Jim Cramer's top picks for pet-centric stocks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 34 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 72%

Eli Lilly And Co خبریں

THE JM SMUCKDRN,Elanco Animal Health Inc,Chewy Inc

CNBC's Jim Cramer pinpointed Chewy, Elanco and J.M. Smucker as pet stocks worth a look for investors.

As some of the market's hottest stocks take a pause, CNBC's Jim Cramer on Tuesday told investors it may be wise to get into some "slowdown stocks," like companies with products related to pets.on Tuesday told investors it may be wise to get into some "slowdown stocks," like companies with products related to pets.

Cramer noted that Chewy's stock has rebounded over the past few months, steadily on the rise since the company reporteda "gamechanger," and was impressed by significant earnings growth over the past year and commentary from management that indicated positive trends in pet adoption., Elanco has many promising treatments in its pipeline, Cramer said.

"I'm going with Smucker because of its distinctive shrink-to-grow-more-profitably lucrative narrative in pet food," he said. "Plus, I think this is a good moment to own a defensive consumer packaged goods name because the market's gotten a little more difficult."

 

آپ کے تبصرے کا شکریہ۔ آپ کا تبصرہ جائزہ لینے کے بعد شائع کیا جائے گا۔
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:

 /  🏆 12. in PK

پاکستان تازہ ترین خبریں, پاکستان عنوانات

Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔

Jim Cramer’s guide to investing: Sometimes market moves are just ‘noise’CNBC's Jim Cramer warned investors about taking every individual stock move to heart.
ذریعہ: CNBC - 🏆 12. / 72 مزید پڑھ »