저자: JimCramer · 외국인
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Cramer는 2024년에 시장이 Magnificent 7을 넘어 넓어지고 있다고 주장하며, 저평가된 지역 은행, Home Depot, Dollar General, Merck, GM, Verizon 같은 종목을 선호한다고 말합니다. 그는 Mag7이 제자리걸음을 하거나 하락하는 동안 나머지 시장은 더 강해질 수 있다고 봅니다. 경제가 강세인 만큼 연준의 금리 인하는 세 차례 정도에 그칠 것으로 예상합니다. 시청자 전화 상담에서는 Danaher, FedEx, Dow, Cisco, Paramount가 다뤄졌습니다.
다듬은 글
my mission is simple to make you 's always a b money Starts Now hey I'm Kramer welcome to B Money welcome to KR Mar other people make friends I'm just trying to make you little money my job is not just entertain butuc teach you so call me 1800 743 CBC tweet me CH Kramer every morning I Rite up a of the stories I'm looking at in preparation for Squawk on the street the show I do at 9:00 a.m.
with call and David faor you may get a truncated version of your email box every day it's typically around 15 items and many of them are what I call the usuals the kPa Kramers the AL magnificent sevens whatever want to call there are often upgrades or price Target increases for Tesla or meta or apple or Amazon and definitely Microsoft I bring this up after not so hot day where the Dow inched up 10 points S&B declined 34% NASDAQ shed another 56% because since the New Year began I've had this explosion of positive ideas from every nooking cting the market no longer just the s in seven today's typical 45 new ideas almost all positive except a negative then on Yeti which was slammed by an analyst due to the popularity of those new Stanley Thermos competition Meanwhile we're seeing a host of invective toward the crena Kramers including once again apple with still one more downgrade this morning I wonder who's going to downgrade it next it's becoming a common refrain of incredibly pessimistic proportions an echo chamber of negativity no doubt written on a Mac told with an iPhone read on an iPad or listen to with second generation airpods and you know what it's fantastic for the stock market that's right you see we need to have many new fresh ideas not just have a market controlled by an elite group of companies that has no sustainability at this point no longer do I have to come out here and just talk about seven stocks plus or minus Salesforce and serus now we no longer have two markets the super giant tech companies and the little PES I don't think we're going to have a total convergence the Magnificent 7 are just too big and the rest of the market is too small but I am saying that the mag 7 may run in place or even work their way lower while the rest of the market might even get stronger and certainly more rewarding on a percentage basis I always tell people remember that in the end we're trying to make our money work for us work hard for us to do that you need to buy stocks that go up a great deal not just incrementally and the Magnificent 7 now feels very incremental mixed up with some rather UPS setting slides down there are simply better opportunities right there right now out there for 2024 let me go over what I mean today a legion of research firms prais the incredibly inexpensive Regional Bank stocks like Kara truist Huntington Bank shears I mean these stocks were in the robes 10 months ago but reports of their demise were highly exaggerated now they're among the cheapest stocks in the market hey there was uh two upgrades of Market Express today two firms named the stock the top pick while this stock has already rebounded a great deal off his lows I think it could rally another with 30 points from here at 187 before it gets too expensive to talk about oh let me just throw in First Horizon Regional Bank $14 stock got a $25 takeover bid not that long ago it just that the deal fell apart due to regulatory interference not related at all to the acquir to the to the actual first horizon but all to the acquirer FHN check it out or how about this classic recommendation we got this morning of Home Depot by Wells Fargo get this this is a company we all know right the Des spot 2.47% dividend yield one that everybody was worried about when interest rates were soaring but now the rates are going down it just makes so much more sense to buy Home Depot as the report put it I'm going to do a little kind of like the J you know the kind of Argo that they use on the street the 24 bar is lower volumes are normalizing long-term structural Tailwinds are positive home aging shortages Etc in other words bye bye-bye Barclay's jumped on the pro Home Depot bandwagon 2 upgrading the stock they're betting that after turbulent period we're going to start seeing more normal levels of demand I agree hey let me throw in another barlay upgrade they got behind one of the worst performers of 2023 Dollar General last year was a rare it was rare to see anything good about they could not defend this Dollar General was too awful and even if they did it would fall on deaf ears today that recommendation propelled the stock up three and a half bucks off $131 basis you just aren't getting that kind of that percentage gain from The Magnificent Seven anymore at least for now I love love love this morning's recommendation of MC from Ken talking about how this stock sells at 14 times earnings average farm and name Sals for 16 times earnings under the hard charging CEO Rob Davis the current market is anything but below average he's taking the money that this company makes from one of the greatest oncological franchises in the world K truda and putting it to work building out the new drug pipeline I thought that Merk's acquisition of Prometheus biosciences for just over $10 billion last year was a work of Genius because Prometheus has a fantastic drug for irritable bowel disease could be gigantic and it's not in the numbers hey here's one from alet field and upgraded the pric all state by Morgan Stanley they like the insurance company because of higher rates that jumped the stock from 145 to 14850 hey let's sure this stock wouldn't even react to an upgrade and buyers would remain scarce now probably has a multi day move in this market you know what people want they want cheap they want value they want the stock of an auto company that sells it less than five times earnings they want GM and that's what research gave you today with a warmup to the great Auto Company where they slapped it with a $42 price tget stocks at 35 and change hey ask yourself do you think you're going to get that kind of percentage game from a mega cap Tech name maybe but I think it's unlikely given how much they ran last year Well if they go lower then they might be able to get it that might have to happen finally get this couple firms pushed Verizon when was that honestly do you ever remember a time that somebody did that it you know not too long ago the stock was a first rate Pariah but now wolf resarch says the spending on 5G is finally waiting the Telco balance sheets are starting to improve and they seek a Verizon as and I quote a glass half full that's gaining water hey you know what that makes that 6.75% yield seem uh well uh mthw watering now I am not saying Happy Days Are Here Again remember my position there are too many investors who are off sides betting we'll get a slew of rate Cuts this year when I simply don't see a reason for more than three the economy is too strong justify more than that and there are plenty of people still think the market is just the Magnificent 7 friends each day one or two of them will pop but you need to be wary of these upward moves like the early morning jump in Microsoft that couldn't be sustained even after it talked about adding a button for its artificial intelligence platform co-pilot to the PC let me give you another example today we learned that Amazon captured a staggering 29% of online orders during the holiday shopping season in the old days that might have been worth I don't know what you think 5 to eight points for Amazon well guess what today Amazon stock declin almost four bucks that's what we're dealing with I expect that this change in leadership will only get more pronounced as the month goes on because anals are seeing non-tech stocks react to their positive recommendations after years when their ideas were almost irrelevant as The Magnificent Seven dominated no matter what they've now rediscovered their own relatives but the bottom line to me as a stock picker I think This Moment's kind of oddly joyous we don't want two markets people we want one market well I'd love it to be the mag seven and friends in the can simply go up save more slowly than the other 493 stocks the SP 500 there's just not enough money to go around so we've got a massive rotation going one that isn't finished one that could be with us for quite a long time until the people who own the Magnificent 7 but don't know what half of them do get blown out and it'll happen at lower prices how about Bill in Massachusetts Bill booah Mr Kramer booah Booyah Bill what's happening I had a question for you about danur I got some at 90 it's going great and I wanted to know your opinion okay first of all congratulations I got some much higher and then I bought some lower but you did a lot better than I did for the travel trust but I will tell you this when I listen to what a Bristol Myers is doing or a merc's doing they're buying these biotech companies they're going to have to buy a ton of equipment from Dan and her that's why the Stock's been red hot that's why I think the stock is back after being away for a long time that's why I think Dan her should be bought how about Ryan in Connecticut Ryan hey Jim thanks for taking my call I'd like to give a special shout out to my wife Amanda I'm liking that I'm liking that kind of what you know hey I'm giving a shout out to Lisa my wife she does even know I have a show what's going on um so the stock I'm looking at has the CFO buying shares currently the PE sitting at 14 which is significantly less than the 15E average 10 year average and slightly less than the threeyear average um is this undervalued or am I missing something and should I be a buyer or should I be more patient in regards to FedEx and when's the next book coming out Jimmy oh well actually that's a secret um I happen to think that FedEx I love the CEO of FedEx and the fact that the stock really didn't get hit if they missed the quarter what does that tell you it tells me that Raj sub Manan is the Superman who is going to get FedEx to be on track I wish we owned it for the travel trust 13 times earnings you got a winner Philip in Michigan philli hey good uh good good evening Jim hey Phil how you doing I'm doing great booah booya to you I just wanted to give a shout out to uh your staff particularly uh Zev I really appreciate the work that he does totally unbelievable make me look great I am really a marionette in in when it comes to the staff um you know the economy is uh potentially looking like it's going to go back up it's with the fed's potenti potentially raising rates here in the near I'm sorry lowering rates in the near future okay um so I was looking to make a more make my portfolio was more industrial and so I was looking at Dow Chemical I know you love Jim fing so I was just um wondering your thoughts on that okay um you know I saw RPM be down today as a chemical company that I like very much and it got me thinking all right don't be too aggressive with the chemicals but that is a higher multiple than has a higher price ring multiple than Dal I like your call on Dal it yields five I think that Jim is going to do a great job this year by the way for those who are technically inclined it's one of the greatest reverse head and shoulders I have seen in ages Emily in Arkansas Emily hi Jim you and Jeff are great with the investing Club your Mad Money staff is the best thank you very much we are very very good I always like these comments because you know these people work incredibly hard and they make me look good every day how can I help you Emily I have held some Cisco stock CSCO for quite some time and I still have a small loss um do you see a catalyst that would move the stock higher in the near future or not this quarter not this quarter Emily I'm sorry to interrupt you but uh no not this quarter I think that you're going to have to have another quarter and maybe two quarters before that stock can really make a run it does yield 3% Chuck Robins is terrific but that last quarter did it was a a let down what can I say hey you know what we're not done with questions I'm going to take questions from now until the Cals come I go to Trey in Texas Trey booya to you and Happy New Year Jim hey muah that was something my daughter sent me today she saw a sign in Prince and said mu I may have to just change that on Thursday special muah day what's going on hey so I enjoyed a James Bond Marathon over the holidays and it got me thinking about these two questions first has anyone ever told you you look like a young Pierce Broan and second is Paramount a Buy on potential m&a opportunities with other streaming what was that first question again I want to hear that really slow slow time it just um Paramount I don't like the debt load U Pierce broen of course I mean that's like the cool guy on Earth can I have more questions because there might be a question about the late Sean Sean Conor who I really love okay that is it that's the end all right people are warming up to the rest of the market outside of the Magnificent 7 and as a stock picker who reminds people of purest broen I find this moment oddly joyous because we don't want two markets we only want one oh man tonight we've covered the best of the s&v and D who reign supreme in the NASDAQ 2023 I'm revealing the top performers then it's just as important to analyze the losers isn't it so I'm revealing the names of who landed at the bottom of the barrel yeah the NASDAQ Nat in 2023 so we can figure what could happen 2024 and just ahead of one of the biggest and best Healthcare conferences in the country I'm getting a preview right before our trip to the conference with JP Moran Healthcare analyst Lisa gillo stay with
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