We are buying 55 shares of Abbott Laboratories at roughly $100.89 and 200 shares of Coterra Energy at roughly $27.44. Following the trades, Jim Cramer's Charitable Trust will own 950 shares of ABT, increasing its weighting to 3.00% from 2.84% and 3,100 shares of CTRA, increasing its weighting to 2.65% from 2.48%. We're putting some cash to work into the down open Wednesday. Once again, we are adding to our position in Abbott Labs.
We continue to believe this disconnect creates an opportunity to slowly buy this Dividend Aristocrat on weakness. We're adding to Coterra because we want to more energy exposure on our books due to the rising geopolitical tensions in the Middle East. Coterra Energy has been our long preferred name due to its capital efficiency and ability to flex investment between oil and natural gas – whatever is most economical based on commodity prices.
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:
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.
1 Stock to Buy, 1 Stock to Sell This Week: Salesforce, Dollar GeneralStocks Analysis by Investing.com (Jesse Cohen) covering: Nasdaq 100, S&P 500, Dow Jones Industrial Average, Dell Technologies Inc. Read Investing.com (Jesse Cohen)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »
1 Stock to Buy, 1 Stock to Sell This Week: Nvidia, TargetStocks Analysis by Investing.com (Jesse Cohen) covering: Nasdaq 100, S&P 500, Dow Jones Industrial Average, Ross Stores Inc. Read Investing.com (Jesse Cohen)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »
Apple's quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback newsApple announced a 4% increase to its quarterly dividend, and the company is spending a record $110 billion to buy back its own stock.
Source: 10News - 🏆 732. / 50 Read more »
1 Stock to Buy, 1 Stock to Sell This Week: Arista Networks, Rivian AutomotiveStocks Analysis by Investing.com (Jesse Cohen) covering: Nasdaq 100, S&P 500, Dow Jones Industrial Average, General Motors Company. Read Investing.com (Jesse Cohen)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »
1 Stock to Buy, 1 Stock to Sell This Week: Walmart, DeereStocks Analysis by Investing.com (Jesse Cohen) covering: Nasdaq 100, S&P 500, Dow Jones Industrial Average, Cisco Systems Inc. Read Investing.com (Jesse Cohen)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »