HomeFinance NewsPowell Industries: No Longer a Winner

Powell Industries: No Longer a Winner

Published on

In this news article, CNBC’s “Mad Money” host Jim Cramer provides his rapid-fire answers to callers’ stock questions. When asked about Solaris, Cramer describes it as an inexpensive stock in the oil field play that he likes. He believes it is a good speculative investment. However, when questioned about CVS, he expresses concerns about the company’s inability to address the theft problem effectively, leading him to advise against investing in it for now.

Moving on to Powell Industries, Cramer views it as a profitable company operating in the infrastructure and electricity market. He considers this sector to be a great play for 2023, suggesting that Powell Industries is poised for success. Another stock discussed is Cal-Maine Foods, whose year-to-date stock performance is highlighted. Cramer doesn’t offer any specific comments on the company. Finally, when discussing Boeing, he mentions that the company made a mistake by selling a lot of its contractors and still doesn’t feel right. He suggests that the stock could potentially go lower.

In summary, Cramer shares his thoughts on various stocks during the lightning round segment of his show. He expresses positive views on Solaris and Powell Industries, while raising concerns about CVS and Boeing. Cal-Maine Foods is mentioned, but no clear recommendation is provided. As always, Cramer’s rapid responses serve as valuable insights for viewers and investors.

Source link

Latest articles

Intel’s stock drops 20% due to announcement of 15,000 job cuts.

Intel's shares took a hit, dropping by 20% after the company announced plans to...

EUR/USD faces resistance at 1.0850 according to UOB Group – FXStreet

The EUR/USD pair is facing resistance at the 1.0850 level, according to analysts at...

Biden believes killing Hamas leader Haniyeh hinders ceasefire discussions – Reuters.

President Biden has stated that the killing of Hamas leader Ismail Haniyeh is not...

Pokemon Mystery Dungeon comes to Game Boy Advance – Nintendo Switch Online.

Nintendo Switch Online is expanding its Game Boy Advance library with the addition of...

More like this

Intel’s stock drops 20% due to announcement of 15,000 job cuts.

Intel's shares took a hit, dropping by 20% after the company announced plans to...

EUR/USD faces resistance at 1.0850 according to UOB Group – FXStreet

The EUR/USD pair is facing resistance at the 1.0850 level, according to analysts at...

Biden believes killing Hamas leader Haniyeh hinders ceasefire discussions – Reuters.

President Biden has stated that the killing of Hamas leader Ismail Haniyeh is not...