Latest Stock Buy or Sell?

Today's strong jobs data He's bullish not because of a perceived US Fed pivot, but because he believes in better-than-expected earnings going forward. He expects a soft landing. Inflation is of course the major headwind, but gasoline futures are off 33% from late June's peak and that has yet to show up at the pumps. Also, shipping rates are going down.

DIS reports next week. He understands why investors are negative here--Disney has to spend on content. But last quarter, DIS had a great subscription add, due to them buying the rights to Indian Premier League Cricket. Disney+ subs continue to go up. Theme parks are doing gangbusters. Dr. Strange is doing fine box office business. Everything is going right for them, certainly more right than wrong. DIS is undervalued.

Today's hot jobs data The data this week has been very encouraging, like factory orders being better than expected and new orders in the ISM report. Inflation is coming down. However, the economy can handle higher interest rates; unemployment is only 3.5%. The Fed didn't pivot--and has no reason to--last month. She's more worried about 2023, because we don't know the effect of all these rate hikes. For now, though, things look pretty okay.

Just reported solid Q2 earnings and the price target rose The stock is down 17% from its high, pays over a 3.5% dividend yield, and trades at 8.5x PE. The quarter was really good. It's interesting that they chose to increase their share buyback than increase production, which fell in that quarter. They're returning cash to shareholders like the other oil companies. She has been adding to energy on this pullback. Oil companies can make money at $40-50 oil/barrel, including Chevron. She expects more returns to shareholders. Oil stocks remain cheap and earnings went up for the group. It's her favourite sector.

She has been adding to energy on this pullback. Oil companies can make money at $40-50 oil/barrel. Oil stocks remain cheap and earnings went up for the group. It's her favourite sector.

Had a good earnings report yesterday, narrowing the range for earnings and total revenue. Companion animal business is up 14% and they have many products in the pipeline.