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☆ P&G flexes its pricing power again in its latest quarter. Wall Street rewards the stock
▼ + stars: | 2023-10-18 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +9 min

P & G's results Wednesday demonstrate that its recent outperformance compared with its staples peers is justified. Quarterly commentary Procter & Gamble delivered on key metrics such as gross margins and organic sales growth. Secondly, excluding declines in China, P & G's volume was up in the rest of the world. Consumers in Western Europe remain relatively resilient, Schulten said, while describing P & G's business in Latin America as "on fire." P & G paid out $2.3 billion in dividends in its fiscal first quarter while repurchasing $1.5 billion worth of common stock.

Persons: Gamble, —, we're, That's, Andre Schulten, it's, Schulten, Jim Cramer's, Jim Cramer, Jim, Joe Raedle Organizations: Procter, Gamble, Wednesday, Dow, Treasury, Walmart, Club, Costco Wholesale, Bunge Limited, Revenue, U.S, Wall, CNBC, Procter & Gamble, Getty Locations: China, U.S, Cincinnati, Western Europe, Latin America, Miami , Florida

☆ P&G tops quarterly profit estimates on pricing boost, resilient demand
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Timothy Aeppel/File photo Acquire Licensing RightsOct 18 (Reuters) - Procter & Gamble's (PG.N) quarterly sales and profit topped market expectations on Wednesday, helped by steady demand for its personal care products and cleaning supplies as well as price hikes. P&G has consistently raised prices of its products over the past several months. While that has led to weaker sales volumes as some cost-conscious shoppers turn to cheaper alternatives, the benefits from higher prices have helped bolster its profits. The Pantene shampoo maker saw overall prices jump 7% in the first quarter, while total sales volume dropped 1%, consistent with the levels seen in the prior quarter. The company posted a profit of $1.83 per share, above estimates of $1.72 per share.

Persons: Timothy Aeppel, G, Deborah Sophia Organizations: Procter, REUTERS, UBS, Gillette, Thomson Locations: Tabler Station, West Virginia, U.S, Bengaluru

☆ Stock Market Today: Morgan Stanley, P&G Earnings in Spotlight
▼ + stars: | 2023-10-18 | by ( ) www.wsj.com time to read: +1 min

Stock futures edged lower and oil prices rose as investors eyed more earnings from major companies and tracked the intensifying conflict in Gaza. Morgan Stanley 's stock fell premarket after it posted a drop in quarterly net income. Procter & Gamble reported a rise in quarterly profit , boosted by price increases. An explosion at a hospital in Gaza ratcheted up tensions, further spurring concerns of a wider regional conflict. Chinese stocks edged lower.

Persons: Morgan Stanley, Gamble, Biden Organizations: Procter, Netflix, Treasury, Nasdaq, Dow, Brent Locations: Gaza, China, Israel, Shanghai

☆ Stock Market News Today: Dow, S&P 500 Close Lower; Nvidia, Netflix Stocks in Focus
▼ + stars: | 2023-10-18 | by ( ) www.wsj.com time to read: +1 min

Long-term bond yields hit a fresh 16-year high, weighing on stocks already pressured by the conflict in Gaza and corporate earnings results. Higher bond yields make riskier assets like stocks look less attractive and push up borrowing costs for companies and households. Morgan Stanley's stock fell after the bank posted a drop in quarterly net income . Procter & Gamble shares gained after the company said its quarterly profit rose , boosted by price hikes. Brent crude rose 1.8% to $91.50 a barrel, lifted by concerns about the Israel-Hamas conflict and hopes for strengthening Chinese demand.

Persons: Biden, Morgan Stanley's, Brent Organizations: Treasury, Procter, Gamble, Netflix, Nasdaq, Semiconductor, Nvidia, AMD, Intel, United Airlines Locations: Gaza, Israel

☆ Stock Market News Today: Dow, S&P 500 Slip; Nvidia, Netflix Stocks in Focus
▼ + stars: | 2023-10-18 | by ( ) www.wsj.com time to read: +1 min

Long-term bond yields hit a fresh 16-year high, weighing on stocks already pressured by the conflict in Gaza and corporate earnings results. Higher bond yields make riskier assets like stocks look less attractive and push up borrowing costs for companies and households. Procter & Gamble shares rose after the company reported a rise in quarterly profit , boosted by price hikes. The S&P 500, the Dow industrials and the Nasdaq Composite all traded in negative territory. The yield on the benchmark 10-year note rose above 4.9%, set to close at the highest level since July 2007.

Persons: Biden, Morgan Stanley's, Brent Organizations: Treasury, Procter, Gamble, Netflix, Dow, Nasdaq, Semiconductor, Nvidia, AMD, Intel, United Airlines Locations: Gaza, U.S, Israel

Oct 16 (Reuters) - Nelson Peltz's activist hedge fund Trian Fund Management has built a stake in Allstate Corp (ALL.N), one of the insurers struggling to cope with the fallout of natural disasters such as the Maui wildfire in Hawaii, people familiar with the matter said. It has blamed natural disasters that are sometimes amplified by climate change for its poor performance. Allstate has hired investment bankers to advise it on how to handle Trian, the sources said. Allstate and Trian did not immediately respond to requests for comment. Trian has previously pushed for change at companies such as Procter & Gamble (PG.N), Unilever (ULVR.L) and Invesco (IVZ.N).

Persons: Nelson, Tom Wilson, Carl Icahn, Matthew, Walt Disney, Bob Iger's, Trian, Svea Herbst, Bayliss, David French, Greg Roumeliotis, Rod Nickel Organizations: Management, Allstate Corp, Allstate, Trian, Insurance, Walt, Procter, Gamble, Unilever, Svea, Thomson Locations: Hawaii, Northbrook , Illinois, New York

☆ Stock futures inch lower on Tuesday evening as earnings season picks up steam: Live updates
▼ + stars: | 2023-10-17 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Stock futures inched lower as earnings season gained steam and Wall Street looked ahead to more key financial reports on Wednesday. S&P 500 futures and Nasdaq-100 futures both edged lower by 0.1%. Wall Street continued to assess the impact of the ongoing Israel-Hamas war. While the earnings season may only be in its early innings, 83% of companies have so far topped earnings expectations, while about 70% have surpassed sales estimates, according to FactSet data. On the economic front, Wall Street awaits housing starts and building permits data for September.

Persons: Hunt, Stocks, Goldman Sachs, Anthony Saglimbene, Morgan Stanley Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, United Airlines, Treasury, Nvidia, Devices, U.S, Wall, Traders, Bank of America, Bank of New York Mellon, Ameriprise, Procter, Gamble, Netflix, Tesla Locations: New York City, China, Israel

☆ Israel-Hamas war risks further deglobalization and inflation
▼ + stars: | 2023-10-15 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

Washington, DC CNN —The global economy is facing tremendous uncertainty from the war between Hamas and Israel in the Middle East, on top of the ongoing war between Russia and Ukraine. They say Israel’s declaration of war against Hamas could be yet another catalyst for deglobalization, though the extent of that is still up in the air. If deglobalization does get exacerbated, what would that mean for inflation and monetary policy, globally? With deglobalization, you get a global economic environment that’s less competitive, and when there’s less competition, that is ultimately inflationary, causing prices to rise. Over the Covid era, China shut down production, disrupting the global supply chain, so deglobalization would bring some production back within US borders.

Persons: Wells, Bell, Brendan McKenna, that’s, Trump, there’s, Hanna Ziady, we’ve, ”, Avi Hasson, Patrick Harker, John Williams, Tom Barkin, Michelle Bowman, Tesla, Christopher Waller, Lisa Cook, Jerome Powell, Austan Goolsbee, Michael Barr, Raphael Bostic, Loretta Mester Organizations: CNN Business, Bell, DC CNN, Trump, Hamas, Nation Central, Philadelphia Fed, US Commerce Department, Federal Reserve, National Association of Home Builders, China’s National Bureau of Statistics, Procter & Gamble, United Kingdom’s, National Statistics, American Airlines, US Labor Department, Federal, Fed Locations: Washington, Israel, Russia, Ukraine, China, Wells Fargo, Gaza, deglobalization, United States, Mexico, US, Tel Aviv, New York

☆ Here are 3 things to watch in the stock market after a very difficult week
▼ + stars: | 2023-10-14 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +10 min

MS YTD mountain Morgan Stanley YTD We certainly hope Morgan Stanley's numbers are as good as Friday's report from our other bank holding Wells Fargo (WFC). Morgan Stanley is expected to grow revenue by more than 2% year over year to $13.2 billion in the third quarter. During a recent conference, Morgan Stanley executives said that capital markets will likely improve in 2024. Shares of Morgan Stanley have struggled this year, dropping more than 8% compared to the S & P 500's nearly 13% advance in 2023. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Stocks, WTI, Jerome Powell's, There's, Patrick Harker, John Williams, Harker, Austan Goolsbee, Lorie Logan, Powell, Christopher Waller, Philip Jefferson, Waller, Jefferson, – Morgan Stanley, Gamble –, Morgan Stanley YTD, Morgan, Jim Cramer, Morgan Stanley, there's, Gamble, Jim, we'll, Charles Schwab, Goldman Sachs, Johnson, Philip Morris, — CNBC's Zev Fima, Jim Cramer's, Spencer Platt Organizations: Nasdaq, Dow, Columbus Day, West Texas, Federal Reserve, Club, Fed, Market, Philadelphia Fed, New York Fed, Chicago Fed, Dallas Fed, United Auto Workers, General Motors, Chrysler, Ford, National Association of Realtors, Procter, Procter & Gamble, Natural Resources, Exxon Mobil, Coterra Energy, of America, United Airlines, Gamble, Housing, Netflix, Alcoa, American Airlines, Taiwan Semiconductor Manufacturing Company, Alaska Air, CSX, American Express, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Israel, U.S, New, Wells, KBW, Silicon, Manhattan, New York City

☆ Wall St Week Ahead Investors zero in on health of consumer with retail sales, earnings
▼ + stars: | 2023-10-13 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +4 min

The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. Retail sales data, due out on Tuesday, may have to walk a tightrope to satisfy investors. A survey on Friday showed U.S. consumer sentiment deteriorated in October, with households expecting higher inflation over the next year. Todd, of Greenwood Capital, is focused on insight from companies about the cumulative effect of "higher inflation and higher rates on the consumer." “The conclusions from the consumer next week, I think, is going to be bad news is good news."

Persons: Carlo Allegri, that’s, Hogan, ”, Walter Todd, Todd, Jack Ablin, Ablin, Lewis Krauskopf, Ira Iosebashvili, Jonathan Oatis Organizations: New York Stock, REUTERS, Procter & Gamble, Netflix, Federal, Riley, ”, Reuters, University of Michigan, Major, Greenwood Capital, Bank of America, America Airlines Group, Treasury, Cresset, Thomson Locations: Manhattan, New York City , New York, U.S, Israel, Major U.S

☆ Regional banks are in focus in the week ahead as third-quarter earnings season ramps up
▼ + stars: | 2023-10-13 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

Regional banks will be in focus in the week ahead as traders head into the thick of third-quarter earnings season. Regional bank earnings are also expected to be a weak point this season. But a closer look into the sector's sub-industries showed that regional banks are anticipated to have tumbled by 15% last quarter. Traders parsing through regional bank earnings will pay special attention to signs of narrowing net interest margins (NIM). Earnings season underway Many investors anticipate that the third-quarter earnings season will be alright.

Persons: Wells, Kumar, FactSet's John Butters, NIM, They'll, JPMorgan Chase, Jamie Dimon, Goldman Sachs, Morgan Stanley, FactSet's Butters, Nancy Tengler, Lauren Goodwin, we'll, Goodwin, Charles Schwab, Lockheed Martin, Goldman, Zions, Kinder Morgan, Lam, McLennan, Philip Morris, Huntington Bancshares, —, Jesse Pound Organizations: Citigroup, JPMorgan Chase, Sri, Kumar, Silicon Valley Bank, Regional Banking, Dow Jones Industrial, JPMorgan, Hamas, Northern Trust, U.S . Bancorp, T Bank, Citizens Financial, Bank of America, Federal Reserve, Companies, Investments, New York Life Investments, Index, Johnson, Bank of New York Mellon, Goldman Sachs Group, Hunt Transport Services, Omnicom, United Airlines Wednesday, Housing, Elevance, Citizens Financial Group, Procter, Gamble, Abbott Laboratories, Discover Financial Services, Las Vegas Sands, PPG Industries, Steel Dynamics, Tesla, Netflix, Lam Research, Philadelphia Fed, Truist, Alaska Air Group, Fifth Third Bancorp, American Airlines Group, Marsh, Philip Morris International, Union, CSX, Comerica, Regions Financial, American Express, Interpublic, Cos Locations: Wells Fargo, Silicon, Ukraine, Israel, J.B, Las Vegas, Philadelphia, Truist Financial, Union Pacific, Freeport, Huntington

☆ Cramer's week ahead: Keep an eye on banks as earnings season kicks off
▼ + stars: | 2023-10-13 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Friday told investors what to look out for in the coming week as earnings season kicks off. "The war will continue to overshadow earnings season, but if you keep track of these companies and there's a cessation in the conflict, the market will eventually embrace the good ones," he said. Cramer will also be watching earnings from consumer packaged goods company Procter & Gamble and medical device maker Abbott Laboratories . Cramer also noted there was "suboptimal commentary" surrounding Netflix and Tesla , which will report Wednesday after the market closes. Cramer will also be looking at Friday reports from American Express and oil service giant SLB , formerly known as Schlumberger.

Persons: CNBC's Jim Cramer, Charles Schwab, Goldman Sachs, Cramer, Charles Schwab's, Lockheed Martin, Johnson, Morgan Stanley Organizations: Bank of America, Lockheed, United Airlines, Procter, Gamble, Abbott Laboratories, Netflix, Tesla, Union Pacific, American Express Locations: Israel, KeyCorp, Schlumberger

☆ Monthly Meeting Q&A with Jim Cramer on everything from tech to health care to industrials
▼ + stars: | 2023-10-12 | by ( Paulina Likos | ) www.cnbc.com time to read: +13 min

(Todd) Jim Cramer: I believe that the rally in oil was a short squeeze that is now over. (John) Jim Cramer: FTC chair Lina Khan does not have a strong antitrust case against Amazon (AMZN) – her arguments don't make sense. (Norman) Jim Cramer: We like to have something related to the housing cycle that could make money. (James) Jim Cramer: This is more of an art, not a science. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Jeff Marks, Jim Cramer, It's, Todd, Joe Biden, Tom Jorden, Donald, John, it's, Zev Fima, I've, Peter, Marc Benioff, Lina Khan, Khan, David, Rich Galanti, Eli Lilly, LLY, we've, Lilly, clobbered, Mounjaro, Stanley Black, Decker, that's, James, Michael Steinhardt, Rhonda, Vimal Kapur, Darius Adamczyk, Jim Organizations: Investing Club, Federal Reserve, Nvidia, Fed, Apple, Shark, ESPN, Our, Nasdaq, Amazon, Costco, Diabetes, Procter & Gamble, Honeywell, Electric, GE, Raytheon Technologies, CNBC Locations: Russia, China

☆ How our stocks have performed since the bear market bottom a year ago — and the lesson learned
▼ + stars: | 2023-10-12 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +7 min

The S & P 500 closed at its bear market low a year ago Thursday — ending Oct. 12, 2022, at its lowest close since November 2020 . In hindsight, that dramatic turnaround was the start of a rally that saw the S & P 500 climb 22% from the close on Oct. 12, 2022, through Wednesday. Palo Alto Networks, meanwhile, has successfully pivoted to profitability, joining the S & P 500 as a result, and repeatedly demonstrated the quality of its cybersecurity platform. Indeed, an exchange-traded fund that gives each S & P 500 constituent the same influence — the Invesco S & P 500 Equal Weight ETF — has advanced only 11.2% since Oct. 12, 2022. Viewed through the top-heavy rally lens, though, it's not a surprise to see a number of Club stocks underperforming the S & P 500.

Persons: Jim Cramer, Jim, they're, That's, ChatGPT, Eli Lilly's, that's, There's, we've, it's, didn't, Estee Lauder, Jim Cramer's, Michael Nagle Organizations: Nvidia, Meta, Broadcom, Oracle, Microsoft, Facebook, Palo Alto Networks, Coterra Energy, Costco, Procter, Gamble, GE Healthcare, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: Mounjaro

☆ Here's a rapid-fire update on all 36 stocks in our portfolio, including our latest addition
▼ + stars: | 2023-10-11 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +16 min

Here's a rapid-fire update on all stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. After reducing expenses to improve margins on its retail business, Jim said it's on the right track. Costco Wholesale (COST): Costco remains one of Jim's favorite stocks in the entire our entire portfolio. Ford Motor (F): Jim expressed confidence in Ford CEO Jim Farley, as the targeted United Auto Workers strike approaches the one-month mark. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, there's, it's, Bausch, we're, We've, Coterra, Dupont, We're, Nelson Peltz, Peltz, Estee Lauder, Patience, Fabrizio Freda, Emerson, Jim Farley, Ford, Locker, Mary Dillon, GEHC, Vimal Kapur, Bruce Broussard, Broussard, he's, Eli Lilly, Lilly, Mark Zuckerberg, Morgan Stanley, Morgan Stanley's, James Gorman, Laxman Narasimhan, Elliott, Stanley Black, Decker, Piper, Wells Fargo, Wells, Jim Cramer, Jim Cramer Rob Kim Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Federal Trade, Broadcom, VMWare, Bausch Health, Caterpillar, Costco Wholesale, Costco, Coterra Energy, Exxon Mobil, Natural Resources, Disney, ESPN, Hulu, Comcast, Emerson, National Instruments, Ford, United Auto Workers, Nike, GE Healthcare, Electric, GE, Honeywell International, Honeywell, Humana, Linde, LIN, Microsoft, Nvidia, Oracle, Alto Networks, cyberattacks, Palo Alto Networks, Procter & Gamble, Pioneer, Exxon, Constellation Brands, Elliott Management, FactSet, TJX, Marshalls, Wynn Resorts, WYNN, Jim Cramer's Charitable Locations: China, U.S, Maxx, Las Vegas, Boston, Macau, Asia

☆ 15 stocks with a history of dividend growth are expected to deliver once again this year
▼ + stars: | 2023-10-10 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +5 min

Broadcom (AVGO), Caterpillar (CAT) and Eli Lilly (LLY) are among the 15 Club stocks with a streak of annual dividend growth that Wall Street expects to continue in their current fiscal years. Long-term investors should look to own companies with a history of dividend growth instead of chasing stocks with high yields, Morgan Stanley strategists said in a note to clients this week. However, Morgan Stanley's note made us curious to screen our portfolio for stocks with strong dividend growth track records that are expected to persist. To help us project which stocks will keep their dividend growth streaks alive, we also examined analyst estimates for total per-share payouts in their current fiscal year. Bottom line In any case, dividend growth over time is certainly welcome and can help increase total investment return, assuming the distributions are reinvested instead of taking cash.

Persons: Eli Lilly, Morgan Stanley, Jim Cramer, —, Jim, Morgan Stanley's, Stanley Black, Decker, Eli Lilly Honeywell, we're, Gamble, Jim Cramer's, Spencer Platt Organizations: Broadcom, Caterpillar, Trust, Club, Companies, Natural Resources, Procter, Gamble, Emerson Electric, Apple, Broadcom Costco Wholesale, LIN, Microsoft, Oracle, CNBC, New York Stock Exchange, Getty

☆ Morgan Stanley says stock market may break down again so buy these top dividend payers
▼ + stars: | 2023-10-09 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Markets could remain under pressure through the end of the year, and high dividend stocks are one option to help investors through the uncertainty, according to Morgan Stanley. Investors are also assessing pressures on the market driven by the surprise attack on Israel by Palestinian militant group Hamas over the weekend. To play another potential breakdown in the market, Morgan Stanley highlighted several dividend stocks that combine yield (how much a company pays out in dividends each year), dividend growth (how much that dividend grows over a period of time) and stability, and that look attractive on a three- to five-year basis. Morgan Stanley projects yields of 9.6% for Energy Transfer in 2024 and 9.9% for MPLX, a master limited partnership created out of Marathon Petroleum that operates crude oil and refined product pipelines. The bank's preference in tobacco is Philip Morris , whose 2024 dividend yield could be 5.5%, according to Morgan Stanley.

Persons: Morgan Stanley, Mike Wilson, Wilson, Philip Morris, they're, Hess, Morgan Stanley's, — CNBC's Michael Bloom Organizations: Hamas, Energy, Marathon Petroleum, Procter & Gamble, Colgate, Palmolive, Financial, Verizon Locations: Israel, Palestinian

☆ Bonds, oil and the dollar: What investors need to know about these 3 headwinds for stocks
▼ + stars: | 2023-10-03 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +11 min

We're talking about this year's rise in bond yields, oil prices and the dollar — all at the time same. Nevertheless, bond yields, oil prices and the dollar always have far-reaching implications for the stock market. "The higher yields, that's what's been pressuring the equity market," Wharton School professor Jeremy Siegel said Monday on CNBC. In early September, the two countries announced their supply cuts would extend through year-end, a surprise decision that added upward pressure on oil prices. The picture is less clear-cut when considering the impact higher oil prices can have on consumers and non-energy companies.

Persons: —, what's, Jeremy Siegel, Brent, WTI, It's, Siegel, Wharton's Siegel, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nasdaq, U.S, multiweek United Auto Workers, General Motors, Club, Ford, Wharton, CNBC, Federal, Fed, Dow Jones, West, Brent, Natural Resources, Coterra Energy, Consumers, JPMorgan, Procter, Gamble, Apple, New York Stock Exchange, Getty Locations: U.S, Ukraine, West Texas, Saudi Arabia, Russia, tailwind, headwind

☆ Here's why Jim Cramer sees opportunity in the troubled stock of spice maker McCormick
▼ + stars: | 2023-10-03 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +1 min

McCormick (MKC) is increasingly becoming an attractive investment opportunity, CNBC's Jim Cramer said Tuesday, as shares of the spice maker sank after a mixed before-the-bell earnings report. McCormick shares, which ended 2019 at roughly $85 apiece, traded around $68 each Tuesday. If you like this story, sign up for Jim Cramer's Top 10 Morning Thoughts on the Market email newsletter for free. Overall, Cramer said he believes McCormick's business is doing well while acknowledging some pain points in the company's third-quarter results. The recent weakness in McCormick's stock may be tied to U.S. government bond yields reaching multiyear highs, Cramer suggested.

Persons: McCormick, CNBC's Jim Cramer, Covid, Cramer, Jim Cramer's, That's, Estee Lauder Organizations: Cramer's Charitable Trust, CNBC, Procter, Gamble, Constellation Brands Locations: China, Cramer's

☆ The market is 'at a level where we have to do some buying,' Jim Cramer says
▼ + stars: | 2023-09-28 | by ( Jeff Marks | ) 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. But Jim Cramer said Thursday that he expects yields to peak soon, which should bolster the stock market. 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.

Persons: Jim Cramer, Jim, Stanley Black, Decker, Mizuho, Jim Cramer's Organizations: CNBC, Treasury, Procter & Gamble, Broadcom, GE HealthCare Mizuho, GE HealthCare, Mizuho, Costco, TJX, Club, Costco Wholesale

PG YTD mountain Procter & Gamble YTD We previously sold 100 shares of Procter & Gamble at around $152 at the beginning of July . This is generally our style when repurchasing shares sold higher. AVGO YTD mountain Broadcom Lastly, we're stepping back in on Broadcom as shares appear to be stabilizing, having found support at a level slightly above $800. 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, Jim's, we're, we'e, Gamble YTD, Jim Cramer, Jim, Jim Cramer Rob Kim Organizations: Stanley, Procter & Gamble, Broadcom, SWK, AVGO, Procter, Gamble, Google, CNBC

The data, compiled by NielsenIQ, showed overall sales volumes for shower gel, tampons, dishwashing products, laundry detergent and toilet paper declined in the year ended Sept. 17. Reuters GraphicsMajor brands like Ariel laundry detergent and Dove soaps have for years dominated the market versus retailers' private label goods. But the NielsenIQ data shows volumes for private label personal products are inching up while those for big brands decline. For instance, shower gel volumes fell 6% overall and 10% for big brands but rose 14% for private label products. Similarly, while laundry detergent volumes were down about 2% across the category and fell 10% for big brands, they surged 28% for private label brands.

Persons: Sarah Meyssonnier, NielsenIQ, Anton Delbarre, Emmanuel Macron's, Bernstein, Bruno Monteyne, Alexandre Bompard, Henkel, Eurocommerce, Richa Naidu, Helen Reid, Matt Scuffham, Catherine Evans Organizations: Carrefour, REUTERS, Unilever, Reuters, Nestle, Pepsico, Reuters Graphics, Consumer, Procter, Gamble, Delbarre, Thomson Locations: Montesson, Paris, France

☆ Emily Glazer — Reporter at The Wall Street Journal
▼ + stars: | 2023-09-22 | by ( Emily Glazer | ) www.wsj.com time to read: +1 min

Emily GlazerEmily Glazer is a reporter focusing on large public company CEOs, board members and corporate governance for The Wall Street Journal's corporate bureau in New York. Her stories often delve into companies going through major changes, such as CEO succession, board shakeups, regulatory investigations or structural shifts. She has covered the evolving role of business leaders impacted by the pandemic and Environmental, Social and Governance factors. Emily also contributes to the Journal’s Personal Board of Directors columns and CEO Council events. Emily has reported for Dow Jones since 2008 in New York, San Francisco and Los Angeles.

Persons: Emily Glazer Emily Glazer, Emily, Morgan Chase, Wells, George Polk, Gerald Loeb, Dow Jones Organizations: The, Social, Procter, Gamble, New York Press Club, News Media Alliance, Society of American Business, Facebook, Business, Beat, Public Service, Medill School of Journalism, Northwestern University Locations: New York, Wells Fargo, Avon, Herbalife, San Francisco, Los Angeles

☆ Our takes on new Wall Street research analyzing 4 Club consumer stocks
▼ + stars: | 2023-09-22 | by ( Paulina Likos | ) www.cnbc.com time to read: +8 min

There was lots of consumer stock research from Wall Street on Friday, including reports on Club names Costco (COST), Procter & Gamble (PG), beer maker Constellation Brands (STZ) and off-price retailer TJX Companies (TJX). HSBC also said Costco's premium stock multiple is worth it given management's strong execution, sustainable competitive advantages, and growth outlook. The analysts said that P & G has built "one of the strongest set of capabilities in the consumer staples sector." You will not see us trade Costco. TJX YTD mountain TJX Companies YTD In a note Friday, UBS sees department stores still losing share to off-price retailers in both sales and earnings before interest and taxes (EBIT) dollars over the next 10 years and beyond.

Persons: We're, Goldman Sachs, Goldman, Bill Newlands, Jim, TJX, It's, Jim Cramer's, Jim Cramer Organizations: Wall, Costco, Procter, Gamble, Constellation Brands, TJX Companies, HSBC, Coresight Research, Gamble YTD HSBC, Constellation, Modelo, Corona, Constellatio Brands, Elliott Management, UBS, Marshalls, Burlington, Ross Stores, CNBC, Corbis, Getty, & & $ Locations: U.S, Mexican, Maxx, Teterboro , New Jersey

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