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Today, Jim Cramer - Mad Money and Brendan Caldwell commented about whether TKO, MSI, ULS, BCE.TO, FFN.TO, INTC, GOOG, AMZN, BK, MEG.TO, CVE.TO, K.TO, T.TO, WCP.TO, EFX.TO, CARR, RMD, TSM, ISRG, LSPD.TO, FIX, FCX, AAPL, SNPS, DD, UUUU, RIVN, IONQ, CVX, CMGI, ETR, J, CMI, CAT, INCY, APO, KEY, C, AXP, COF, DLTR, EXPE, TMUS, BA, CAG, NVDA are stocks to buy or sell.
If Canada and the US continue to cut interest rates this is a time honoured formula to help the economy. It is easier for businesses to borrow and raise capital so money goes almost entirely into the stock market. Even if the economy doesn't do anything, even if unemployment continues to rise, even if trade relationships deteriorate, lower interest rates will boost markets. If people think we're in a bubble, he doesn't think they've seen anything yet. He continues to like the tech sector where cheap money is available. With lower interest rates he also likes the property re-financing sector in the US as well as life insurance and insurance companies in general.
Even though it has geo-political vulnerability he doesn't think geo-political issues will be an issue over the next one to three years. Although they are a dominant player, whether they continue making chips for the US with its on-shoring push remains to be seen. There is no real incentive for foreign companies to build their businesses in the US.
Up 38% in one year. A utility benefitting from Meta building a $10 billion data centre in Louisiana to the build out of LNG facilities. Growth slightly beats the S&P and trades at a slightly lower PE.