We’re buying 2 unfairly punished stocks and 1 on an analyst call
From CNBC: 2024-05-02 12:44:15
On Thursday, U.S. stocks rose after the Federal Reserve signaled no further interest rate hikes. Jim Cramer believes this is a win for stocks since the market reacted positively. Investors await Friday’s jobs report for more economic insight. Earnings season continued with Coterra Energy and Apple reporting after market close. The CNBC Investing Club is buying shares of TJX Companies, Stanley Black & Decker, and Linde. UBS upgraded TJX to a buy, citing potential market share gains from department stores. Subscribers receive trade alerts before Jim makes a move in his charitable trust portfolio. (Jim Cramer’s Charitable Trust is long CTRA, AAPL, TJX, SWK, LIN).
Read more at CNBC:: We’re buying 2 unfairly punished stocks and 1 on an analyst call