Today, Stephen Takacsy, B. Eng, MBA and Jim Cramer - Mad Money commented about whether GEV-N, NFLX-Q, JNJ-N, RBRK-N, CEG-Q, IBIT-Q, AMD-Q, FLO-N, CAVA-N, ACI-N, OLLI-Q, SRE-N, RCL-N, CTAS-Q, GOOG-Q, AMZN-Q, AAPL-Q, SJ-T, JWEL-T, SIS-T, MRU-T, L-T, EMP.A-T, AQN-T, ALA-T, BCE-T, QTRH-T, CWB-T, TD-T, NA-T, RY-T, BMO-T, BLX-T, NPI-T, T-T, QBR.B-T, PLC-T, TCS-T, VLN-T, BYL-T, RCH-T, DWS-X, LAS.A-T are stocks to buy or sell.
It keeps rallying along with other big tech stocks. Just hit new highs. We can't live without their phones, because they are so great. He expects the current Dept. of Justice lawsuit against Apple for monopolizing phones will be overturned under the new White House. Today, Apple announce a new IOS. Shares are up 28% this year.
This bargain outlet typically lags TJX stock. They got hit very badly during the pandemic by 70% from its 2021 highs in 2022. But yesterday it charged 13% after a strong earnings report. Now, they're in the same league as TJX. Their quarter boasted strong margins, beating profits. While their beats appear modest, remember that two big hurricanes last October impacted business. The company says they saw strong demand for consumables like cleaning supplies, food and candy, as well as furniture and outdoor living. They had a good Black Friday. They plan to open 10% more stores annually. Even after this run, shares look attractive.
The Santa Claus rally is a reliable pattern, but doesn't mean stocks will rally for ALL of December. Last December, the S&P went straight up, but the VIX bottomed on Dec. 12--a sign of rising fear--which led to the S&P selling on Dec. 20 after the VIX climbed. In 2022, the VIX bottomed on Dec. 2 right after the S&P peaked, then the S&P headed down for the rest of the month. For 2024, the VIX has not been sending any warning signals--when the S&P goes up, the VIX goes down. The big exception are the weeks leading up to the election, Oct-Nov, when the S&P went sideways and the VIX remained sideways too. Very unusual. In the past month, the S&P climbed higher while the VIX tanked--a bull market. But the VIX bottomed on Dec. 6 and has since bounced. Sebastian though sees no red flags in the chart (yet), BUT the S&P is sitting beneath its all-time highs while the VIX is up nearly a point since Friday. Today, the S&P erased Monday-Tuesday's losses, but the VIX has not erased its gains, because banks and hedge funds are buying options to protect against volatility--the big boys are getting nervous. If this patterns endure tomorrow, we might be at the start of the VIX and the S&P move in unison, and this usually mean the S&P is headed for a serious sell-off. This could follow Dec. 2023's pattern of roaring a week before Xmas, pulled back hard, then rallied through Xmas and New Year's. Bottom line: the Santa Claus Rally is never guaranteed so don't be complacent.
Defensive growth at a reasonable price. He's not a trader, but this is the third time he's owned it. Leading NA producer of railway ties (a duopoly) and utility poles (pretty much an oligopoly). Really improved margins. Very strong balance sheet, buying back lots of shares, increasing dividend every year.
(Analysts’ price target is $88.50)Got hammered recently, as utility pole segment slowed. But there's a huge replacement cycle coming, plus expansion of the electrification grid. Poles will still be the main driver of growth. Great buying opportunity at under 12x earnings. Yield is 2%.