Today, Rebecca Teltscher and Jim Cramer - Mad Money commented about whether LUV-N, LYV-N, SHOP-N, BE-N, AMD-Q, HPQ-N, BMY-N, PG-N, AZN-N, RHI-N, ILMN-Q, CMA-N, ZION-N, WHR-N, XRAY-Q, VFC-N, BA-N, AAPL-Q, NPI-T, BCE-T, PPL-T, QSR-T, BDT-T, BMO-T, FTS-T, NVDA-Q, EMA-T, BIP.UN-T, CAE-T, EIF-T, PKI-T, NTR-T, CNQ-T, WCP-T, ARX-T, TOU-T, MG-T are stocks to buy or sell.
Private and public funds are going into the infrastructure space. The demand for electricity is going up and we will need more than just renewables to meet the demand. Nuclear energy is needed and the nuclear build is real. She owns Aecon for infrastructure which has a higher dividend yield and lots of nuclear exposure.
Discretionary spending is coming down and the whole restaurant business would turn down in a weaker economy. She likes trade down economics where consumers go to cheaper alternatives for the same product. For example if a coffee at Starbucks is too expensive then customers might choose a lower priced coffee at Tim Hortons..
It is one of the better pipelines and has done pretty well this year with volume growth out of Western Canada. With there now being two large scale pipelines there are lots of opportunities in moving oil and gas to the west coast. With greater volumes there is less concern over the commodity prices.
There was a big announcement that Brookfield renewables had a deal with Microsoft to provide a large amount of power and Northland Power, unlike others in the sector, did not see a big rebound. It has some construction risks with three projects under development. However they are all on time and on budget. As they get built the stock should go up.
Shares fell after Apple announced AI news at their developers' conference. The news, wasn't enough to excite the street, though Apple will partner with Chat GPT, a company with deep ties to Microsoft. The CEO said this may be the first of many AI services to come. Today's announcement marked the introduction by Apple of gen AI for personal--not corporate--use. Own Apple, don't trade it.