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☆ Cramer: Costco not done 'saturating the world' as new China store lures massive crowds
▼ + stars: | 2024-01-12 | by ( Paulina Likos | ) www.cnbc.com time to read: +1 min

Wholesale retailer Costco has a high-quality problem on its hands, CNBC's Jim Cramer said Friday in response to the "shopping frenzy" at its new China store. Costco, the membership-only global wholesale retailer who has a majority of stores in the United States, is not done "saturating the world," Jim Cramer said Friday. "If you have thousands of people for a new store, I think you have room for more Costcos," he added. Cramer's Charitable Trust, the portfolio used by the CNBC Investing Club, has a stake in Costco. Here's a full list of the stocks in Jim's Charitable Trus t, the portfolio used by the CNBC Investing Club.

Persons: CNBC's Jim Cramer, Jim Cramer's, Jim Cramer, Costco's Organizations: Costco, Bloomberg, Cramer's Charitable Trust, CNBC, Here's Locations: China, Costco's, Shenzhen, United States, Cramer's

☆ Meta was our second-best stock performer last year. Here's what we see in store for 2024
▼ + stars: | 2024-01-05 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Meta Platforms ' savvy use of artificial intelligence and untapped potential in business messaging are reasons why we see more upside ahead for the stock in 2024. The stock nearly tripled last year and was the second-best performing Club stock behind Nvidia . Here's a timeline of Meta's stock performance around earnings in 2023. Outside of AI, Meta continues to grow its successful business messaging across its services. Given that TikTok's Chinese owner ByteDance is facing backlash from U.S. officials, a potential TikTok ban in the U.S. would be a major catalyst for Meta stock.

Persons: Meta, Mark Zuckerberg, Zuckerberg, Jim Cramer, We're, ByteDance, Jim Cramer's, Jim, Benoit Tessier Organizations: Nvidia, Meta, Facebook, UBS, Hamas, Reality Labs, Meta's, Apple, CNBC, Inc, Viva Technology, Porte de Locations: U.S, Porte, Paris

☆ We see weakness in Procter & Gamble stock following restructuring in certain markets as an overreaction
▼ + stars: | 2023-12-05 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

It's always interesting to see how patterns in consumer spending can mirror stock market performance. Elsewhere, we're still seeing weakness in Procter & Gamble (PG) after it announced a restructuring in certain markets, including Argentina and Nigeria. 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, billings, we're, Jim Cramer's, Jim Organizations: CNBC, Big Tech, Treasury, American Express, Procter & Gamble, Morgan, Care, Jim Cramer's Charitable Locations: Argentina, Nigeria, China

☆ Bernstein names Amazon its 'best idea' for internet stocks in 2024. We see a lot to like, too
▼ + stars: | 2023-12-05 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Club holding Amazon (AMZN) is a stock to own going into 2024, with the ecommerce giant poised for further profitability, according to Bernstein Research — a view we enthusiastically share. Bernstein on Tuesday named Amazon its "best idea" in the internet space for 2024, citing acceleration in its cloud business, cost discipline, digital advertising growth, and its continued leadership in ecommerce. The firm has an outperform rating on Amazon stock, with a price target of $175 a share. Amazon stock closed up 1.4% on Tuesday, to settle at $146.88 a share. AMZN YTD mountain Amazon stock performance year-to-date.

Persons: Bernstein, Jim Cramer, Jim, he's, Amazon's, Jim Cramer's, Omar Marques Organizations: Bernstein Research, CNBC, Lightrocket, Getty Locations: ecommerce

☆ Cramer says stick with high quality stocks as the market rotates into lower quality names
▼ + stars: | 2023-12-04 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

But chasing lower quality stocks is not a great long-term strategy. That's why we look to buy high quality companies when they are put on sale. 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, Estee Lauder, hasn't, Jim Cramer's Organizations: CNBC, Federal Reserve, Microsoft, Palo Alto Networks, Nike, Jim Cramer's Charitable Locations: Palo

☆ Ford's strong hybrid sales show the company needs to pivot to increase profits
▼ + stars: | 2023-12-04 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Hybrids "make a ton of money," Jim Cramer said Monday after Ford reported a 75% year-over-year surge in hybrid sales in November to roughly 12,100 vehicles. "Ford should be spewing capital right now," because hybrid vehicles are more profitable than EVs, Jim added. He also suggested that given the new sales numbers Ford could be in better shape than its stock indicates. Perhaps keeping a lid on gains was the 6.5% drop reported in legacy internal combustion engine vehicle (ICE) sales to nearly 124,500 units. Maverick and F-150 trucks drove a 40% increase in hybrid sales in the third quarter, the three months ended in September.

Persons: Jim Cramer, Ford, Jim, Jim Farley, Farley, Jim Cramer's Organizations: Ford, EV, ICE, United Auto Workers, UAW, CNBC, Ford Maverick

☆ Goldman says buy beer powerhouse Constellation. One of its reasons made us think
▼ + stars: | 2023-12-01 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Goldman Sachs believes Constellation Brands (STZ) has the potential to revive sales in its struggling Wine & Spirits division. It's not impossible, but we're more bullish on the company's core beer business. In the Goldman note, Herzog acknowledged that Wine & Spirits has, indeed, struggled. Management's emphasis on "driving shareholder returns reduces the risk of its underperforming Wine business," she added. We had been hoping to hear news about a breakup of its underperforming Wine & Spirits, which did not happen.

Persons: Goldman Sachs, It's, Bonnie Herzog, Goldman, Herzog, Jim Cramer, Jim Cramer's, Jim, Luke Sharrett Organizations: Constellation Brands, Modelo, Wine, Constellation, CNBC, Workers, LLC, Bloomberg, Getty Locations: Corona, Pacifico, Simi, U.S, Louisville , Kentucky

☆ Here's why we're not worried about Starbucks shares sliding below $100 each
▼ + stars: | 2023-12-01 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

There was weakness in shares of Starbucks (SBUX) with shares 0.5% lower in late day trading Friday hitting below the $100 mark. 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.

Persons: Jim Cramer, It's, Morgan Stanley, Wells, Powell, it's, Foot Locker, Marvell, didn't, Jim Cramer's, Jim Organizations: CNBC, Starbucks, North, Broadcom, Cisco, VMware, Jim Cramer's Charitable Locations: Atlanta, China, North America

☆ Peltz's renewed fight for Disney board seats keeps pressure on CEO Iger to right the ship
▼ + stars: | 2023-11-30 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Activist investor Nelson Peltz's renewed fight for Disney (DIS) board seats is a positive for shareholders because he will push for a level of financial discipline that the company has lacked. Peltz's Trian Partners, a major Disney shareholder, said Thursday it will launch a new challenge to get board representation. As part of its release, Trian said the investment firm's Disney stake is currently worth roughly $3 billion. DIS YTD mountain Disney YTD Peltz will "keep the heat on Disney and this is a positive for us as shareholders," Jim said Thursday while urging new Club members to "buy Disney right here, right now." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Nelson Peltz's, Peltz's Trian, Trian, Jim Cramer, Trian's, Ike Perlmutter, Perlmutter, Morgan Stanley, James Gorman, Sir Jeremy Darroch, Gorman, he's, Jim, Peltz, Jim —, Iger, we're, We're, Jim Cramer's, Nelson Peltz, Marco Bello Organizations: Disney, Peltz's Trian Partners, Marvel, Sky, CNBC, Trian Fund Management, Future Investment Initiative, Summit, Bloomberg, Getty Locations: Miami , Florida

☆ Jim Cramer says buy this bank stock ‘aggressively’ as its valuation gets cheaper
▼ + stars: | 2023-11-30 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. 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.

Persons: Jim Cramer, Eaton, Jim doesn't, Wells, Morgan Stanley, Estee Lauder, we're, We're, Jim Cramer's, Jim Organizations: CNBC, Big Tech, Jim Cramer's Charitable Locations: industrials, China

During the Amazon Web Services cloud conference on Tuesday, Amazon unveiled upgraded AI chips, a new chatbot and an expanded partnership with Nvidia. Expanded Nvidia partnership Amazon on Tuesday outlined the details of its deepening partnership with semiconductor firm Nvidia – the global leader in the development of AI chips. Amazon's announcements involved not only Nvidia' bread-and-butter AI chips known as graphics processing units, or GPUs, but also its fast-growing – yet still underappreciated – software-and-service offerings. In general, Amazon has touted its own AI chips as being a lower-cost option for customers. Nvidia's AI hardware is known to carry a hefty price tag .

Persons: Grace Hopper Superchip, –, Jensen Huang, Jim Cramer's, Jim Cramer, Jim, Arjun Kharpal Organizations: Nvidia, Services, Amazon, Microsoft, Oracle, JMP Securities, CNBC, IAA, Qualcomm, Samsung Locations: Munich

☆ Jim Cramer looks at why Eli Lilly is the 'only drug stock that’s working' right now
▼ + stars: | 2023-11-29 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. Elsewhere, Jim Cramer called biopharma stock Eli Lilly (LLY) "the only drug stock that's working" in a competitive health care field. 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, Stocks, Locker, Mary Dillon's, Eli Lilly, Lilly, bode, Jim, FTC's Lina Khan, Jim Cramer's Organizations: CNBC, Meta, Club, UnitedHealth, FTC, Jim Cramer's Charitable

☆ Can troubled Estee Lauder be saved? Wall Street analysts say yes, but we're not so sure
▼ + stars: | 2023-11-29 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

It's no secret: Estee Lauder (EL) has lost its way. Fabrizio Freda, the CEO of Estee Lauder since July 2009, was once an industry "wunderkind," Jim Cramer acknowledged Tuesday. Shares of Estee Lauder have fallen 50% year to date and lost two-thirds of their value over the past two years. We have been expecting consecutive poor quarters from Estee Lauder since China's post-Covid economic rebound has stalled. Rather, the investment case is more about how Estee Lauder can right the ship.

Persons: Estee Lauder, Bobbi Brown, Jo Malone, Fabrizio Freda, Jim Cramer, Freda, Jim, we're, Lauder, China's, Jim Cramer's, Budrul Organizations: HSBC, L'Oreal, CNBC, Lightrocket, Getty Locations: China, Korea, Asia, New York City, Hong Kong

☆ Jim Cramer says Constellation Brands can create more value for investors if it invests in its premium alcohol brands
▼ + stars: | 2023-11-28 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

Persons: Jim Cramer, Christopher Waller, he's, we'll, Jim Cramer's, Jim Organizations: CNBC, Constellation Brands, Jim Cramer's Charitable

☆ Jim Cramer is looking to take action on some underperforming stocks in the portfolio
▼ + stars: | 2023-11-27 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. With our recent trade, Jim said he's also evaluating the Club's position in underperforming stocks like Estee Lauder (EL) and Foot Locker (FL). 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, Stocks, Jim Jeff, Jim, he's, Estee Lauder, Jim Cramer's Organizations: CNBC, Citi, Microsoft, Palo Alto Networks, Costco, Nvidia, Jim Cramer's Charitable Locations: Palo

☆ Amazon's leading delivery service is a huge win for the company's growing retail business
▼ + stars: | 2023-11-27 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

It gives us another reason to be confident in the firm's retail business as the holiday online shopping season gets off to a strong start this year. Postal Service remains the largest parcel service by volume, handling packages for its customers as well as all three delivery companies. "People shop every day on Amazon," Jim added. The company's speedy, same-day delivery service is a huge value proposition of the Prime membership — made possible, in part, by Amazon's push to become the U.S. package delivery company in the U.S. The Amazon Prime logo is displayed on the side of an Amazon delivery truck in Richmond, California, June 21, 2023.

Persons: Andy Jassy, Jim Cramer, they've, Jim, Goldman Sachs, Goldman, we've, —, Amazon, Jim Cramer's, Justin Sullivan Organizations: Wall, Amazon, United Parcel Service, Journal, FedEx, U.S . Postal Service, Insider Intelligence, Adobe, Mastercard, National Retail Federation, CNBC Locations: U.S, Richmond , California

☆ Jim Cramer believes Broadcom will get more investor attention when shares cross the $1,000 mark
▼ + stars: | 2023-11-20 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. Jim thinks AVGO shares will cross $1,000 which will get more people's attention. 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, AVGO, Goldman Sachs, Jim Cramer's Organizations: CNBC, Broadcom, VMware, U.S, Adobe, Jim Cramer's Charitable Locations: China

☆ Starbucks remains a big winner in China even if a domestic rival sells more coffee there
▼ + stars: | 2023-11-20 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Starbucks (SBUX) losing its coffee crown in China to a domestic rival does not diminish the opportunity that the American company has in the world's second-largest economy. 2 in China to Luckin Coffee in sales, Jim Cramer said Monday he would be buying Starbucks shares "hand over fist." In its fiscal fourth quarter ending Oct. 1, Starbucks reported that China revenue increased 8% year-over-year to nearly $841 million. By comparison, Luckin reported sales of $986.8 million for its third quarter ended Sept. 30 . SBUX YTD mountain Starbucks YTD Even though its economy and consumers face headwinds post-Covid, China remains a key growth market for Starbucks.

Persons: Jim Cramer, Jim, Luckin, Laxman Narasimhan, Howard Schultz, Jim Cramer's Organizations: Starbucks, Journal, China, CNBC, Wuhan International Plaza, Getty Locations: China, U.S, Wuhan, Hubei province

☆ We're debating our next steps on Estee Lauder as the CEO struggles to turn things around
▼ + stars: | 2023-11-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Estee Lauder (EL) has the dubious distinction as the worst-performing stock in our portfolio in 2023, and we're growing less optimistic about CEO Fabrizio Freda's ability to right the ship. Jim added he may consider selling Estee Lauder due to the uncertainty that lies ahead. Alongside fiscal Q1 results, Estee Lauder management cut its fiscal 2024 outlook suggesting the trajectory of getting back on track for China consumer demand growth will take longer than expected. Jim believes the Club has been patient and has given Estee Lauder the time required for inventories in its Asia travel retail business to normalize. An Estee Lauder pop-up store is seen inside daimaru Department Store on Nanjing Road Pedestrian street in Shanghai, China, August 6, 2021.

Persons: Estee Lauder, Fabrizio Freda's, We're, Freda, Fabrizio Freda, Jim Cramer, Jim, Lauder YTD, Tom Ford, Jo Malone, Estee Lauder's, it's, Lauder, hasn't, Jim Cramer's Organizations: Wall, Management, CNBC, daimaru, Getty Locations: China, Asia, Nanjing, Shanghai

☆ We feel good about this cybersecurity leader after its post-earnings rebound
▼ + stars: | 2023-11-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

Persons: Jim Cramer, yesterday's, Jim Cramer's, Jim Organizations: CNBC, Federal Reserve, Microsoft, Palo Alto Networks, Jim Cramer's Charitable

☆ Monthly Meeting Q&A with Jim Cramer on 20 stocks in everything from tech to industrials to drugs
▼ + stars: | 2023-11-16 | by ( Paulina Likos | ) www.cnbc.com time to read: +12 min

(Anthony) Jim Cramer: There were some China statistics that showed that the consumer was doing slightly better. (David) Jim Cramer: The roadblock is that the money is at the state level. (Narayan) Jim Cramer: " Own, don't trade" is about trying to keep us in a stock that otherwise we would trade out of. (Jim) Jim Cramer: First, I think we have to remember Ford actually has a lot of money on its balance sheet — a lot of cash. 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, Estee Lauder, Anthony, Jim Cramer, Wynn, It's, David, I'm, Narayan, it's, Steve Jobs, John, Tom Jorden, That's, Capex, Paul, Procter, Jim Farley, Jim, Ford, Shawn Fain, Farley, Donald, Larry Culp, He's, GEHC, Eli Lily, Louis, Lilly, Zepbound, We've, Alzheimer's, tirzepatide, hasn't, Edmundo, we've, haven't, Linde, Theresa, Jim Cramer Rob Kim Organizations: Investing Club, Club, Caterpillar, Amazon, Nvidia, Apple, Web Services, Natural Resources, Exxon, Procter, Gamble, United Auto Workers, GE Healthcare, Electric, GE, General, Merck, Drug Administration, Novo Nordisk, Linde, LIN, Trust, Barrick, CNBC Locations: China, reaccelerate, GEHC

☆ Jim Cramer considers taking profits in Alphabet to maintain discipline in the portfolio
▼ + stars: | 2023-11-16 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. Jim Cramer said he's wary about the high concentration of some stocks in the portfolio like GOOGL. 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, Stocks, Palo Alto, we're, Jim, Jim Cramer's Organizations: CNBC, Walmart, Cisco, Palo, Club, Costco, Nvidia, Jim Cramer's Charitable Locations: overbought

☆ Support from a new activist firm may be what Disney needs to accelerate CEO Iger's turnaround
▼ + stars: | 2023-11-15 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

We're pleased to see a new activist firm come to Disney 's (DIS) support since CEO Bob Iger's turnaround strategy for the entertainment giant has been taking time to show meaningful results. ValueAct started to build its Disney stake this past summer, and the stock is now among its largest positions. DIS YTD mountain DIS stock performance year-to-date. ValueAct isn't the only activist firm that has built a stake in Disney. This new Disney buy during the third quarter comes after Peltz's recent push in October to potentially reignite a fight for multiple seats on Disney's board.

Persons: We're, Bob Iger's, ValueAct, Ken Squire, Mason Morfit, Squire, Nelson Peltz's, Nelson, Jim Cramer, Peltz, Iger, Jim Cramer's, Jim, Walt, Joe Raedle Organizations: Disney, Management, SEC, CNBC, Netflix, Walt Disney, Getty Locations: Disney, Hulu, Orlando , Florida

☆ What we're watching when off-price retailer TJX reports this week
▼ + stars: | 2023-11-14 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

When TJX Companies (TJX) reports quarterly results this week, we expect the off-price retailer to demonstrate continued momentum on both its top and bottom lines, helped by consumers looking for solid deals in an uncertain economic environment. And we're confident management can deliver a further expansion of gross margins as wary American consumers look for value at TJX's popular off-price chains. "Traffic remains the primary driver for comp in off-price," Barclays said in a recent research note previewing earnings for TJX and peers Ross Stores (ROSS) and Burlington Stores (BURL). Higher profits In addition to delivering higher sales, TJX continues to show improved profitability — a trend we expect to accelerate when the company reports on Wednesday. At the same time, according to Telsey, TJX faces headwinds from incremental store wage and payroll costs.

Persons: TJX, Ross, ROSS, Dana Telsey, Telsey, TJX's, Jim Cramer's, Jim Cramer, Jim, TJ Maxx, Prince George's, Chip Somodevilla Organizations: TJX, Marshalls, LSEG, Barclays, Burlington Stores, Telsey Advisory, CNBC, Shoppers, TJ, Getty Locations: Maxx, TJX, Telsey, Prince, Hyattsville , Maryland

☆ The end of the Hollywood strikes gives Disney's turnaround a clearer path
▼ + stars: | 2023-11-09 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

The end of the Hollywood actors' strike takes a risk off the table for Disney (DIS) — just as CEO Bob Iger's turnaround plan for the entertainment giant is starting to show real progress. Prior to the announcement, Disney CEO Bob Iger told CNBC that the strike's impact on the business had so far been "negligible." DIS YTD mountain DIS stock performance year-to-date. With Disney's strong quarterly cash flow and healthy balance sheet, Jim said he expects a stock buyback as soon as next year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Bob Iger's, Bob Iger, Jim Cramer, Jim, Cramer, Disney, Morgan Stanley, Jim said, Jim Cramer's, Mickey, Minnie, Ian Langsdon Organizations: Hollywood, Disney, SAG, CNBC, Investors, Iger, Management, ESPN, Paris, Afp, Getty Locations: Marne, Paris

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