PhotoA look at the day ahead in U.S. and global markets from Mike DolanAn overdue cold shower? July 20 (Reuters) - The first of the supercharged Big Tech firms to report in this earnings season - Tesla and Netflix - seemed to underwhelm markets overnight, cutting across the enthusiastic reception for big banks and knocking back bulled-up Wall St from 2023 highs. Although electric car giant Tesla (TSLA.O) comfortably beat second quarter profit forecasts, markets seized on plans for continued price discounting and squeezed margins as a reason to drag its shares down almost 4% in overnight trading. In the fixed income world, Treasury yields crept back higher ahead of next week's Federal Reserve meeting.

Persons: Thomas Peter, Mike Dolan, Dow Jones, McLennan, Philip Morris, WR, DR Horton, Janet Yellen, John Organizations: REUTERS, Big Tech, Netflix, Overseas, Citizens, US Bancorp, Energy, Healthcare, Abbott Laboratories, Johnson, Blackstone, Truist Financial, American Airlines, Marsh, WR Berkley, CSX, Philadelphia Federal Reserve, Treasury, Reuters Graphics Housing, Reuters Graphics Reuters, Thomson, Reuters Locations: Beijing, China, U.S, Russia, Britain, Newmont, Freeport, McMoRan, DR, Philadelphia, Turkey, South Africa, Vietnam

☆ Bitcoin investors are feeling deja vu as the setup for the next bull run takes shape
▼ + stars: | 2023-07-16 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +5 min

The dollar index, which usually moves inversely with bitcoin, also hit its lowest level in more than a year last week, and bitcoin didn't budge. "It wasn't until the bitcoin halving a year later, in the spring of 2020, that we saw a market recovery transform into a sustained rally. Investors tend to expect seasonal gains in the fourth quarter, which has brought bitcoin a 93.38% return on average since 2013. The Ripple case also gives the industry hope that the SEC "takes its foot off of the enforcement pedal," Canaccord Genuity said. "Until the next difficulty adjustment, which will happen in about two weeks, miners' selling pressure will likely continue," Hasegawa added.

Persons: Bitcoin, bitcoin, pullbacks, Andrew Lawrence, Censo, Lawrence, it's, Cantor Fitzgerald, Canaccord Genuity, Chase White, they've, bitcoin's, Yuya Hasegawa, Hasegawa Organizations: BlackRock, SEC, Investors

☆ The economy is expanding and investors need to buy the dip in stocks, Fundstrat says
▼ + stars: | 2023-07-07 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Investors should buy the recent pullback in equities, Fundstrat's Tom Lee said. He called the sell-off in response to the hot ADP jobs report "exaggerated." But the economy is actually "slipping into an expansion," Lee said, setting up stocks for gains. But Lee's comments came before the Labor Department released its June jobs report early Friday. In the meantime, we believe markets have entered a 'buy the dip' regime where 2% pullbacks need to be bought," he later added.

Persons: Tom Lee, Lee, — Organizations: Service, Dow, Labor Department, New York Fed

☆ Jim Cramer's guide to investing: Prepare for corrections, they are inevitable
▼ + stars: | 2023-07-03 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Corrections are as inevitable as rain, according to CNBC's Jim Cramer. Investors should always prepare themselves for corrections, Cramer said. "I expect it to rain, I prepare for it. Another key component of realistic investing is to never make decisions based emotions, especially hope, Cramer said. "So, prepare yourself for corrections.

Persons: Jim Cramer, Cramer, he'd Organizations: Investors

☆ Fundstrat's Tom Lee raises S&P 500 target, sees all-time high before year-end
▼ + stars: | 2023-07-03 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Fundstrat founder Tom Lee has grown more bullish on stocks, seeing the S & P 500 reaching a record high before the end of 2023. The widely followed strategist raised his year-end target for the S & P 500 to 4,825, from 4,750. Lee's forecast is also well above the average year-end forecast of 4,227 from Wall Street strategists, according to CNBC Pro's market strategist survey , which rounds up the top 15 strategists' predictions. .SPX YTD mountain S & P 500 The market just ended the first half of the year with flying colors. The S & P 500 popped 15.9% for its best first half since 2019.

Persons: Tom Lee, Lee, Dow Organizations: Wall Street, CNBC, Nasdaq

☆ Stocks may have rallied to new levels recently, but these 10 high-quality investments are still cheap right now, according to Morningstar
▼ + stars: | 2023-06-28 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +2 min

The stock market began 2023 with a shaky start, but has since enjoyed a strong rally. It's been full speed ahead lately for stocks, as the ongoing market rally remains alive. On the whole, things certainly look promising — but beneath the surface it's clear that the stock market rally has been primarily driven by one sector: technology. 10 most undervalued high-quality stocksFaced with a looming economic downturn, pivoting towards high-quality stocks could help provide investors with the wherewithal to withstand an impending squeeze. In a note from June 27, Morningstar identified the 10 most undervalued high-quality stocks with lasting competitive advantages that make them attractive to long-term investors.

Persons: Morningstar, It's, Dave Sekera, Sekera

☆ Truist's Keith Lerner says he'd buy pullbacks in tech instead of chasing the sector
▼ + stars: | 2023-06-16 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTruist's Keith Lerner says he'd buy pullbacks in tech instead of chasing the sectorKeith Lerner, Truist co-chief investment officer, joins 'Closing Bell' to discuss his bear case for markets and offer his playbook.

Persons: Keith Lerner, he'd, Truist

We're initiating a new position in Stanley Black & Decker (SWK), buying 100 shares at roughly $89.59 each. Following Wednesday's trade, Jim Cramer's Charitable trust will own 100 shares of SWK, representing approximately 0.32% of the portfolio. This global leader in hand and power tools, household hardware, and engineered fastening systems is getting called up from the Club Bullpen. 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.

Persons: Stanley Black, Decker, Jim Cramer's, We're, Stanley, Jim Cramer, Jim, Spencer Platt Organizations: SWK, CNBC, Traders, New York Stock Exchange, Getty Locations: United States, New York City

☆ Many are declaring the bear over, but a new bull market is more a process than a single moment
▼ + stars: | 2023-06-10 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

The review is merely to note that the beginning of a potential bull market is a process, not a moment, occurring as the weight of the evidence gradually shifts in favor of the optimists. A new bull market, even if in place, doesn't always mean a timely sprint to hefty further gains. In a bear market, that's toppy; while in a bull market backdrop, such a level of optimism is fairly routine. In a bear market, 14 is "too low," In a bull market, it's middling. The S & P 500 has built a cushion with which to absorb routine pullbacks without jeopardizing the broader trend.

Persons: JFK, didn't, –, doesn't, Stephen Suttmeier, Bull headwinds, I've, they've, there's Organizations: Bank of America, Investment Group, Lehman, Investment, American Association of Locations: New York, –

☆ Stock futures are flat after S&P 500 notches highest close since August: Live updates
▼ + stars: | 2023-06-06 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 30, 2023. Stocks futures were flat in overnight trading after the S&P 500 notched its highest closing level of 2023. Dave & Buster's gained about 4% after the bell, while Stitch Fix added nearly 5%. S&P 500 futures and Nasdaq-100 futures traded flat. The broad index added 0.24% to finish at its highest level since August 2022, while the Nasdaq Composite rose 0.36% to end at its highest close in 2023.

Persons: Buster's, Goldman Sachs, Morgan Stanley, Tuesday's uptrend, Adam Sarhan Organizations: New York Stock Exchange, Stocks, Dave, Dow Jones, Nasdaq, Merck, UnitedHealth, Investments, Campbell Soup, GameStop Locations: New York City, U.S

Brands fearful of right-wing backlash are discussing scaling back their Pride Month activities. Right-wing media personalities have declared a "war on woke," with The Daily Wire's Matt Walsh recently rallying his Twitter followers to "make 'pride' toxic for brands." This month, the LGBTQ+ dating app Taimi initiated an ad campaign that included billboards in states including Florida, Oklahoma, Texas, and others. Those billboards were largely on privately-owned farmland and most of the landowners rejected Taimi's ad campaign, many requesting "no nudity" in the images. The North Face, which debuted its "Summer of Pride" ad campaign starring drag queen Pattie Gonia late last month, is holding firm.

Persons: Bud Light, Matt Walsh, Ross Martin, Martin, Bud Light's, influencer Dylan Mulvaney, Hannah Lewman, Pattie Gonia, rightwing firebrands, Amy Luca, Media.Monks, Brian Stout, It's, We've, Dean Crutchfield, Crutchfield, Mark Borkowski, I've, Mekanism's, There's, Benjamin Cohen Organizations: Target, Daily, Brands, Partners, Gay and Lesbian Alliance, Defamation, Pink Locations: Florida , Oklahoma , Texas, Taimi's

☆ Premarket stocks: The uber-wealthy are doing just fine and Wall Street is cashing in
▼ + stars: | 2023-06-02 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

But that’s not the case for everyone: The ultra-wealthy are doing just fine, and Wall Street firms are taking advantage of that. Germany, the largest economy in Europe, has slipped into recession as energy price shocks took their toll on consumer spending. In the past 10 weeks, JPMorgan Global Wealth Management opened 40,000 new accounts. Last year, it added around one new client with assets of $100 million or more per day, Mary Erdoes, head of asset and wealth management at the bank, told investors last week. Dollar General customers turn to food banksDollar General (DG) stock had one of its worst days ever on Thursday.

Persons: New York CNN —, that’s, JPMorgan Chase, Andy Cohen, Mary Erdoes, It’s, Goldman Sachs, Louis Vuitton, Dom Pérignon, Dior, Huw Roberts, Hermes —, Roberts, ”, Erwan, “, Gregory Daco, Allison Morrow, Jeff Owen, Owen, Cash, They’re, Elisabeth Buchwald, Treasury hasn’t, Biden Organizations: CNN Business, Bell, New York CNN, Wall, JPMorgan, Bloomberg, JPMorgan Global Wealth Management, Citigroup, International Monetary Fund, Lamborghini, HSBC, EY, Dollar, Treasury, US Treasury Locations: New York, China, United States, Germany, Europe, BlackRock

☆ Nvidia shares pull back after recent surge. Here’s what the pros have to say
▼ + stars: | 2023-05-31 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the best reactions from investors and analysts on Nvidia . The experts, including Jim Cramer , discussed the chipmaker as its shares fell 5.7% Wednesday, following its massive run last week. The stock hit a $1 trillion market cap early Tuesday, but has since fallen below that mark. Investors fear it is overbought, bracing for further pullbacks in the near future. The stock is currently held in Cramer's Charitable Trust portfolio.

Persons: Jim Cramer Organizations: Nvidia, Trust

☆ Premarket stocks: Wall Street's 'fear gauge' is rising as US debt talks drag on
▼ + stars: | 2023-05-16 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Markets will get volatile, maybe the stock market will go down, the Treasury markets will have their own problems,” he said. But this fear of market volatility isn’t going away. A similar fight around the debt ceiling in 2011 spurred a serious bout of market volatility. Wall Street’s key measure of volatility, the VIX, reached two year highs and soared more than 35% in just one day. Wall Street typically uses the VIX, known as the market’s “fear gauge,” as a way to measure how investors feel about financial and economic uncertainties.

☆ Will history repeat? Here are Club stocks that were great buys during 2011 debt-ceiling market swoon
▼ + stars: | 2023-05-15 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +9 min

Concern about a potential U.S. government default has only mounted in recent days, contributing to back-to-back weekly losses in the S & P 500. By Feb. 7, 2012, the S & P 500 closed above its late-July peak. A similar rationale seems to explain why TJX Companies (TJX) had the third-best relative performance, falling only 5.9% during the 2011 debt-ceiling jitters. TJX had a great rest of the year, too, gaining 22% from the S & P 500 index's 2011 August bottom to year-end. What's more, 12 Club stocks finished 2011 higher than their July 22 close, the S & P 500's late-July peak that year.

☆ Apple's profit report is the market's next big test now. JPMorgan breaks down whether it can deliver
▼ + stars: | 2023-05-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

With the Federal Reserve's rate decision now in the rear view mirror, the next major test for markets will come from Apple 's March quarter earnings, scheduled for release postmarket Thursday. The largest tech companies so far this earnings season appear to be faring better-than-feared, despite expectations for broad earnings declines compared to a year ago. Some of those "dissimilarities" include stabilizing growth rates "more evident for other Big Tech companies versus Apple's set up for revenue and earning declines," he said. However, "fundamental drivers" for Apple and its stock differ from most of its Big Tech rivals, Chatterjee noted. Apple reports fiscal second quarter results Thursday covering the calendar first quarter, as Apple's fiscal year ends on Sept. 30.

☆ Morningstar's chief U.S. market strategist shares his outlook for the economy and ways to play the market turbulence ahead
▼ + stars: | 2023-04-27 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

But even in a turbulent environment, there are value opportunities for investors who look carefully, according to Dave Sekera, Morningstar's chief U.S. market strategist. "We think the stock market is undervalued," Sekera told CNBC during an interview at the Morningstar Investment Conference in Chicago. "However, I'd say at this point, the easy returns have already been made thus far this year, and I do see a rough road ahead for the next couple of quarters for the stock market in general." For regional bank stocks, Morningstar expects earnings to slowly decline through 2023. Today, Morningstar views many of those names, in areas such as energy, healthcare and consumer defensives, as fully valued.

April 19 (Reuters) - Netflix Inc's (NFLX.O) shares fell nearly 3% on Wednesday after the streaming pioneer forecast current-quarter revenue and profit below Wall Street estimates, hit by a delay in the wider roll-out of its solution to password sharing. The company will now launch paid sharing widely, including in the U.S., between April and June. It reported a rise in subscriber growth in the first quarter in Canada - one of the markets where it has cracked down on password sharing. The move is expected to result in some knee-jerk churn and near-term earnings risks but should ultimately pay off, analysts said. "The next few months will likely be noisy as paid sharing headline risk grows louder, but we'd be buyers of related pullbacks," J.P.Morgan analyst Doug Anmuth said.

☆ Top Wall Street analysts say buy these stocks amid the latest macroeconomic uncertainty
▼ + stars: | 2023-04-16 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Domino'sWall Street analysts are focusing on companies that are well-positioned to navigate the ongoing economic turmoil and emerge stronger. Here are five stocks chosen by Wall Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Moskowitz holds the 237th position among more than 8,300 analysts followed by TipRanks. Costco recently reported 0.5% growth in its March sales to $21.71 billion, with its comparable sales declining 1.1% year-over-year. Saleh reiterated a buy rating on Domino's with a price target of $400.

☆ Ether's strong first-quarter performance was upstaged by bitcoin. Here's what comes next
▼ + stars: | 2023-04-03 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +6 min

Bitcoin opened investors' eyes to the diversity of its narrative as its price fought a banking crisis, a regulatory crackdown and persistent inflation. Further, some see technological advances on the Ethereum network as laying the groundwork for the new cycle. That breakthrough accelerated its development pathway, allowing major Ethereum blockchain upgrades on the regular, Hougan added. "There are positives and negatives that could come from the Shanghai upgrade," he said. The Shanghai upgrade follows the Ethereum Merge , the September transition of the network from proof-of-work to proof-of-stake.

☆ Bernstein's market-beating stock model loves 4 Club holdings. Here's where we stand on each
▼ + stars: | 2023-03-29 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

Four Club holdings — including Meta Platforms (META) and Pioneer Natural Resources (PXD) — are among the 12 best-positioned stocks right now, investment bank Bernstein told clients Wednesday. A third characteristic shared by all 12 stock is not being a so-called "crowded trade," as measured by Bernstein's Crowding Model. Meta Platforms Bernstein's take: Meta's aggressive cost-cutting efforts are likely factored into the social media giant's stock price in full, according to the firm. Pioneer Natural Resources Bernstein's take: Pioneer has "the simplest and most reliable" operating model within the energy sector, analysts wrote. Devon Energy Bernstein's take: The firm sees Devon as the best "turnaround story" in the U.S. shale sector, noting that past performance has sometimes been "marred by shaky strategic decisions."

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