Skip to content
Brief Briefing
  • Environment
  • World
  • UK
  • US
  • Business
  • Politics
  • Sports
  • Technology
  • Science
  • Privacy Policy
    • DMCA / Copyrights Disclaimer
    • Terms and Conditions
    • Disclaimer
    • Whitelist
Brief Briefing
  • Environment
  • World
  • UK
  • US
  • Business
  • Politics
  • Sports
  • Technology
  • Science
  • Privacy Policy
    • DMCA / Copyrights Disclaimer
    • Terms and Conditions
    • Disclaimer
    • Whitelist
Environment

We’re on Fed watch and tracking a parabolic move higher in one of our struggling stocks

adminby admin January 29, 2025 0
We're on Fed watch and tracking a parabolic move higher in one of our struggling stocks

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. U.S. stocks were mixed Wednesday ahead of the Federal Reserve’s interest rate decision in the afternoon. The S & P 500 and Nasdaq slipped, while the Dow ticked slightly higher. “We may hear that rate cuts are not as visible,” Jim Cramer said. “[But] the fact that we don’t have rate cuts yet doesn’t mean that the Fed is against us. Those who think that are short-sighted.” Wall Street is also still digesting market volatility from DeepSeek’s emergence . Portfolio stocks Nvidia and Broadcom have been most impacted by the rout. They were dropping again Wednesday after bouncing in the prior session. On Monday, Nvidia lost nearly 17% and Broadcom fell 17.4%. 2. Wall Street showed Nextracker some love following a stellar earnings report Tuesday evening. Shares were soaring more than 20% on Wednesday, trading near $50 each at session highs. Barclays and Jefferies upgraded the solar stock to buy from hold after management raised the company’s full-year profitability outlook. Analysts at Barclays described Nextracker as having “flawless execution” this quarter. Nevertheless, we kept our Club hold-equivalent 2 rating on the stock. It’s not our style to chase a parabolic move like this. We also maintained our $55-per-share price target. 3. Oppenheimer downgraded Apple to a hold-equivalent rating from buy — one day before the company’s quarterly earnings release due out Thursday evening. Analysts cited stronger smartphone competition in China and a lack of compelling Apple Intelligence and generative artificial intelligence applications to cause an iPhone upgrade cycle. We’re not surprised by the call, especially given the stock’s big rally this week. Like Wall Street, Jim is also expecting a lackluster quarter from Apple. Still, he maintained his “own, don’t trade” thesis on shares. 4. Stocks covered in Wednesday’s rapid fire at the end of the video were: T-Mobile, Alibaba , ASML , Brinker, and Otis. (Jim Cramer’s Charitable Trust is long AAPL, NVDA, AVGO, NXT. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.

FacebookTwitterPinterestLinkedinRedditMixEmail
admin admin
You may also like

Final phase of ‘world’s largest offshore wind farm’ will use GE’s giant turbines

by admin
Tankers seen heading to Russia as oil price cap goes into effect on exports

Tankers seen heading to Russia as oil price cap goes into effect on exports

by admin

‘You’ve got to eat’: Energy bills are squeezing businesses and people as UK costs soar

by admin
Govt refuses to deny reports that HS2 may not run to London Euston until 2038... if at all

Govt refuses to deny reports that HS2 may not run to London Euston until 2038… if at all

by admin

Is this the end of OPEC? How Saudi Arabia and UAE infighting threatens the future of the oil alliance

by admin

India Restricts Module Models Allowed To Be Installed At New Projects

by admin

Post Navigation

Previous Post
Microbes Uncovered in Amazon Peatlands Could Alter Global Carbon Dynamics
Microbes Uncovered in Amazon Peatlands Could Alter Global Carbon Dynamics
Next Post
Vera C. Rubin Observatory to Detect Millions of Exploding Stars
Vera C. Rubin Observatory to Detect Millions of Exploding Stars
Categories
  • Business
  • Environment
  • Politics
  • Science
  • Sports
  • Technology
  • UK
  • Uncategorized
  • US
  • World
January 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Dec   Feb »
  • DMCA / Copyrights Disclaimer
  • Terms and Conditions
  • Whitelist Us
  • Disclaimer
  • Privacy Policy
  • Abuse
NeoMag 2019. All Rights Reserved.
  • Environment
  • World
  • UK
  • US
  • Business
  • Politics
  • Sports
  • Technology
  • Science
  • Privacy Policy
    • DMCA / Copyrights Disclaimer
    • Terms and Conditions
    • Disclaimer
    • Whitelist