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July 23, 2021

Investment strategy

Companies from Chipotle to Whirlpool are raising prices on consumers because of higher costs

CNBC
CNBC – For more and to sign up click here A employee sprinkles cheese on a burrito at a Chipotle Mexican Grill restaurant in Hollywood, California. Patrick T. Fallon | Bloomberg | Getty Images Consumer brands from Chipotle Mexican Grill to Whirlpool are dealing with inflation by passing higher costs......

Microsoft gets new Street-high price target from Citi. Why one trader says ‘it’s a staple within your portfolio’

CNBC
CNBC – For more and to sign up click here Microsoft stock jumped to an all-time high after Citi bestowed it a Street-high price target of $378 per share. The firm called the tech titan the “best” in megacap software ahead of its earnings report next week.  “It’s a staple......

Want to start investing? Here’s a hint from investing legend Charles Ellis: Keep it simple

CNBC
CNBC – For more and to sign up click here When it comes to getting into investing, keeping it simple is key, according to investing legend Charles Ellis. In fact, he equates it to parenting teenage children. “Every parent of teenage children realizes at some point or another, less is......

Earnings season has been great so far with profit margins holding up in the face of inflation

CNBC
CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange (NYSE), July 21, 2021. Brendan McDermid | Reuters A quarter of the way through earnings season, we are headed toward the best profit growth in over a decade.  One......

This under-the-radar retail winner up 260% in 12 months could have more upside, trader says

CNBC
CNBC – For more and to sign up click here One winner in the retail space has quietly been making new highs after rallying more than 260% over the past 12 months. Crocs, the footwear brand, has roared higher on the back of robust demand. That stock added another 10%......

Jim Cramer says near-term Covid delta variant concerns won’t threaten long-term stock market gains

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer said Thursday investors should keep a long-term focus on the U.S. economic recovery despite near-term concerns about a rise in coronavirus cases associated with the delta variant. “Don’t let all these worries freak you out,” the “Mad......

Domino’s CEO says return of late-night, weekend orders fueling sales growth during Covid reopening

CNBC
CNBC – For more and to sign up click here Domino’s Pizza CEO Ritch Allison told CNBC on Thursday the Covid economic reopening has actually provided a boost for the company, helping fuel same-store sales growth during the second quarter. In an interview with Jim Cramer on “Mad Money,” Allison......

Futures edge higher after stocks notch 3-day win streak

CNBC
CNBC – For more and to sign up click here A Specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 13, 2021. Brendan McDermid | Reuters Stock futures edged slightly higher in overnight trading after a rise......

Facing high unemployment rates, these formerly incarcerated people are turning to entrepreneurship

CNBC
CNBC – For more and to sign up click here When Lawrence Carpenter was released from prison in 2001, he was determined to make a better life for himself and his family. Yet he knew that having a criminal record would make it tough to find a job. “I shouldn’t......

Didi shares drop on report China is planning unprecedented penalties

CNBC
CNBC – For more and to sign up click here Chinese ride-hailing giant Didi came under pressure again on Thursday amid a report that Beijing is considering harsh penalties from a massive fine to even a forced delisting after its IPO last month. Shares of Didi fell more than 10%,......

Here’s how to tap your house for cash as home prices soar

CNBC Real Estate
Soaring home prices are making many homeowners wealthier and wealthier. Those with mortgages — about 62% of all properties — saw their equity jump by 20% in the first quarter from a year earlier, according to CoreLogic. That represents an average gain of $33,400 in just that one year period.......

Watch these two casual dining stocks as group dips this month, traders say

CNBC
CNBC – For more and to sign up click here Casual dining stocks are trying to claw back from their lows this month. Big names in the group including Red Robin Gourmet Burgers, Bloomin’ Brands, Brinker International, Cheesecake Factory and Dine Brands Global sank in early Thursday trading after notching......

Shares of Australian miner BHP jump 3% after news of nickel supply deal with Tesla

CNBC
CNBC – For more and to sign up click here A Tesla car charges at a Tesla Supercharger station on April 26, 2021 in Corte Madera, California. Justin Sullivan | Getty Images Shares of mining giant BHP Group jumped 3% in Australia on Thursday morning, after the company announced it......

Jim Cramer reacts to Chipotle big earnings beat: ‘Chipotle delivered’

CNBC
CNBC – For more and to sign up click here Chipotle shares managed to pop double digits Wednesday because of the restaurant chain’s culture, CNBC’s Jim Cramer said. “This company has an extraordinary culture of customer-centric innovation, and that culture has been turbocharged since they hired Brian Nicoll as CEO......

Jack Dorsey hopes bitcoin will help bring about world peace

CNBC
CNBC – For more and to sign up click here Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Square CEO Jack Dorsey......

‘Left for dead’ stocks tied to the economic rebound will see a revival, top investor Jeff Mills predicts

CNBC
CNBC – For more and to sign up click here Investors may want to consider putting new money to work in stocks. This recent upheaval is creating significant investment opportunities in cyclical and value stocks, according to Bryn Mawr Trust’s Jeff Mills. “[These areas] of the market that have really......

Jim Cramer predicts S&P 500 ‘is done getting slammed,’ sees upside ahead

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Wednesday said investors can expect smooth sailing as Wall Street tries to put a short but turbulent period of decline in stocks behind it. After the market recovered all its losses from Monday’s big plunge, Cramer......

Thomas Peterffy says he owns some cryptocurrency because ‘you have to play the odds’

CNBC
CNBC – For more and to sign up click here Online brokerage pioneer Thomas Peterffy told CNBC on Wednesday he’s invested in cryptocurrencies, while still expressing skepticism over the long-term future of the digital asset class. “Even I myself have put a little bit of money into crypto, because even......

White House officials encourage states to get rental assistance out faster

CNBC Real Estate
A rally to prevent Massachusetts evictions in front of Boston Housing Court on Oct. 15, 2020. MediaNews Group/Boston Herald via Getty Images | MediaNews Group | Getty Images Biden administration officials urged states and cities on Wednesday to move quickly to get federal assistance out to the millions of households......

Ethereum price rises after Elon Musk confirms he owns the cryptocurrency

CNBC
CNBC – For more and to sign up click here Elon Musk, head of Tesla, at the Tesla Gigafactory construction site in Grünheide near Berlin, September 3, 2020. Patrick Pleul | picture alliance | Getty Images The price of ethereum rose Wednesday afternoon after Tesla and SpaceX CEO Elon Musk......

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