What Jim Cramer is watching Wednesday — Our favorite economic recovery play
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Jim Cramer.
Scott Mlyn | CNBC
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This is what I’m looking at January 5, 2022
- Boeing (BA)Places an Order!!… Allegiant Air, 50 737Max!!!!!... The pulse !!!!… is there Trust is the key…we believe in it, but it has been hard…
- JPMorgan lowers tower stock prices: American Tower (AMT)Hold to Sell Crown Castle (CCI)Buy to Hold Analyst sees prolonged period of slow growth.
- Piper saysTime to Buy Pinterest (PINS)…says it has come down enough.
- Chevron (CVX)Upgraded hold at Wells Fargo to Buy…we highlighted it at our monthly club call as our favorite large cap energy company… Occidental Petroleum (OXY)Keep to sell at Wells BP (BP)It is possible to buy !… Hold on to Buy Chesapeake (CHK)…
- KeyBanc starts Plug Power (PLUG)With a buy and liking the clean hydro segment… It is something I also like, however, we have been slow to adopt it, which has hurt the PLUG tale… Ballard Power (BLDP)It starts with a hold…
- Peloton (PTON)JPMorgan reduces PT to $70 from $50
- Atlantic Equities begins Roku (ROKU)A sell-and-statement that your business is struggling and the international market isn’t doing well…
- RBC: 3M (MMM) Keep to sell—operational and legal issues hurting it…
- Emerson Electric (EMR)RBC upgrade to hold – Analyst says the right stage in the cycle Attractive SOP. Sum of parts )…
- Estee Lauder (EL)Bank of America moves from Buy to Hold, but completely on Valuation. We sold the bank here to fund our trust as it was too high…we want to get it back below $340…
- UBS calls major call Salesforce (CRM)-buy to hold… say sales getting softer—MuleSoft is the problem?…how many times have I heard that?…saying that they sold a lot last year and it was a pull forward… This call is doubtful. Salesforce is an important trust position and we believe that it is performing well. We are currently up, but we’ll wait to see if the stock drops… If we need to purchase more, we’ll…
- Union Pacific (UNP)Citi raises price targets from $245-$287… club name… betting on good yields, and that congestion will ease… This is by far our favorite name-a play on ports getting better and costs coming down… Citi raised targets for NSC and CSX, too
- KLA Corp. (KLAC)We started by buying at Jefferies… highlightedThe semi-equipment firm was chosen by Mad Money to be one of last night’s buyers… This is huge, even though it was last year’s top ten Nasdaq 100 win… They love Lam Research (LRCX)And Applied Materials (AMAT), too… So do I… secular shift….
- Regeneron (REGN)…Bank of America calls the Covid bump over, and Eylea & Dupixent say it’s done. This call is not relevant to me as I did not believe there was enough Covid in the numbers to start with ….hold-to-sell… They also downgraded Amgen (AMGN)This really doesn’t have anything new… it is a dud… Pfizer (PFE)Hold to buyOn pill
- Mizuho raises Eli Lilly (LLY)Our favorite target name, and we will discuss it on Halftime Report today…
- Mizuho likes AbbVie (ABBV)Name with the highest large cap…as for club… Cheap, high yielding and without as many patent cliffs as we thought… 4.1% Yield…
- Altria (MO)Bank of America advises to buy-to-hold…
- WOW… Williams-Sonoma (WSM)…PT $250 to $190 at Wedbush—saying sales slowed markedly… hurt by omicron… REALLY?—it is mostly on line!
- Dick’s Sporting Goods (DKS) gets best idea nod at Wedbush—sales were very strong and it has gotten no credit…
- Nvidia (NVDA)At CES… New gaming chips will be essential ….
- Pfizer’s pill requires a defense production act…
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