Traders work at the post where UnitedHealth Group is traded on the floor of the New York Stock Exchange. Brendan McDermid | Reuters UnitedHealth Group‘s (UNH) exceptional quarterly results on Friday are a promising indicator for the broader health-care industry, as highlighted by CNBC’s Jim Cramer. The outstanding performance of this managed-care behemoth was reflected …
During the October Monthly Meeting, we had the opportunity to address questions from our Investing Club members. Below, you’ll find the answers provided by Jim Cramer and portfolio director Jeff Marks, revised for clarity and optimized for SEO. Let’s dive in! Question 1: Why do rising interest rates have a negative impact on technology stocks? …
It’s exciting to discover that three stocks from the Club have made it to Goldman Sachs’ list of 25 tactical trades for earnings season. When it comes to asset allocation, there are two approaches: strategic and tactical. Strategic asset allocation involves long-term investing, while tactical allocation focuses on short-term opportunities for capturing quick upside. While …
With the stock market deeply oversold this week, we strategically invested our cash in various sectors, such as energy, technology, and materials. Additionally, we added a former Club chipmaker to our Bullpen and upgraded a premium beer brand to a buy rating. The market’s Friday reversal allowed us to fulfill our commitment to trim a …
There’s Eli Lilly (LLY), and then there’s everybody else. That’s a simple way to describe the performance of the Club’s health-care holdings so far this year, in what’s been a challenging period for the industry overall. Of the 11 market sectors year to date, health care is the fourth worth-worst performer, falling 4%, followed by …
Since the CNBC Investing Club’s July Monthly Meeting, the stock market has experienced significant volatility due to various factors, including quarterly earnings reports and inflation data. As a result, Wall Street has faced challenges in recent weeks. In this article, we will highlight the top performers from the Club’s portfolio during this period. 1. Eli …
The Match.com website is displayed on an Apple iPhone. Andrew Harrer | Bloomberg | Getty Images Here are the noteworthy companies grabbing attention before the market opens on Wednesday. CVS Health – Shares of the prominent retail pharmacy surged 1.8% in premarket trading following the release of robust second-quarter earnings and revenue. CVS reported earnings …
Humana (HUM) released its second-quarter earnings on Wednesday, surpassing expectations and causing a significant surge in its stock price. The company recorded a revenue of $26.75 billion, marking a 13% increase compared to the same period last year. This figure exceeded analysts’ estimates of $26.23 billion. Additionally, Humana’s adjusted earnings-per-share (EPS) of $8.94 slightly outperformed …
A Solarpro employee installs a SolarEdge Technologies Inc. inverter at a residential property in Sydney, May 17, 2021. Brendon Thorne | Bloomberg | Getty Images Discover the companies making significant midday moves: SolarEdge Technologies — The solar stock experienced a 19% decline as the company’s reported revenue of $991 million fell short of analysts’ estimates …
A Humana office in Louisville, Kentucky, July 31, 2023. Jon Cherry | Bloomberg | Getty Images Humana shares experienced an upward surge on Wednesday as the health insurer revealed that its second-quarter earnings report showed lower-than-anticipated medical costs. This announcement alleviates investor concerns, particularly after Humana and its rival UnitedHealth Group cautioned about an increase …