Pharmaceutical industry critic Robert F. Kennedy Jr. — President-elect Donald Trump’s pick to be the nation’s top health official — on Thursday elaborated on his stance about the fast-growing class of weight-loss drugs known as GLP-1s. “The first line of response should be lifestyle. It should be eating well, making sure you that you don’t…
Another banner year for Costco shares has prompted some on Wall Street to question whether the stock is out over its skis. Jim Cramer knows where he stands: Let it ride. Shares of Costco are coming in hot ahead of earnings Thursday evening. The stock posted an all-time closing high Friday of $992.61 — and…
Wall street analysts feel good about one of our retail stocks but apprehensive about another. The news on Home Depot Telsey Advisory Group, a leader in retail industry analysis, upgraded Home Depot stock to a buy-equivalent outperform on Friday. The research firm also increased its 12-month price target to $455 per share from $360, implying…
New Starbucks CEO Brian Niccol’s decision to preannounce disappointing earnings is no reason to sell the stock, Jim Cramer said Wednesday. “I find it surprising that anyone thinks [these results are] surprising,” Jim said. “If you sell the stock today, you’re only selling it because you’re reacting to the press reports and the analysts, who are backward…
Apple stock was on track to close at a record high Friday after positive new data about iPhone demand in China. The news Sales of the new AI-enabled iPhone 16 in China jumped 20% in the first three weeks since going on sale there, according to Counterpoint Research data released Friday. That compares to the same…
Honeywell stock received a rare downgrade from JPMorgan on Thursday. It’s the first time in more than a decade that analysts at the firm lowered their rating. The news JPMorgan cut Honeywell to neutral from buy, citing concerns about its newly announced materials spin-off . Shares of Honeywell were down roughly 0.6% after the call….
Morgan Stanley’s love for Nvidia has not faded. The news Analysts at the firm reiterated Nvidia as their top pick in semiconductors following meetings with CEO Jensen Huang and other company executives. Morgan Stanley has a buy-equivalent rating on the Club stock and a price target of $150 a share, implying 13% upside from Wednesday’s…
Honeywell CEO Vimal Kapur showed investors the company is finally serious about remaking itself — so we’re upgrading the stock. On Tuesday, Honeywell unveiled plans to spin off its advanced materials division — a move that makes good on management’s promise to reshape the industrial conglomerate’s sprawling portfolio and focus on more profitable businesses. The…
The stronger-than-expected September jobs report is good news for Main Street and Wall Street, CNBC’s Jim Cramer said Friday. Job gains of 254,000 in the month — paired with solid hourly earnings gains — suggest the U.S. economy is in a solid spot despite lingering slowdown fears, Cramer said. That kind of backdrop should lend…
Deutsche Bank is striking a cautious tone on Dover ‘s stock ahead of the industrial conglomerate’s upcoming earnings report. Jim Cramer is saying don’t fall for it. The firm’s wariness on Dover lands not long after the Federal Reserve began its rate-cutting cycle – generally seen as a positive development for economically sensitive corners of the market…