News Formal

3 catalysts we learned from earnings that should push our industrial stocks higher

  • 📰 CNBC
  • ⏱ Reading Time:
  • 9 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 52%
  • Publisher: 72%

Stock Takes News

Jim Cramer,Investment Strategy,Markets

Artificial intelligence, destocking, and pricing emerged as themes and reasons for optimism.

The industrial-focused names in the Club's portfolio wrapped up a pretty solid earnings season last week, but their stocks were largely not rewarded. Shares of toolmaker Stanley Black & Decker and industrial gas giant Linde tumbled on fiscal results Thursday, so the Club added to both positions on the overblown reactions. DuPont was the exception. The stock hit multi-year highs Wednesday after the specialty chemical maker delivered top and bottom line beats.

The industrial-focused names in the Club's portfolio wrapped up a pretty solid earnings season last week, but their stocks were largely not rewarded.

 

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

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Jamie Dimon: Artificial Intelligence to Have Huge Impact on Global BusinessJamie Dimon, CEO of JPMorgan Chase, believes that artificial intelligence will have a significant impact on global business this year. He compares its potential influence to major technological inventions of the past and states that nearly 40% of global employment could be disrupted by AI.
Source: CNN - 🏆 4. / 95 Read more »