Latest Stock Buy or Sell? Make More Informed Decisions!
Today, David Driscoll and Jim Cramer - Mad Money commented about whether BLDE-Q, MRNA-Q, PM-N, AMC-N, AKBA-Q, EXAS-Q, TEAM-Q, TW-Q, BABA-N, AMZN-Q, TMUS-Q, LLY-N, NUE-N, BYND-Q, KMI-N, CMG-N, NVO-N, EXPO-Q, CCL.B-T, AXL-N, LIN-N, SYK-N, BCE-T, BAM.A-T, STE-N, ADI-Q, ATRI-Q, NSRGY-OTC, CP-T, LNN-N, SNY-N, VOW-GR, ASML-Q are stocks to buy or sell.
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It's the second-best performer on the S&P, up 105% YTD. Those fearing an interest rate hike will lead to steel prices cooling and NUE's business cooling, because anything using steel (ex-infrastructure) might be hurt by higher rates. Despite that, Nucor bought a Cornerstone Building Brands today, which may be good for their business. But the stock sold off today anyway over 1%. He thinks this is a great buying opportunity. NUE has a great track record when the cycle gets going like now.
They used to be marginal players in the wireless industry. Then, bold management, a customer-friendly ethos, great branding and the Spring merger, TMUS has become a heavy hitter. Since end-2019, TMUS has gained 83% while Verizon lost 7% and AT&T fell 25%. The difference is execution. All the carriers are rushing to build their 5G networks while T-Mobil already leads in 5G build. TMUS boasted 1.4 million net subscription additions in Q1 when the street expected under 1 million.
A great company and great chart. It's more than a Covid winner. Great fundamentals, despite a tepid response from Wall Street. AMZN is taking on a lot of retail market share. The online buying habit won't go away, because it's so easy. Prime is a super bargain including free shipping. And now they're buying MGM Studios. Their cloud business remains top dog with strong growth; it's a powerful, long-term theme. Meanwhile, travel ads are coming back and online ads are and will be on fire, bigger than Snap, Twitter and Pinterest's ad divisions combined. The ads division grew 77% YOY. He expects Prime Day on June 21-22 to be huge. Also, seasonality shows that Amazon takes off in June. Since early May, institutional buying has picked up, which is very bullish.
The Amazon of China. It's had a rough ride because of Chinese government pressure, but he expects this stock to come back.
