Every weekday, at 10:20 a.m. ET, the CNBC Investing Club led by Jim Cramer conducts a live “Morning Meeting” session. Here’s a recap of the key moments from Tuesday’s session. 1. Stocks sink: On Tuesday, U.S. stocks experienced a significant decline after Moody’s downgraded the credit rating of several small and mid-sized banks. This led …
In a week filled with earnings, the CNBC Investing Club made several trades and adjusted price targets for its major stocks. These decisions were based on the analysis of quarterly results and information obtained from conference calls. Let’s take a closer look at the portfolio activity on each day. CNBC Investing Club with Jim Cramer …
Bausch Health Companies (BHC), a troubled club in the stock market, delivered impressive quarterly results that surpassed expectations. However, despite this positive outcome, the stock is still struggling to regain its footing. In the second quarter, BHC experienced a 10% increase in sales, reaching a total of $2.17 billion, which exceeded the estimated $2.04 billion. …
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 …
Every weekday, Jim Cramer’s CNBC Investing Club holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of the key moments from Tuesday’s session. 1. Health Care in Focus: The club’s holdings, Danaher (DHR) and GE Healthcare (GEHC), reported better-than-expected earnings before the bell on Tuesday. However, Danaher lowered its guidance, leading to …
Have a burning question for Jim Cramer and his team of analysts? Look no further. You can send your inquiries directly to Jim and his team at [email protected]. While they can’t offer individual investment advice, they are more than happy to answer general questions about the investment process, stocks in the portfolio, or related industries. …
A high-profile talc trial in California recently ruled against Johnson & Johnson (JNJ), creating uncertainty regarding whether the thousands of other plaintiffs currently suing the company will accept J&J’s proposed $8.9 billion settlement or proceed with their own lawsuits. Jim Cramer believes that the company was overly optimistic about winning the case, stating that the …
Johnson & Johnson (JNJ) announced impressive second-quarter financial results, surpassing expectations in both domestic and international markets. The company reported a 6.3% increase in sales, reaching $25.53 billion, exceeding the consensus estimate. Adjusted diluted earnings per share came in at $2.80, beating estimates and showing a 9.7% increase from the previous year. Despite concerns over …
Every weekday, the CNBC Investing Club hosted by Jim Cramer presents a “Morning Meeting” livestream at 10:20 a.m. ET. Let’s recap the key moments from Monday’s session. 1. Earnings and Inflation: U.S. stocks experienced a slight uptick on Monday, with the Dow gaining over 150 points. This rally came after a challenging week for major …
The housing market is displaying resilience and experiencing a resurgence in home renovations, which could have positive implications for three companies in our Club portfolio. Recent weeks have seen an increase in the stock prices of Stanley Black & Decker (SWK) and Caterpillar (CAT), both of which provide tools and machinery used in homebuilding. Moreover, …