The S&P 500 has plunged nearly 21% in the first six months of 2022, marking its worst first-half performance since 1970.
But not everyone is bearish. CNBC’s Jim Cramer, for instance, still sees Oportunitate in the months ahead — particularly in the Dow Jones Industrial Average.
“These tend to be boring, mature companies that typically pay nice dividends, which is what protects you when the Fed is tightening,” he says.
“I know this is a tough market, but I’m betting the second half turns out better than the first for the worst performers and be OK for the best performers.”
Among the 30 Dow components, Cramer picked out a few stocks that he thinks investors should consider. Here’s a closer look at three of them.
Nu ratați
Forța de vânzări (CRM)
Salesforce este un gigant software bazat pe cloud. Peste 150,000 de companii folosesc platforma sa de management al relațiilor cu clienții pentru a-și extinde afacerea.
Cloud computing is a booming industry, and Salesforce’s numbers completely reflect that.
In the three months ended Apr. 30, revenue surged 24% year over year to $7.4 billion. Management expects full-year fiscal 2023 revenue of $31.7 billion to $31.8 billion, which would translate into a year-over-year increase of 20%.
But the stock is down a staggering 31% in 2022, giving contrarian investors something to think about.
Cramer says investors should consider buying Salesforce shares before the company hosts its Dreamforce conference in September.
Last month, Stifel analyst J. Parker Lane reiterated a Buy rating on Salesforce. While the analyst lowered his price target from $300 to $250, the new target still implies a potențial cu susul de 43%.
Merck (MRK)
Healthcare is a classic example of a defensive sector thanks to its lack of correlation with the ups and downs of the economy.
Cramer likes pharmaceutical giant Merck because it is recession-resistant and offers generous dividends.
Paying 69 cents per share on a quarterly basis, the stock yields just under 3%.
The business is growing, too. In Q1, Merck’s worldwide sales from continuing operations totaled $15.9 billion, up 50% year over year.
While the broad market is deep in the red in 2022, Merck shares are up an impressive 21% year to date.
Mizuho analyst Mara Goldstein sees more upside on the horizon. The analyst has a Buy rating on Merck and a price target of $100 — around 8% above the current levels.
Coca-Cola (KO)
Cramer is optimistic about Coca-Cola, but that shouldn’t come as a surprise.
After the company’s Q1 earnings report in April, Cramer said that it showed “how a seasoned management team can overcome just about any challenge you might throw at them” and that it has “long-lasting strength.”
When it comes to delivering returns to investors through thick and thin, few companies have done a better job than Coca-Cola.
Coca-Cola went public more than 100 years ago. This February, the board approved the company’s 60th consecutive annual dividend increase.
Nu este greu de înțeles de ce plata a fost atât de fiabilă: produsele emblematice ale companiei sunt vândute în peste 200 de țări și teritorii și, chiar și într-o recesiune, o simplă cutie de Cola este încă accesibilă pentru majoritatea oamenilor.
The stock is also defying the ongoing market sell-off, gaining 6% year-to-date.
Wells Fargo analyst Chris Carey has an Overweight rating on Coca-Cola and a price target of $74 — 17% above where the stock sits today.
Ce să citești în continuare
Înregistrează-te pentru ca buletinul nostru informativ MoneyWise să primească un flux constant de idei aplicabile de la firmele de top din Wall Street.
SUA sunt la doar câteva zile distanță de o „explozie absolută” a inflației – iată 3 sectoare rezistente la socuri pentru a vă proteja portofoliul
„Întotdeauna există o piață de renume pe undeva”: cuvintele celebre ale lui Jim Cramer sugerează că poți câștiga bani indiferent de situație. Aici sunt 2 vânturi puternice în spate pentru a profita de azi
Acest articol oferă doar informații și nu trebuie interpretat ca un sfat. Este furnizat fără nicio garanție.
Source: https://finance.yahoo.com/news/m-betting-second-half-turns-190500739.html