The Trump administration must stay focused despite the seemingly never ending flow of distractions, according to Ohio Governor John Kasich.
The former Republican presidential candidate said the administration must concentrate on its legislative message and avoid the distractions of the Russia investigation and the host of media leaks in the background.
“You have to be able to chew gum and walk at the same time,” Kasich said in an interview with TheStreet TV, adding that it’s probably not possible for the Trump administration to carry on as normal with the slew of media leaks and the Russia investigation in the background. “It’s also important to change the message so we can be talking about tax cuts and economic growth – that’s a good message.”
Trump has been trying to do just that with the unveiling of his budget proposals on Tuesday.
investment risk: Northrop Grumman Corporation(NOC)
Advisors’ Opinion:
- [By Wayne Duggan]
Aggressive military and law enforcement spending could be good news for Northrop Grumman Corporation (NYSE: NOC), United Technologies Corporation (NYSE: UTX), Lockheed Martin Corporation (NYSE: LMT), TASER International, Inc. (NASDAQ: TASR) and Digital Ally, Inc. (NASDAQ: DGLY).
- [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.”)
- [By Elizabeth Balboa]
An official government strategy may open the door for defense contractors beyond the traditional Lockheed Martin Corporation (NYSE: LMT), Northrop Grumman Corporation (NYSE: NOC) and United Technologies Corporation (NYSE: UTX).
investment risk: Mosaic Company (The)(MOS)
Advisors’ Opinion:
- [By Ben Levisohn]
Mosaic (MOS) tumbled to the bottom of the S&P 500 today after announcing that it would buy Vale’s (VALE) fertilizer unit.
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Mosaicdropped 1.1% to $27.77 today, while the S&P 500 advanced 0.2% to 2,262.53.
Barron’s Dimitra DeFotis covered the deal over at Emerging Markets Daily:
Global agricultural chemicals giant Mosaic (MOS) is buying most of the fertilizer chemicals business of Brazilian mining giant Vale (VALE) in a cash-and-stock deal valued at $2.5 billion, but Wall Street doesnt seem to like the deal…
Vale will maintain an 11% stake with ownership nitrogen and phosphate fertilizing assets in the city of Cubat茫o, Reuters reports. Mosaic adds Canada and Peru mines to its empire as part of the deal, according to the Mosaic acquisition press release…
Mosaic’s market capitalization fell to $9.7 billion today from $10.4 billion yesterday. It reported net income of $1 billion on sales of $8.9 billion in 2015.
- [By Shanthi Rexaline]
Agri-Input Companies — Seeds/ Fertilizers/Pesticides Manufacturers
Monsanto Company (NYSE: MON): +68.82 percent since 2011. Syngenta AG (ADR) (NYSE: SYT): +56.26 percent since 2011. Mosaic Co (NYSE: MOS): -63.1 percent since 2011. Potash Corporation of Saskatchewan (USA) (NYSE: POT): -67.8 percent since 2011. CF Industries Holdings, Inc. (NYSE: CF): +5.04 percent since 2011. Agrium Inc. (USA) (NYSE: AGU): +1.10 percent since 2011.
Agri-Finance Companies
- [By Ben Levisohn]
We also want to reiterate our bullish view on the agricultural commodities and the ag-related stocks (e.g., CF Industries Holdings (CF), Mosaic (MOS), Potash Corp. of Saskatchewan (POT), FMC (FMC), AGCO, Deere). Following sharp multi-year declines, trends continue to improve.
investment risk: Prudential Financial Inc.(PRU)
Advisors’ Opinion:
- [By WWW.MONEYSHOW.COM]
Prudential Financial (PRU) is also a major provider of asset management and retirement services. It focuses is on fixed income, a major liability during the past eight years of ultra-low interest rates.
- [By WWW.THESTREET.COM]
Cramer was bearish on Prudential (PRU) , Advanced Semiconductor Engineering (ASX) and ZTO Express (ZTO) .
Read more of Cramer’s comments about the stocks in the Lightning Round.
- [By Chuck Saletta]
Prudential Financial (NYSE:PRU) has long had the Rock of Gibraltar as its corporate symbol, representing its solid financial position. With more cash and equivalents than debt on its balance sheet, and a total cash hoard of over $49 billion, Prudential still looks set up to handle some downright awful insurable losses. That’s its “Rock of Gibraltar” strength showing through.
investment risk: NeuroMetrix Inc.(NURO)
Advisors’ Opinion:
- [By WWW.MONEYSHOW.COM]
NeuroMetrix (NURO) makes and markets wearable neuro-stimulation therapeutic devices. Cash per share is $1.37, with the stock selling more than 20% below that.
investment risk: TherapeuticsMD, Inc.(TXMD)
Advisors’ Opinion:
- [By WWW.THESTREET.COM]
On the show’s “Lightning Round” segment, Jim Cramer was bullish on Penn National Gaming (PENN) , KeyCorp (KEY) and TherapeuticsMD (TXMD) .
Quiet Breakups
