6 Downsets that have been anointed by Wall Street & # 39;

admin July 16, 2019

8 3 minutes read

6 Downsets that have been anointed by Wall Street & # 39;

With the economic downturn in mind, CNBC's Jim Cramer took Monday to review the shares as he says big fund investors are paying attention to the rest of the year.

Money managers at the major financial institutions have the greatest influence on the prices of Wall Street, and understand how traders think it is the best way to measure which way assets on the market will fluctuate.

The host "Mad Money" ran through six stocks that he says viewers should be keeping their eyes on.

"These six slowdowns … stocks have been anointed by Wall Street. They don't go away," Cramer said. "They will be the other half-winners that the big money guys just can't get enough of. Remember them, people, because I bet they keep winning for the rest of the year."

1[ads1]. Estee Lauder

Estee Lauder, skin care, hair care and makeup brand, is a great game on the "selfie generation where everyone has to look good anytime they go out," Cramer said. The stock has achieved more than 33% this year and affected another 52 weeks high Monday before settling over $ 187 at the end.

Cramer approved CEO Fabrizio Freda, who launched a mentoring program where the company's younger staff educate their more experienced workers on the latest trends, such as "one of the smartest leaders I've ever met." While China remains a risk, the company said in its May performance report that it is "optimistic" about the long-term growth of the country.

2. Starbucks

Having traded relatively sideways for three years, Starbucks has seen its price spring from around $ 50 per share to $ 90 over the past year. Cramer gave credit to CEO Kevin Johnson, a technology veteran who took over in 2017, to land a $ 7.15 billion global deal with Nestle and approve a stock purchase program. Furthermore, the coffee chain has improved its loyalty program and its relationship with Chinese companies.

"It's important because the Chinese market is gigantic for these guys and it had slowed down. Now it comes back with revenge when Starbucks doesn't seem to suffer from many bad effects from the war," Cramer said. [19659005] 3. Chipotle

Chipotle Mexican Grill CFO Jack Hartung made a "sharp decision" to buy back shares in the restaurant chain as it weathered food security controversies in recent years, Cramer said, and the risk is profitable. CEO Brian Niccol, he continued, joined the company about 15 months ago and installed experienced leadership who had previously been missed.

Shares affected a full-time high during the session, effectively completing a level back to levels the company has not seen since mid-2015.

"Today, several companies raised their prizes on this, and I think they did the right thing," he said.

4. Nike

Nike fell with analysts' earnings expectations by 4 cents in the quarterly report at the end of June. Basically, 4% fell on the news in retrospect, the shares have since climbed almost 7% from Monday's proximity. Investors should typically be cautious when a stock rises without news, but Cramer suggests buying shares of the shoe brand on a dip.

"People think the next quarter will be better than the last. I think Nike has made a fantastic comeback at basically nothing," he said. "If this one comes down, buy it."

5. Procter & Gamble

Cramer emphasized that Procter & Gamble is a name he never gets the chance to recommend to viewers because it never seems to be withdrawn. Applause CEO David Taylor's Growth Improvement Leadership noted that the stock has become a favorite among consumer packaging.

Raw costs and shipping costs have both come down, which is a good recipe for Procter, he said.

"Higher market share, lower costs, better Chinese business." What don't you think about? Look at this stock, "Cramer said." Procter's stock doesn't go down. The moment it retires, perhaps by some market-oriented, strikes. "[6] McDonald's

McDonald's CEO Stephen Easterbrook" is a genius, "Cramer said. The ubiquitous restaurant chain has gone a long way to add to technology in business – including kiosks and mobile customer orders, and recently two tech acquisitions and franchises have followed Easterbrook's management.

The stock is over 20% this year.

"I think this stock has more space to run, even in a not so nice economy, "he said.