Cramer picks favorite down-and-out stock for 2023 and calls a bottom on another name

  • 📰 CNBC
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Investing Club: Cramer picks favorite down-and-out stock for 2023 and calls a bottom on another name

There are two stocks in our portfolio that are in rough shape. But Jim Cramer said during the Club's December "Monthly Meeting" on Thursday that he has hope for both of them. Disney , Jim said, might just be his favorite down-and-out stock for 2023. But let's connect the dots on how he got there. He said he tried to work with recently-ousted CEO Bob Chapek , and even tried to understand his vision for the company.

Robert Iger, Chairman and CEO at The Walt Disney Company speaks in Laguna Beach, California, October 22, 2019.There are two stocks in our portfolio that are in rough shape. But Jim Cramer said during the Club's December "Monthly Meeting" on Thursday that he has hope for both of them.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

“Market in Turmoil” - but at least Cramer was able to take his daily Elon cheap-shot : comparing Twitter/Musk to FTX/SBF. It’s almost as if Cramer’s talking points for CNBC are coming from an agenda-driven political entity 🤔

Buying the down and out and shorting the bottomed one. Inverse Cramer is the best strategy 2022

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer says he likes these 5 consumer staple stocks in 2023With the central bank looking unlikely to pivot anytime soon, fears are mounting on Wall Street that a recession could be in the cards for next year.
Source: CNBC - 🏆 12. / 72 Read more »

Best stock picks for 2023: Here are Wall Street analysts' most heavily favored choicesSlowing inflation and a policy pivot by the Federal Reserve could set up a rebound year for stocks. Riiiiiiigggghhhhhhht! Because they have steered me right in 2022, or ever for that matter. The general belief amongst CEOs and strategists is that we’re hitting a deeper recession in 2023. First inflation rate contraction and then earnings. Waiting on earnings for capitulation.
Source: MarketWatch - 🏆 3. / 97 Read more »

Here are JPMorgan's top clean energy picks for 2023 after tough year for sectorNext year should be a pivotal one for clean energy companies — and certain stocks are poised to stand out in the crowd, said JPMorgan. If Yellen and Powell were CEOs they would have been fired. If they were in China they would be executed!!!!
Source: CNBC - 🏆 12. / 72 Read more »