We're overhauling our Bullpen watchlist — 3 stocks are gone, the rest stick around

Our watchlist of stocks got a much-needed shakeup at the November Monthly Meeting . Jim Cramer on Thursday reviewed the 10 companies in our Bullpen to determine how many still were worthy of being considered for the portfolio. Some were kicked out. Here's what Jim had to say about the whole group. Pepsico : After reporting a bad third quarter with declining sales in its key U.S. market in early October, Jim said it's time to remove the beverage-and-snacks giant from the Bullpen.

Amgen : Shares were hit hard this week on potential safety concerns related to its experimental obesity drug, though the company later pushed back on those claims . Some equity analysts agreed with Amgen's assessment at this stage in the clinical-trial process. Overall, Jim believes Amgen's cancer franchise is undervalued. We're leaving it in the Bullpen because "the stock has got a lot of good things going" besides its obesity treatment, Jim explained.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Jim Cramer explains how rising bond yields could dampen the market's rallyCNBC's Jim Cramer on Tuesday lamented rising bond yields' affect on the market.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Jim Cramer ascribes market rally to Trump's victory and pro-big business policiesCNBC’s Jim Cramer reviewed Wednesday’s market action.
Источник: NBCPhiladelphia - 🏆 569. / 51 Прочитайте больше »

Jim Cramer's top 10 things to watch in the stock market ThursdayWall Street is headed for a higher open Thursday ahead of the Federal Reserve's latest interest rate decision.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Jim Cramer's top 10 things to watch in the stock market Wednesday: Trump victory editionWall Street surged Wednesday after Donald Trump defeats Kamala Harris in the presidential race.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Jim Cramer's top 10 things to watch in the stock market TuesdayWall Street was looking slightly higher ahead of the open on Election Day.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Jim Cramer's top 10 things to watch in the stock market FridayThe S&P 500 and Dow were on track for muted opens Friday after big advances in response to Donald Trump's presidential victory.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »