Here's why we scooped up additional shares of these 2 lagging health-care stocks

GE Healthcare Technologies Inc News

Here's why we scooped up additional shares of these 2 lagging health-care stocks
Abbott Laboratories,Dow Jones Industrial Average,Morning Meeting Recaps

The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 43%
  • Publisher: 72%

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. U.S. stocks advanced Thursday as Wall Street digested fresh labor market data and additional corporate earnings. Weekly jobless claims hit their highest level since August, renewing hopes that the Federal Reserve will deliver interest rate cuts sooner rather than later.

GE Healthcare — which we also bought more of Wednesday — continues to battle back from its earnings plunge April 30. Including a more-than-1% advance in Thursday's session, the stock has now recouped nearly half its earnings-driven losses. While the maker of MRI and X-ray machines delivered a weaker-than-expected quarter last month, we were encouraged to see management maintain its full-year guidance.

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:

CNBC /  🏆 12. in UK
 

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Jim Cramer says patience in Wynn Resorts will be rewarded after surprise post-earnings dropJim Cramer says patience in Wynn Resorts will be rewarded after surprise post-earnings dropThe Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
Read more »

Disney's earnings sell-off opens the door to buy back stock we sold higherDisney's earnings sell-off opens the door to buy back stock we sold higherThe Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
Read more »

What we're looking for when Disney posts quarterly earnings on Tuesday morningWhat we're looking for when Disney posts quarterly earnings on Tuesday morningThe Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
Read more »

Jim Cramer's Friday thoughts on 5 stocks: Cloudflare, DraftKings, Expedia, Booking and HersheyJim Cramer's Friday thoughts on 5 stocks: Cloudflare, DraftKings, Expedia, Booking and HersheyJim Cramer looks at stocks in the news of companies outside the CNBC Investing Club portfolio.
Read more »



Render Time: 2025-01-12 14:17:55