Mad Money Host at CNBC
Member since: Sep '20 · 4055 Opinions
He's very concerned about 3M's lawsuit (causes hearing damage for veterans). (He has unrelated tinnitus.) Also concerned about their groundwater lawsuit.
They have zero economic sensitivity (good) and has enough drugs in the pipeline to beat future estimates. Always pays an above-average dividend.
Today marks the first day that American business executives can fly to China after three years. Those American companies which already have a strong presence in China can get a major boost from this reopening. The company was thriving before the reopening, so imagine what happens now.
Today marks the first day that American business executives can fly to China after three years. Those American companies which already have a strong presence in China can get a major boost from this reopening. The company was thriving before the reopening, so imagine what happens now.
There's finally an end to the glut in semis coming, triggered by the sharp decline in demand for PCs after Covid. AMD rallied $2 today in a very down day.
There's finally an end to the glut in semis coming, triggered by the sharp decline in demand for PCs after Covid. Nvidia supplies many PCs and it has a stake in AI. Great CEO is Jensen Huang
Aerospace is on fire with a backlog that can last years.
Aerospace is on fire with a backlog that can last years. Boeing yesterday just secured a mega order for planes from the Middle East, which he feels if the first of more to come. Yes, airplanes are highly cyclical, but planes get old like anything and need replacement--from China, US, South America. Boeing shares have fallen so far. Buy under $200.
Renewables and decarbonization are the future. No doubt about it. Blackrock has just launched a set of investments in this decarbonization. read their latest statement on this movement.
Demand for cybersecurity will continue and not only that will be front and centre. PANW is his pick because the company prioritizes making real money and not illusory earnings and accounting tricks.
Shares shouldn't be this low, but baking is so despised now. Don't buy it now.
Today, it announced it is buying Ryan Reynolds' Mint Mobile as well as parent Ultra Mobile, two value-oriented wireless plays. A great deal.
After the bell today, they reported a major sales and earnings beat, and raised full-year forecast a lot. Will their numbers get the attention they deserve, up against the Credit Suisse meltown today? Adobe shares are up from its September lows, but still way down from its 2021 highs. They may be showing secular growth following a tough period. Their innovations drive their growth engine.
They generate cash, but also burn through it. He can't recommend any company not making money.
In the space of just one week--SVB and Credit Suisse meltowns--we've gone from expecting the Fed from raising rates by 0.5% to cutting. It will be the most-anticipated Fed meeting (next week) in recent meeting. The next move is significant, and we don't know what. Their dilemma: raise or cut? When rates move up, it's hard to make money in stocks. Today, you had to buy food, drug and senior tech stocks like Meta. Drug stocks do well in recessions and pay dividends. Meta just announced a second round of mass layoffs. Billions of dollars in expenses will come out of Meta, while revenue will remain the same. Shares rallied yesterday and today and it's not done yet.