News Formal

This portfolio health-care stock is a buy if its post-earnings pullback continues

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 49%
  • Publisher: 72%

Morning Meeting Recaps News

Jim Cramer,Investment Strategy,Markets

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

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 rose Thursday as the S & P 500 and Nasdaq Composite attempted to recover from its four-day losing streak. The pullback in equities has come as investors reconsider interest rate cut expectations in light of hotter inflation data and monitor tensions in the Middle East.

After purchasing more shares of the medical-technology company Wednesday morning, we're looking to buy again on additional weakness. Mizuho upgraded Linde stock to a buy from hold. Analysts at the firm argue that Linde is among the most defensive and consistent earnings growers in their coverage group, which should lead to stock outperformance.

 

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 US

United States United States Latest News, United States United States Headlines

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

Here are 4 quality names we brought more of in this week's oversold stock marketThe Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
Source: CNBC - 🏆 12. / 72 Read more »