What I’m looking forward to on August 1, 2022 I’m looking for signs of peaking. M2 has peaked and could be ready for a big fall. (M2 is a broad measure of the money supply in the United States). Are consumer budgets stretched? They still have a huge amount of cash in their accounts. (Good for banks with high fed funds rate but the stock has not been reclassified). People are afraid of owning banks in a recession. Post-SPAC deals have done horribly against the S&P 500. Please walk away. (Special purpose buyouts are a way companies can go public.) Wolfe Research starts cybersecurity firm Palo Alto Networks (PANW) with a buy rating (outstanding performance). The target is $700 per share, which would be 40% higher than near $500 at Friday’s close. Totally agree and will explore on Monday “Mad Money” tonight with the agricultural company AGCO (AGCO), which has been hit by a cyber attack. Barclays lowered its rating: Comcast (CMCSA) to hold from buy (equal weight from overweight); Charter Communications (CHTR) for sale from possession (underweight by equal weight). Target rental rates for Morgan Stanley, Deutsche Bank and Pivotal Research have also been lowered. Citi reduced both the Celanese (CE) and Eastman Chemical (EMN) chemical companies to hold (neutral) the purchase. Is this the start of a dangerous drop in the prices of key chemicals that would be bullish for deflation? Wolfe Research lowers Plains All American (PAA) rating to stop buying (peer outperformer). Pipeline coup? I don’t see that happening. Stanley Black & Decker (SWK) reduced to equal weight gain (a decade of purchase) at Wells Fargo. The consumer is weak, the next pro? Raymond James lowered Mohawk Industries (MHK) flooring to hold from buy (outperforming market outperformance) another slowdown in the home improvement industry. Pivotal takes Sirius XM (SIRI) to refrain from buying, and cites consumer concerns in the stagnation. Bumble Online Dating Platform (BMBL): Jefferies sees an acceleration in revenue but cuts it anyway. fluctuations in world prices, which led to a “tremendous rise”; Gives Group Match Competition (MTCH) more love. Exacerbating foreign currency headwinds makes the BMBL assessment less convincing, Jeffries says. Deutsche Bank Church & Dwight (CHD) lowers price target to $93 per share from $99; Disappointing results and directions. CHD manufactures consumer products including condoms. Deutsche Bank takes price target for owner Chili’s and Magiano Brinker International (EAT) to $33 a share from $41, while maintaining the rating as pending. Deutsche Bank cuts price for PT on Outback and owner Carrabba’s Italian Grill Bloomin’ Brands (BLMN) to $28 per share from $30. Citi has lowered its target price on Southwest Airlines (LUV) to $42 a share from $46, and considers the carrier to have reasonable value. Trust Securities on Redfin (RDFN) says housing numbers can be missed. A sharper-than-expected slowdown lowered the numbers. RDFN reports quarterly on Thursday. Boeing (BA) 787 Dreamliner authorized to resume deliveries by the FAA; Nor did it attack three Boeing factories. China’s weakness in manufacturing and housing calls for a decline in commodities; PMI Miss. Barclays raises its price target on Pfizer Inc. (PFE) to $52 per share from $50. Barclays raises its target price for life sciences company Thermo Fisher (TMO) to $685 per share from $630. room to run. admire. But the club prefers Danaher Holdings (DHR), which was one of the biggest hits of the quarter. Big call: Target (TGT) upgrade to buy from hold (overweight of equal weight at Wells Fargo. Barclays cuts target price on VF Corp. (VFC), owns North Face, Timberland and other apparel brands, to $46 per share from 48 $ Hate clothing Deutsche Bank price target on VFC to $56 from $59 Cowen cuts American Eagle Outfitters (AEO) rating to carry from buy (outperforming market outperformance), expects writedowns to come. Apparel prices lower Deutsche Bank Ralph Lauren (RL) price target cuts to $99 per share from $101. Why bother? Deutsche Bank cut price target: Uber (UBER) to $40 per share from $50. Lyft (LYFT) to $16 from $28.( Jim Cramer’s Charitable Trust Long DHR. See here for a full list of stocks.) As a CNBC Investing Club subscriber with Jim Cramer, you will receive a trade alert before Jim places a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock In his charitable trust portfolio, if Jim talks about Share on CNBC TV, it waits 72 hours after the trade alert is issued before executing the trade. The above investment club information is subject to our Terms and Conditions and Privacy Policy, along with our disclaimer. No fiduciary obligation or duties will be created, or be created, by virtue of your receipt of any information provided in connection with the Investment Club. There are no specific results or guaranteed profit.
Shoppers stroll the Pitt Street Mall on June 07, 2022 in Sydney, Australia. Australian consumer price inflation accelerated to a 21-year high in the last quarter and is likely to accelerate further as food and energy costs explode, fueling speculation that interest rates will need to more than double to control the outbreak.
Brendon Thorne | Getty Images News | Getty Images
What I look forward to on August 1, 2022
Find peak signs. M2 has peaked and could be ready for a big fall. (M2 is a broad measure of the money supply in the United States). Are consumer budgets stretched? They still have a huge amount of cash in their accounts. (Good for banks with high fed funds rate but the stock has not been reclassified). People are afraid of owning banks in a recession.
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