Stocks discussed on the in-depth session of Jim Cramer’s Mad Money TV Program, Wednesday, December 21.
Is it too late to participate in the rally? Cramer doesn’t think so. “If you want to understand how this market has been able to run so much since the election, you have to stop thinking of the stock market as some kind of unified whole, and start viewing it as a market of stocks,” he said.
The stocks that are leading the Dow to hit 20,000 are less vulnerable and are justified to be at the current levels, in Cramer’s opinion. Most of the gains in the Dow are from stocks that are up more than 10% since the election, and don’t have a lot of overhead supply.
The stocks always had sellers and profit taking, but that rhetoric has changed since the election. “The biggest winners here are a host of stocks that simply don’t have a lot of flippers; there is not much profit-taking because at least so far there isn’t much profit to take,” he said. Some of those names are American Express (NYSE:AXP), Travelers (NYSE:TRV), UnitedHealth (NYSE:UNH), Boeing (NYSE:BA), Disney (NYSE:DIS), Verizon (NYSE:VZ), Chevron (NYSE:CVX), Caterpillar (NYSE:CAT), Goldman Sachs (NYSE:GS) and JP Morgan (NYSE:JPM).
Best Gold Stocks To Watch For 2018: IPG Photonics Corporation(IPGP)
Advisors’ Opinion:
- [By Dan Caplinger]
Monday began on a down note for the stock market, as the Dow Jones Industrials fell back down below the 20,000 level. Major market benchmarks finished with losses of 0.6% to 0.8%, and some market commentators attributed the declines to nervousness about the Trump administration’s actions to clamp down on immigration. Others noted that the latest reading of U.S. economic growth showed a 1.9% rise in gross domestic product for the fourth quarter, finishing the year with an overall GDP increase of just 1.6%, down a full percentage point from 2015’s growth. Despite the overall sullen mood in the market, some stocks gained ground, and GoPro (NASDAQ:GPRO), Movado Group (NYSE:MOV), and IPG Photonics (NASDAQ:IPGP) were among the best performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.
Best Gold Stocks To Watch For 2018: iShares Mortgage Real Estate Capped (REM)
Advisors’ Opinion:
- [By Donald van Deventer]
The latest implied forward rate forecast from Kamakura Corporation shows projected 10-year U.S. Treasury yields differing -0.07% to 0.03% from last week while fixed rate mortgage yields varied by -0.01% to 0.08%. Mortgage yields, determined by the Monday through Wednesday weekly survey of the Federal Home Loan Mortgage Corporation, lag Treasury movements simply because of the 3-day yield calculation used in the Primary Mortgage Market Survey. The 10-year U.S. Treasury yield is projected to rise from 2.92% at Thursday’s close (down 0.06% from last week) to 3.374% (down 0.06% from last week) in one year. The 10-year U.S. Treasury yield in ten years is forecast to reach 4.639%, 1 basis point lower than last week. The 15-year fixed rate mortgage rate is forecast to rise from the effective yield of 3.69% on Thursday (down 0.001% from last week) to 4.222% (down 0.006% from last week) in one year and 6.29% in 10 years, up 0.038% from last week. We explain the background for these calculations in the rest of this note, along with some mortgage servicing rights metrics. The forecast allows investors in exchange traded U.S. Treasury funds (TLT) (TBT), total return bond funds (BOND), municipal bonds (NUV) and exchange traded mortgage funds (REM) to assess likely total returns over the next 120 months. Treasury-related exchange traded funds affected by the forward rates include:
Best Gold Stocks To Watch For 2018: S&P GSCI(GD)
Advisors’ Opinion:
- [By WWW.THESTREET.COM]
General Dynamics (GD) is number four in the U.S. The company provides combat vehicles; information technology solutions for the military; maintenance overhaul and repair for military aircraft; submarines; and surface ships.
- [By Rich Smith]
The U.S. Army wants General Dynamics (NYSE:GD) to build it a super-tank — an improvement over the ubiquitous M1 Abrams main battle tank that is currently the mainstay of the U.S. Army and the U.S. Marine Corps.
- [By WWW.KIPLINGER.COM]
Its this kind of environment that has made the iShares U.S. Aerospace & Defense ETF(ITA) one of the best-performing ETFs over the past decade. Companies like Lockheed Martin Corporation (LMT) and General Dynamics Corporation (GD) have thrived by producing solutions funded by a thick military wallet.
- [By Alex McGuire]
Since the early 1960s, aerospace and defense companies have been building vehicles for space agencies like NASA. For example, General Dynamics Corp. (NYSE: GD) was contracted to help build the propulsion rocket systems for the famous Apollo missions.
- [By Jon C. Ogg]
General Dynamics Corp. (NYSE: GD) was last trading at $173.21 versus a Merrill Lynch price objective of $200.00 for the company. That implies a gain of 15% if Merrill Lynch is right, and then there is the 1.8% dividend yield to consider for total return investors. General Dynamics has a consensus analyst target price of $186.06 and a 52-week range of $121.61 to $180.09.
- [By Rich Smith]
As details about the Pentagon’s plan have emerged, it’s become clear that this will be a sizable program, amounting to perhaps $1 trillion in spending over 30 years — not just to upgrade the Minuteman missiles, but also to buy new B-21 stealth bombers from Northrop Grumman (NYSE:NOC)and have General Dynamics (NYSE:GD) and Huntington Ingalls (NYSE:HII) design an entirely new class of ballistic missile submarines (to be known as the “Columbia class.”)
Best Gold Stocks To Watch For 2018: Intrepid Potash, Inc(IPI)
Advisors’ Opinion:
- [By Lisa Levin]
Wednesday afternoon, basic materials shares gained by 1.74 percent. Meanwhile, top gainers in the sector included Intrepid Potash, Inc. (NYSE: IPI), and L.B. Foster Co (NASDAQ: FSTR).
- [By Lisa Levin]
Friday afternoon, the basic materials sector proved to be a source of strength for the market. Leading the sector was strength from Intrepid Potash, Inc. (NYSE: IPI) and L.B. Foster Co (NASDAQ: FSTR).
- [By Lisa Levin]
Monday afternoon, the basic materials shares surged 0.57 percent. Meanwhile, top gainers in the sector included CF Industries Holdings, Inc. (NYSE: CF), up 7 percent, and Intrepid Potash, Inc. (NYSE: IPI), up 7 percent.
