We are making two trades Wednesday: Selling 15 shares of Goldman Sachs at roughly $938 each, which leaves Jim Cramer's Charitable Trust with 170 shares of GS, decreasing its weight in the portfolio to 4.15% from 4.5% Buying 65 shares of Johnson & Johnson at roughly $223, which brings the Trust's JNJ ownership to 290 shares, increasing its weight in the portfolio to 1.7% from 1.3% Goldman Sachs We'...
We are making two trades Wednesday: Selling 15 shares of Goldman Sachs at roughly $938 each, which leaves Jim Cramer's Charitable Trust with 170 shares of GS, decreasing its weight in the portfolio to 4.15% from 4.5% Buying 65 shares of Johnson & Johnson at roughly $223, which brings the Trust's JNJ ownership to 290 shares, increasing its weight in the portfolio to 1.7% from 1.3% Goldman Sachs We're locking in big profits on our Goldman Sachs position as shares of the investment banking giant continue climbing back toward the highs reached earlier this year. The stock has moved a leg higher since we last trimmed the position after its weighting crossed above 5% in the portfolio. We're taking advantage of this latest move to further pare the position back. From this sale, we will realize a gain of about 67% on stock purchased in December 2024. Johnson & Johnson Healthcare stocks have become completely out of favor in this AI-driven market, but we're willing to be patient with high-quality companies that consistently beat earnings estimates and raise their annual outlooks. As frustrating as the group has become to own, when the market mostly only has eyes for AI and data center related names, the fact is that all three of our healthcare positions delivered bottom-line beats this earnings season and raised their full-year outlooks, giving us increased confidence in their fundamentals. Only Eli Lilly generated a positive reaction to the quarter. We're sticking with Johnson & Johnson and Cardinal Health as well. We've held off from adding to J & J for a couple of weeks, but we're ready to make our next buy because the company had positive news on Tuesday that went unnoticed. We mentioned in Tuesday's HomeStretch that the company's Ottava robotic surgery system achieved a critical milestone in its first clinical study. This important update should clear the way for the Food and Drug Administration (FDA) to approve the system for multiple procedures. This robotic system is...
Investors monitor benchmark stock indexes at a securities brokerage in Shanghai. Photo: VCG Earnings for Chinese mainland-listed companies rebounded modestly in 2025 entirely on the back of the financial sector, while non-financial firms recorded their third consecutive year of profit declines. The stark divergence underscores the persistent pressures weighing on China’s broader economy, but a sha...
Investors monitor benchmark stock indexes at a securities brokerage in Shanghai. Photo: VCG Earnings for Chinese mainland-listed companies rebounded modestly in 2025 entirely on the back of the financial sector, while non-financial firms recorded their third consecutive year of profit declines. The stark divergence underscores the persistent pressures weighing on China’s broader economy, but a sharper, more broad-based earnings recovery in the first quarter of 2026 suggests corporate fundamentals may finally be finding a floor.
The S&P 500 Index ($SPX ) (SPY ) today is up +0.76%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.94%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.19%. June E-mini S&P futures (ESM26 ) are up +0.81%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.76%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.94%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.19%. June E-mini S&P futures (ESM26 ) are up +0.81%, and June E-mini Nasdaq futures...
Lean hog futures posted 65 cent to $1.80 gains on Tuesday. Open interest suggested net new buying, up 2,508 contracts. USDA’s national base hog price was not reported on Tuesday afternoon due to packer submission issues. The CME Lean Hog Index was back down 27 cents on May 1 at...
Lean hog futures posted 65 cent to $1.80 gains on Tuesday. Open interest suggested net new buying, up 2,508 contracts. USDA’s national base hog price was not reported on Tuesday afternoon due to packer submission issues. The CME Lean Hog Index was back down 27 cents on May 1 at...
A study of analyst recommendations at the major brokerages shows that POSCO Holdings Inc (Symbol: PKX) is the #46 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Globa
A study of analyst recommendations at the major brokerages shows that POSCO Holdings Inc (Symbol: PKX) is the #46 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Globa
tulcarion/E+ via Getty Images Investment action I had a hold rating for Mohawk Industries ( MHK ) previously, as I thought there were limited catalysts to drive a strong housing demand recovery. 1Q26 was better on execution, but I do not think this quarter changed the core debate. Underlying demand was still weak, with adjusted sales down 2.6%, while both FNA and FROW were down on an adj. basis. M...
tulcarion/E+ via Getty Images Investment action I had a hold rating for Mohawk Industries ( MHK ) previously, as I thought there were limited catalysts to drive a strong housing demand recovery. 1Q26 was better on execution, but I do not think this quarter changed the core debate. Underlying demand was still weak, with adjusted sales down 2.6%, while both FNA and FROW were down on an adj. basis. MHK is executing the business better, but until residential demand shows a clearer recovery, I don’t think we can be more bullish. 1Q26 earnings review Total net sales came in at ~$2.73 billion, up 8% as reported but down 2.6% after adjusting for constant days and exchange rates. At the segment level, Global Ceramic [GC] was the strongest with sales up 10.4% y/y to $1.097 billion as reported and down only 0.2% on an adjusted basis. Flooring North America [FNA] sales were also up slightly as reported by 2%, but down 4.1% adjusted. As for Flooring Rest of the World [FROW], reported sales were up 12.2% but down 4.4% on an adjusted basis. That said, margins did much better. Gross margin expanded 70bps y/y on an adjusted basis to 24.8%, and with SG&A as a percentage of sales flat at 19.4%, adj. EBIT margin expanded to 5.5% of sales. This led to a net earnings performance of $117 million, and both reported and adj. EPS were $1.90. Pricing and mix MHK’s self-help story looks more credible after this recent quarter because it finally showed up in the numbers. There are two levers that worked together: pricing and mix. On pricing, MHK moved early, raising prices across products and geographies to offset higher energy, raw material, and freight costs. As much as this may seem like a natural move, the fact that MHK was able to raise prices and not simply take the inflation hit shows that management is trying to protect unit economics even while demand remains soft. On mix, MHK is still seeing more demand for newer and more premium products, especially in GC, including higher-end produc...
One of Wall Street’s top firms just put its stamp of approval on cybersecurity leader Palo Alto Networks (NASDAQ:PANW). On May 6, 2026, BTIG raised its PANW stock price target to $216 from $200 and reiterated a Buy rating, citing a fresh round of channel checks with partners and customer contacts that came back “constructive ... BTIG Just Got Bullish on Palo Alto Networks: Price Target Climbs to $...
One of Wall Street’s top firms just put its stamp of approval on cybersecurity leader Palo Alto Networks (NASDAQ:PANW). On May 6, 2026, BTIG raised its PANW stock price target to $216 from $200 and reiterated a Buy rating, citing a fresh round of channel checks with partners and customer contacts that came back “constructive ... BTIG Just Got Bullish on Palo Alto Networks: Price Target Climbs to $216 on Improving Channel Checks
Ian Dewar Photography/iStock Editorial via Getty Images Berkshire Hathaway (NYSE: BRK.A ) (NYSE: BRK.B ) is unique in a world mega-caps, given that it's not a tech conglomerate chasing artificial intelligence. As a result, the firm has underperformed the S&P 500 ( VOO ), down more than 6% YTD as the market has gone up by 6%. Despite that, Berkshire Hathaway maintains a real and diverse portfolio, ...
Ian Dewar Photography/iStock Editorial via Getty Images Berkshire Hathaway (NYSE: BRK.A ) (NYSE: BRK.B ) is unique in a world mega-caps, given that it's not a tech conglomerate chasing artificial intelligence. As a result, the firm has underperformed the S&P 500 ( VOO ), down more than 6% YTD as the market has gone up by 6%. Despite that, Berkshire Hathaway maintains a real and diverse portfolio, with ready to deploy cash, positioning itself for long-term returns. Berkshire Hathaway Earnings Berkshire Hathaway has continued to earn strong earnings with an impressive balance sheet. Berkshire Hathaway Press Release The company had more than $11 billion in investment gains for the quarter, substantial YoY improvement. The business alone, minus all equity and cash, is throwing off more than $40 billion in annual operating earnings putting it at a P/E of 25x before all of that. We have one disappointment here, a lack of share repurchases which were just a few hundred $ million in the quarter. At its current valuation, we would like to see Berkshire Hathaway repurchase in the $ billions. We'd like to see a ramp up essentially with all the shares that can be purchased at less than $500 / share up to the 10% float limitation. Berkshire Hathaway Press Release At the same time, Berkshire Hathaway had strong performance across its segments. BNSF, BHE, and the company's other segments all outperformed substantially. The company's insurance business outperformed with underwriting + income generating more than $4 billion in the quarter. The strength across every facet is key for a tough market with high prices. Berkshire Hathaway Portfolio Berkshire Hathaway has built up an incredibly impressive equity portfolio worth almost $330 billion. Berkshire Hathaway Portfolio - CNBC Despite selling some of the assets, Apple remains the largest investment at almost $65 billion. Long-term other quality investments such as American Express, Coca Cola, and Bank of America sit here. That inclu...
Hut 8 Mining Corp (TSX:HUT, Unlisted (US):HUTMF) shares surged nearly 33% on Wednesday after the cryptocurrency miner-turned-AI infrastructure developer announced a $9.8 billion, 15-year triple-net lease with a high investment-grade tenant, marking a major milestone in the company's strategic...
Hut 8 Mining Corp (TSX:HUT, Unlisted (US):HUTMF) shares surged nearly 33% on Wednesday after the cryptocurrency miner-turned-AI infrastructure developer announced a $9.8 billion, 15-year triple-net lease with a high investment-grade tenant, marking a major milestone in the company's strategic...
blanscape Walt Disney ( DIS ) impressed investors and analysts with its FQ2 earnings report and management commentary on the road ahead. During the earnings conference call, new CEO Josh D'Amaro said the company's top priorities included investing in IP & creativity, reaching more consumers in more engaging ways, and using advanced tech/AI to power storytelling and increase monetization. On Wall S...
blanscape Walt Disney ( DIS ) impressed investors and analysts with its FQ2 earnings report and management commentary on the road ahead. During the earnings conference call, new CEO Josh D'Amaro said the company's top priorities included investing in IP & creativity, reaching more consumers in more engaging ways, and using advanced tech/AI to power storytelling and increase monetization. On Wall Street, Morgan Stanley analyst Sean Diffly said against the backdrop of heightened investor concerns on the macro and the state of the consumer, Disney ( DIS ) delivered a strong F2Q beat across segments, while refining/improving profit guidance and providing greater clarity, precision, and confidence on the path to sustainable double-digit earnings growth. JPMorgan analyst David Karnovsky and his team viewed the Disney ( DIS ) update as a modest beat and raise with buybacks helping to offset the EPS dilution from the NFL transaction. "All three segments were stronger-than-expected, with Entertainment outperforming on SVOD profitability and Experiences benefiting from solid current consumer demand and capacity expansion (cruises, Paris)," wrote Karnovsky. Bank of America analyst Jessica Reif Ehrlich described the FQ2 report as showing strong momentum for the company. The reiterated its Buy rating on Disney ( DIS ) and $125 price objective as it called out drivers such as profitability inflection/growth in DTC, reacceleration in the parks segment, multi-year sports segment upside (personalization, betting, and multiscreen), and the new re-energized senior management team. On Seeking Alpha, Long Player, Investing Group Leader for Oil & Gas Value Research, also weighed in. "Disney looks very good and very well positioned for a busy movie release schedule that for them carries into their next fiscal year. Cash flow and free cash flow are down most likely not only due to working capital needs but also due to investments in some new parks' items that also look good. More important...
The Artemis II mission was a glorious moment for space exploration and a sign of a potential $1 trillion investment boom in the global space industry over the next decade. More companies than ever stand to benefit from the growing number of objects being launched into orbit. Analysts at Morgan Stanley identified 60 companies poised to profit from the expanding space economy, including miners, fuel...
The Artemis II mission was a glorious moment for space exploration and a sign of a potential $1 trillion investment boom in the global space industry over the next decade. More companies than ever stand to benefit from the growing number of objects being launched into orbit. Analysts at Morgan Stanley identified 60 companies poised to profit from the expanding space economy, including miners, fuel producers and manufacturers of industrial gases and propulsion systems. “Space is back in a big way,” the analysts wrote in their report titled “The Space 60: Picks & Shovels for the Final Frontier.” While NASA doesn’t expect to return humans to the moon until 2028, the US Space Force has awarded contracts worth as much as $3.2 billion to a dozen companies to develop prototypes for space-based missile interceptors under President Donald Trump’s “Golden Dome” defense plan. Bloomberg Intelligence analysts Wayne Sanders and George Ferguson say the global space defense market may reach $1 trillion by 2035. And of course, there’s Elon Musk ’s rocketry and satellite company SpaceX , which won one of the aforementioned contracts. The dominant player in the sector is expected to go public later this year, targeting a valuation of more than $2 trillion in what is arguably the most hotly anticipated mega-IPO in a year that promises several of them. “Space has moved decisively from being a speculative frontier to a strategically vital, revenue generating investment theme,” said Mark Boggett , chief executive officer of Seraphim Space Investment Trust, whose holdings include Finnish satellite company ICEYE . So how can you get exposure to space in your portfolio? At some point, there may be a thriving interplanetary leisure sector, and penny-stock asteroid miners for risk-loving investors. For now, as Jason Hollands , managing director at Bestinvest, puts it: “Investing in space is less about betting on moonshots and more about backing the ecosystem of satellites, data and communicati...
Janice Chen/iStock Editorial via Getty Images LATAM Airlines ( LTM ), as I mentioned in my last article (check it here ), is a well-run airline with a heavy exposure to Brazil. But my previous view was that even being well-run, it was not enough. The landscape is so challenging, not only due to the Latin American context, but also due to the macroeconomic uncertainties that impact the airlines bus...
Janice Chen/iStock Editorial via Getty Images LATAM Airlines ( LTM ), as I mentioned in my last article (check it here ), is a well-run airline with a heavy exposure to Brazil. But my previous view was that even being well-run, it was not enough. The landscape is so challenging, not only due to the Latin American context, but also due to the macroeconomic uncertainties that impact the airlines business, as I mentioned in the excerpt below: “The problem, in my view, is that the environment in these countries is structurally poor for an airline to operate. Most costs are in dollars, especially fuel, which is a factor that companies have even less control over. Maintenance costs, expansion CapEx, and depreciation are all quite high, highly regulated, and mostly in USD.” Since then, the LTM stock fell 14.5%, part of this correction is related to the higher fuel price. But I am not putting this to say that I predicted something - no, it was just a coincidence. And even though the current context proves my point of instability, this seems like an interesting time to upgrade the rating of LTM for two reasons. The first is that the market is already pricing a large uncertainty, and this improves the valuation. The second is that LATAM has proven it knows how to navigate this more turbulent “sea (or sky)” Latam Q1 Earnings: Pretty Solid Just by analyzing the highlights it is already possible to see that this LATAM quarter was strong. Top line grew 21% YoY , and this with a substantial margin gain, with adj. operating income growing more than 40%. Besides that, it is worth mentioning that the fuel price practically did not affect the quarter, both due to the hedge and due to a bit of “delay” in the dynamics of purchasing fuel. LATAM Presentation But seeing how LATAM actually managed to deliver these numbers is what makes the quarter really bullish. The available seat kilometers (ASK) increased 10% with highlights for Brazil and International. But even increasing capacity, the...