Latest Stock Buy or Sell? Make More Informed Decisions!
Today, Jim Cramer - Mad Money commented about whether COOK-N, WEBR-Q, IRM-N, UPST-Q, CCL-N, BHP-N, ABR-N, PRU-N, CLF-N, PLD-N, KSS-N, GPS-N, PG-N, CVX-N, AMZN-Q, AAPL-Q, LRCX-Q, META-Q, BA-N, CMG-N, GOOG-Q, MSFT-Q, UPS-N, COKE-Q, MCD-N, GE-N, GM-N are stocks to buy or sell.
- Page 4/5
- Next Page
BUY
They report Thursday. They have issues, but they are known: overbuilt during Covid and now they're paying for it. Question is: Does everyone know they overbuilt? Otherwise, they can focus on positive: Amazon ads and cloud which are doing incredibly well. However, Walmart's report could drag these shares down--oppportunity.
specialty stores
BUY
Shares have been hammered since April when Amazon revealed it had built too many warehouses and wanted to get out of some leases. PLD got hit way too much. PLD has the best spaces and Amazon makes up less than 5% of their business. Last week they delivered a blow-out quarter: 98% occupancy rate and raised their full-year forecast. Only 2 properties were up for renegotiation with Amazon and that number is now 0. Shares are up, but still down $50 from April highs.
investment companies
funds
PARTIAL BUY
Shares have been cut in half since April and are not trading at only 3x earnings, among the cheapest stocks out there. (Hit $34 in early April.) Last Friday, CLF reported a mixed quarter: revenue beat and in-line earnings. Stock plunged 9%, but rebounded today 6%. Shares may be getting too cheap. If on Wednesday the Fed announces more rate hikes, buy. But if there are hikes lasting through the summer, a buy could be tougher.
steel
DON'T BUY
Shares plunged today and have been in free-fall for ages. A good company, but lousy stock, Managers rode the pandemic boom in grilling/BBQs by going public with this company. The problem is, you need only one grill and these grills last a long time. You buy them once. There's a grill glut. You can only hope that this will be taken over. They carry $1.2 billion debt. Shares are still too high. Weak YOY sales.
Consumer Products
