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☆ Eli Lilly's earnings rally is not done yet — plus, why TJX has stayed resilient in the volatility
▼ + stars: | 2024-08-09 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. It's a big one for retail with earnings from Home Depot and Walmart and, more broadly, the Commerce Department's July retail sales report. 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, Eli Lilly, Cowen, TJ Maxx, we'll, Jim Cramer's, Jim Organizations: CNBC, Taiwan Semiconductor Manufacturing Company, Apple, Nvidia, Management, Home Depot, Walmart, Commerce, TJX, Reserve, Jim Cramer's Charitable Locations: Marshall's

☆ Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3%
▼ + stars: | 2024-08-02 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, the Labor Department reported Friday. The unemployment rate edged higher to 4.3%, its highest since October 2021. "Temperatures might be hot around the country, but there's no summer heatwave for the job market," said Becky Frankiewicz, president of the Manpower Group employment agency. From a sector standpoint, health care again led in job creation, adding 55,000 to payrolls. The labor force also contracted by 214,000, though the participation rate as a share of the working-age population actually edged higher to 62.7%.

Persons: Nonfarm payrolls, Dow Jones, Becky Frankiewicz Organizations: Labor Department, Stock, Manpower Group Locations: U.S

☆ Disney slides on concerns about its theme parks. That should not be a surprise
▼ + stars: | 2024-07-23 | by ( Morgan Chittum | ) 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. The S & P 500 edged slightly higher Tuesday as investors awaited quarterly earnings releases after the close from influential tech companies. This follows CNBC-parent Comcast's quarterly earnings on Tuesday, which missed revenue estimates due to weakness in theme parks and film studios. 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 .

Persons: Jim Cramer, Danaher, that's, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Dow Jones, Google, YouTube, NFL, Walt Disney, Club, Disney

Analyst Mauricio Serna also raised his price target to $20 from $13, indicating 57.6% upside potential from where shares closed on Thursday. Barclays also lowered its price target to $47 from $55, indicating 11.4% downside from Thursday's close. Analyst Benjamin Swinburne has a $780 price target on shares, indicating shares could rise 20% from Thursday's close. Cahall raised his price target to $758 from $726, suggesting nearly 18% upside potential from the stock's close price on Thursday. His new price target of $190, up from $107, implies upside of 20% from Thursday's close.

Persons: Morgan Stanley, Mauricio Serna, Serna, — Hakyung Kim, Barclays downgrades Molson Coors, Lauren Lieberman, BUD YTD, Hakyung Kim, Benjamin Swinburne, Swinburne, Doug Anmuth, Anmuth, Wells, Steven Cahall, Cahall, Arm Holdings Morgan Stanley, Lee Simpson, Simpson, GenAI, Fred Imbert Organizations: CNBC, Netflix, Arm Holdings, UBS, Barclays downgrades, Barclays, bearish, Molson Coors, NFLX's, Holdings, ARM Locations: Serna, Thursday's, Wells Fargo

☆ Here are ways to play the real estate sector in the second half if the Fed cuts rates
▼ + stars: | 2024-07-13 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

If Thursday's move into real estate stocks is reflective of a bigger trend, there's still time to make winning investments in the housing sector. As big technology stocks tumbled, traders jumped into real estate-connected holdings on a hunch that the sector would benefit from a lower-rate environment. Exactly 55% of analysts rate the stock a buy, with an average price target showing shares can rise close to 15%. About 2 out of every 3 analysts rate the stock a buy, and the average price target implies shares can climb almost 20%. The average price target reflects further upside of more than 16% over the next year.

Persons: Wells, Sam Reid, Reid, Azek, Reuben Garner, Seth Sigman, Sigman Organizations: Home, CNBC Pro, CNBC, Toll, Barclays Locations: U.S, Wells Fargo

☆ The best small- and midcap stocks to buy this summer, according to Oppenheimer
▼ + stars: | 2024-07-10 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

With the second half of the year underway, Oppenheimer is highlighting what it calls its top small- and midcap seasonal standout investment ideas. On the basis of price charts alone, Oppenheimer tapped midcap growth stocks as its top rotation idea from a technical perspective. Oppenheimer has a $20 price target on Zeta, implying 18% upside from Tuesday's close. In a note last month, RBC Capital Markets also rated Zeta outperform with a price target of $20. In this area, Oppenheimer likes Viking Therapeutics , reiterating the stock as one of its best ideas.

Persons: Oppenheimer, Russell, Brian Schwartz, Zeta, Novo Nordisk's Wegovy, Eli Lilly's Zepbound, Jay Olson, Freshpet Organizations: Oppenheimer, Zeta Global Holdings, Zeta, RBC Capital Markets, Novo Nordisk's, Viking Therapeutics, Therapeutics Locations: Zeta, Novo

☆ Constellation delivers beer profits, but weakness in wine prompts a downgrade
▼ + stars: | 2024-07-03 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Constellation Brands reported an earnings beat on Wednesday that was driven by strength in its beer business. Constellation Brands Why we own it : We like Constellation Brands for its beer franchise, which includes popular Mexican brands Modelo, Corona and Pacifico. We would like Constellation to concentrate on beer and divest its wine and spirits business. We were again pleased to see that the increase in beer sales was driven by strong growth in shipment volume. Net sales are expected to increase 6% to 7%, driven by 7% to 9% growth in beer.

Persons: Bill Newlands, outperformance, Depletions, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Constellation Brands, Modelo, Anheuser, Busch Inbev, Molson Coors, Management, Modelo Especial, Modelo Chelada, Guidance Management, Enterprise, Jim Cramer's Charitable, CNBC Locations: Corona, Pacifico, Covid, U.S, San Rafael , California

☆ Chinese EV stocks surge after EU slaps up to 38% additional import tariffs
▼ + stars: | 2024-06-13 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +5 min

Citi analysts said the EU's additional tariffs were "generally benign," while one analyst from Morningstar pointed out that the additional duties were "modest" in comparison to U.S. hikes on Chinese EVs last month. Stock Chart Icon Stock chart icon BYD vs GeelyOn Wednesday, the EU said it would impose extra tariffs on Chinese EV players with a large footprint in Europe. BYD will be subject to additional tariffs of 17.4%, Geely will get an extra 20% duty. Citi analystsThe EU said in a statement it has provisionally concluded that Chinese EV makers benefits from "unfair subsidization," which resulted in "threat of economic injury" to EU's EV industry. watch nowThe additional duties come after the EU launched a probe in October.

Persons: Geely, Li, Morningstar, Joe Biden, Vincent Sun, Europe Joseph Webster, Webster, BYD, Tesla, Paul Triolo Organizations: Automotive Exhibition, Getty, Nurphoto, European Union, Li Auto, SAIC, Citi, EU, EV, Morningstar, Wednesday, Ministry of Commerce, Atlantic Council's Global Energy Center, Volvo, Nomura, Albright, Group Locations: Beijing, China, Geely, EU, Europe, U.S, Hungary, Swedish, Belgium

Stock price information reflected on a window at the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023. European markets closed lower Tuesday, as positive momentum from the past few days faltered. The pan-European Stoxx 600 provisionally closed 0.5% lower, with all major bourses and most sectors in the red. Mining stocks stocks lost 2.3% while health-care stocks were the biggest gainer, adding 0.8%. Banking stocks shed 2.1%, with Italy's UniCredit losing more than 4%, as investors looked ahead to the European Central Bank's latest interest rate decision later this week.

Persons: Italy's UniCredit Organizations: Banking, Central, Maersk, ECB Locations: Paris, France, Danish

☆ Here are Thursday's biggest analyst calls: Apple, Nvidia, Salesforce, Amazon, Okta, Eli Lilly, Cava, PayPal & more
▼ + stars: | 2024-05-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Goldman Sachs initiates Abbott Labs as buy Goldman said Abbott is well positioned for growth. UBS reiterates Apple as neutral UBS said its checks show iPhone pressure remains in China and the U.S. for Apple. Goldman Sachs reiterates Eli Lilly as neutral Goldman raised its price target on Eli Lilly to $785 per share from $740. Goldman Sachs reiterates Salesforce as buy Goldman said it's sticking with the stock following earnings on Wednesday. Goldman Sachs initiates AstraZeneca, Novartis and Novo Nordisk as buy Goldman initiated several biotech company's on Thursday and says it sees "innovation momentum a key focus."

Persons: Baird, OKTA, Goldman Sachs, Abbott, Goldman, Piper Sandler downgrades Cava, Piper, Eli Lilly, Wells Fargo, Wells, Mizuho, Wedbush, Daiwa, Stifel, it's, Salesforce, CRM's, Redburn, Guggenheim, Generac Organizations: UBS, Apple, Mizuho, PayPal, Bank of America, Gross, Amicus, USM, First, Deutsche Bank, Deutsche, JPMorgan, Nvidia, Technology, Northland, AstraZeneca, Novartis, Novo Nordisk, of America, TAM, Guggenheim Locations: China, Corning, Northland, 4Q24

☆ Amazon is winning the biggest dollar share of new retail spending — and by a lot
▼ + stars: | 2024-05-28 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Amazon is winning the biggest dollar share of new retail spending — both online and brick-and-mortar — and it's not even close. AMZN YTD mountain AMZN stock performance year-to-date. Morgan Stanley said Walmart 's performance this year is "not too shabby" but a distant second to Amazon. Amazon has been benefitting from the consumer's continued shift to buying stuff online, a trend that should benefit AMZN stock. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: it's, Morgan Stanley, Zev Fima, Amazon's, We've, Jim Cramer's, Jim Cramer, Jim Organizations: Amazon, Walmart, Management, Deal, CNBC, Getty Locations: America

☆ CNBC Daily Open: Wall Street hits record, 'Thee rate cuts'
▼ + stars: | 2024-05-16 | by ( Abid Ali | ) www.cnbc.com time to read: +2 min

The Charging Bull is seen on an empty Wall Street on April 20, 2020 in New York City. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Wall Street hits record highThe S&P 500 and the Nasdaq rose to record highs after inflation data came in lower than expected. All three major indexes closed at record highs. Asia up, Japan's GDP shrinksAsia-Pacific markets rose on Thursday after Wall Street hit record highs.

Persons: Buffett, Chubb, Warren, Berkshire Hathaway, Seng, Biden, Morgan Stanley Organizations: CNBC, Nasdaq, Dow Jones Industrial, Federal, Tech, Nvidia, Apple, Microsoft, GameStop, AMC, Berkshire, Wall, Nikkei, U.S Locations: New York City, Zurich, Asia, Pacific, China

☆ Tech sits out Thursday's rally as the S&P 500 inches closer to its March record
▼ + stars: | 2024-05-09 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Thursday's gains put the S & P 500 less than 1% away from its record close on March 28. Tech sits out: The only S & P 500 sector in the red Thursday was technology. A bunch of solar stocks, which fall under the tech bucket, were lower after SolarEdge gave disappointing second-quarter guidance. S & P leaders: The top-performing sectors in the S & P 500 on Thursday were real estate, utilities and energy. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Dow, Stocks, We'll, we'll, SolarEdge, It's, Jayshree, What's, Jim Cramer's, Jim Organizations: CNBC, University of Michigan's, Tech, Arm Holdings, Arista Networks, Dow, Utilities, Technologies, Insulet Corp, Akamai Technologies, Jim Cramer's Charitable Locations: SolarEdge, Salesforce

☆ Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty
▼ + stars: | 2024-05-04 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +13 min

Youth unemployment, income inequality, regional disparities, and Russian oil remain big problems. But the work starts there, as he'll have to navigate thorny issues such as youth unemployment, income inequality, and reliance on sanctioned Russian oil. "The other key economic policy was JAM — the trinity of bank accounts for the poor, mobile numbers and a biometric card. Indian demand for Russian oil has cooled in recent months as new sanctions have made it more expensive, but the buying remains controversial. Alexandr Demyanchuk/AFP/Getty ImagesIndia the IT hubUnder Modi, India has made big strides in modernizing its economy, combating bureaucracy, and appealing to foreign investors.

Persons: Narendra Modi, Elon Musk, Jamie Dimon, Tim Cook, —, Modi, Goldman Sachs, JPMorgan's Dimon, He's, Musk, Apple's Cook, Joe Biden, Sundar Pichai, Anna Moneymaker, Jensen Huang, Satya Nadella, Alphabet's Sundar Pichai, Richard Rossow, Demonetisation, Kunal Sen, Sen, Tim Graham, Rossow, tycoons Mukesh Ambani, Gautam Adani, Mukesh Ambani, Isha Piramal, Rihanna, Shloka Mehta Ambani, Akash Ambani, Radhika Merchant, Anant, Radhika, Ambani, they'd, Neelima Jain, Vladimir Putin, Alexandr Demyanchuk, Sanjay Shetty, Shetty Organizations: Service, titans, Monetary Fund, Gross, World Bank, Economic, of New, Google, Apple, Nvidia, Microsoft, India, Studies, Center for Strategic & International Studies, United Nations, United Nations University World Institute for Development Economics, University of Manchester, International Labor Organization, Oxfam, Bloomberg, Reliance Industries, Adani, CSIS, Indian, Shanghai Cooperation Organisation, Getty, Modi, Big Tech, Randstad, Economic Times Locations: India, Britain, Japan, Germany, China, of New York, Nimaj, Rajasthan, North Korea, Bihar, Uttar Pradesh, Russia, Ukraine, Europe, Moscow, Western, Samarkand, AFP, Randstad India

☆ McDonald's is still a share gainer despite sales slowdown, says Brian Harbour
▼ + stars: | 2024-04-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMcDonald's is still a share gainer despite sales slowdown, says Brian HarbourBrian Harbour, Equity Analyst at Morgan Stanley, discusses earnings from McDonald's and Starbucks.

Persons: Brian, Morgan Stanley Organizations: Equity, Starbucks Locations: Harbour

☆ Buy the dip on tech stocks like Apple and Nvidia ahead of earnings, Morgan Stanley says
▼ + stars: | 2024-04-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

There's still plenty of big tech-related stocks to buy ahead of earnings, Morgan Stanley said recently. The firm said investors should buy the weakness in stocks like Nvidia and Apple before the companies deliver their quarterly results. CNBC Pro combed through Morgan Stanley research to find stocks the firm likes as earnings season continues. Nvidia The firm said it's standing by shares of the AI chipmaker ahead of earnings in late May. Fortinet Fortinet is scheduled to report earnings on May 2 and Morgan Stanley continues to pound the table for the stock.

Persons: Morgan Stanley, Joseph Moore, NVDA, Moore, Meta Marshall, Keysight, Marshall, Fortinet Fortinet, Hamza Fodderwala, he's, Fodderwala, Fortinet, Dell, Q, Q revs, we'd Organizations: Nvidia, Apple, CNBC, Dell, Keysight Technologies, Apple's, NVIDIA

☆ Mark Zuckerberg's wealth may slide $25 billion in a day as Big Tech faces $350 billion sell-off
▼ + stars: | 2024-04-25 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Read previewMark Zuckerberg's fortune could shrink by $25 billion in a single day due to Meta's post-earnings slump. The cofounder and CEO of Facebook, Instagram, and WhatsApp's parent company was worth an estimated $175 billion at Wednesday's close, per the Bloomberg Billionaires Index. Zuckerberg has a stake of about 13% in Meta that was valued at around $170 billion at Wednesday's close. However, the stock price tumbled as much as 15% to $420 in premarket trading on Thursday, indicating Zuckerberg's shares are now worth $25 billion less at $145 billion. AdvertisementA $25 billion reduction in wealth in one day would be remarkable, as only the top 70 richest people in the world command fortunes of that size.

Persons: —, Zuckerberg, Bill Gates, Gates, Elon, Musk, we've Organizations: Service, Facebook, Bloomberg, Business, Microsoft, Big Tech, Meta Locations: Meta

☆ Procter & Gamble's strategic pricing shift should accelerate business growth this year
▼ + stars: | 2024-04-18 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

Those are key items to watch out for Friday morning when P & G reports its fiscal 2024 third-quarter earnings. Shares of P & G hit a multiyear high of $163 on March 28 — less than $2 per share below all-time highs reached in late April 2022. Traditionally for Procter, pricing has contributed low single digits to its earnings growth. In P & G's fiscal second quarter , pricing contributed 4% to sales growth, but volumes were down on a companywide basis. He expects to see a healthy organic growth rate consistent with the 4% organic growth reported in the second quarter.

Persons: Jeff Marks, Jim Cramer, Nik Modi, Modi, Procter, Jon Anderson, William Blair, Anderson, Ulta, Jim Cramer's, Jim Organizations: Procter, Gamble, CNBC, Federal Reserve, Fed, RBC Capital Markets, Anderson, China, National Exhibition, Convention Center, VCG, Getty Locations: U.S, North America, Shanghai, China

☆ Here's what stands in the way of stocks breaking free of the volatility we've been seeing
▼ + stars: | 2024-04-16 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +3 min

UnitedHealth was, by far and away, the biggest Dow stock gainer, up nearly 5% after a nice quarter. Not a Dow stock, but Morgan Stanley was among Tuesday's best S & P 500 performers, and it was also our top portfolio name on the session. 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, Jerome Powell, Powell, it's, Bond, Jeff Marks, Dow, UnitedHealth, Morgan Stanley, Jim Cramer's, Jim Organizations: CNBC, Federal Reserve, Fed, Dow Jones, Nasdaq, Dow, Abbott Laboratories, Procter, Gamble, Constellation Brands, Energy, Jim Cramer's Charitable Locations: Ukraine

☆ Modelo maker Constellation's upbeat forecast should send the stock to new highs
▼ + stars: | 2024-04-11 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

Constellation Brands reported better-than-expected quarterly earnings Thursday, driven by strength in its beer business that more than offset continued weakness in wines and spirits. Management's upbeat forecast for fiscal year 2025 should send the stock to new all-time highs. Constellation Brands Why we own it : We like Constellation Brands for its beer franchise, which includes popular Mexican brands Modelo, Corona and Pacifico. More importantly, the sales gains in the beer business are almost entirely driven by volume gains, not higher prices. Management cited Circana channel data as evidence that its beer business outperformed the total U.S. beer category and remained the top dollar sales share gainer.

Persons: Jim Cramer's, Bill Newlands, Beer, Crawford, Meiomi, Robert Mondavi, Jim Cramer, Jim, Justin Sullivan Organizations: Constellation Brands, Modelo, Anheuser, Busch Inbev, Molson Coors, Constellation, Modelo Especial, Corona, Pacifico, Management, High, Woodbridge, Lumina, Enterprise, CNBC Locations: Corona, Pacifico, STZ, Pacific, San Rafael , California

☆ Buy these five stocks with upside potential as April kicks off, Goldman Sachs says
▼ + stars: | 2024-03-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Goldman Sachs analysts have named a slew of stocks that could see upside as April rolls in. CNBC Pro combed through Goldman Sachs' research to find the firm's favorite stocks as of late. They include United Parcel Service, Nasdaq, Arcos Dorados , Global Payments and Arista Networks. "Management discussed various initiatives on market penetration and productivity with their impact on revenue and margin growth into 2026," he said. … Management discussed various initiatives on market penetration and productivity with their impact on revenue and margin growth into 2026.

Persons: Goldman Sachs, Arcos Dorados, Thiago Bortoluci, it's, Bortoluci, Alexander Blostein, Blostein, Goldman, Jordan Alliger, Alliger, ANET, …, Arcos, Cameron Bready, Josh Whipple … Organizations: CNBC, United Parcel Service, Nasdaq, Arcos, Global Payments, Arista Networks, Management, UPS, … Management Locations: America, Brazil, Arcos, Atlanta

TOKYO (AP) — Asian shares mostly rose Wednesday, encouraged by a record rally on Wall Street that was led by technology companies. Speculation is rife that Japan's central bank is getting ready to end its super-easy monetary policy, which has set interest rates below zero, and start raising rates. Photos You Should See View All 60 ImagesOn Wall Street, the S&P 500 jumped 1.1% to top its all-time high set last week. The worse-than-expected data kept the door closed for long-sought cuts to interest rates at the Federal Reserve meeting next week. On Wall Street, big technology stocks did heavy lifting.

Persons: Australia's, Korea's Kospi, ”, Tim Waterer, Brian Jacobsen, Chris Larkin, Morgan Stanley, ” Larkin, “, Dow, Brent Organizations: TOKYO, Nikkei, Bank of, KCM, U.S, Dow Jones, Nasdaq, Federal Reserve, Annex Wealth Management, Fed, Treasury, Oracle, Nvidia Locations: Hong, Shanghai, Wall

☆ What worked and didn't work this week from AI and cybersecurity to consumer stocks and gaming
▼ + stars: | 2024-03-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

AI trade: Market gains accelerated since the Morning Meeting, with both the Nasdaq Composite and S & P 500 rising to new all-time highs. Casino stocks : Wynn shares and other Macao gaming stocks fell after the region's Gaming Inspection and Coordination Bureau reported February gross gaming revenue (GGR). 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, Salesforce, Consumer Staples, Locker, Wynn, Stifel, Jim Cramer's, Jim Organizations: CNBC, Market, Nasdaq, Dell Technologies, Dell, Semiconductor, Energy, Tech, Consumer, Palo Alto Networks, Broadcom, Bausch Health, GE Healthcare, Health Care, Apple, Wynn Resorts, Wynn, Jim Cramer's Charitable Locations: U.S, China, Macao

☆ CEO says Hormel Foods is well-positioned as weight-loss drugs grow popular
▼ + stars: | 2024-02-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Hormel Foods CEO Jim Snee told CNBC's Jim Cramer on Thursday that his company is set up to do well as weight-loss drugs gain popularity, citing a varied "protein portfolio." Hormel Foods is known for brands like Planters, Skippy, Justin's and Spam. According to Snee, Hormel's protein products appeal to most consumers, as the company offers "affordable protein," "indulgent protein," "natural and organic protein," as well as meat and "non-meat" protein. The company has a variety of flavored Spam products, with maple Spam as its newest iteration. "We've got a couple of really neat flavors still yet to come in the next year or so," Snee said.

Persons: Jim Snee, CNBC's Jim Cramer, Snee, Hormel, We've Organizations: Hormel, Planters

☆ AI frenzy puts Nvidia briefly ahead of Amazon in market value
▼ + stars: | 2024-02-12 | by ( ) www.cnbc.com time to read: +1 min

Nvidia briefly surpassed Amazon.com Inc in market capitalization on Monday, as the euphoria around artificial intelligence catapulted the chipmaker to the fourth most valuable U.S. company. At a record high of $734.96, Nvidia was worth $1.82 trillion in market value, compared to $1.81 trillion for retail giant Amazon.com and a few billions away from Google-owner Alphabet's $1.87 trillion, according to LSEG data. The last time Nvidia was more valuable than Amazon was in 2002, when they were each worth under $6 billion. Expectations have run high heading into the report with shares gaining 47% year-to-date, making it the biggest gainer among S&P 500 components. The bet on strong AI demand has supercharged Nvidia shares, making it the best performing stock among the so-called "Magnificent Seven" with a 223% surge over the past 12 months.

Organizations: Nvidia, Inc, Google, Microsoft, Apple Locations: U.S

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