Wednesday May 31, 2023

Good Stocks To Buy Right Now? 3 Food Stocks In Focus

For the uninitiated, food stocks are companies that are involved in the production, processing, and distribution of food and beverage products. These companies operate in a variety of segments, including agriculture, packaged goods, restaurants, and supermarkets. Investing in food stocks can be an attractive option for investors seeking a stable and reliable source of returns, as the demand for food and beverage products tends to be relatively stable over time.

When investing in food stocks, it’s important to consider the company’s financials and growth prospects, as well as factors such as market share, brand recognition, and the competitive landscape within

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stocks, data, news and earnings

Santander exec chair: Value creation in banking will now move to Europe; shares up 4.7%

Watch CNBC's full interview with Santander Executive Chair Ana Botin

Santander Executive Chair Ana Botin told CNBC that value creation would be moving to Europe after the U.S. and Brazil have created “huge value” for its customers in previous years.

“Diversification is very valuable to shareholders and customers,” Botin said, as she reflected on Santander’s announcement that it would raise its return on tangible equity ration (ROTE) for 2023 to 2025.

“The value of the group is very evident,” Botin added.

Botin was keen to emphasize that the

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Stocks, data, earnings, WEF news

Standard Chartered chair says U.K. ‘knows what needs to be done’ in difficult environment

Second half of the year will be better as China surprises to the upside: Standard Chartered

Standard Chartered Chairman José Viñals said long- and short-term factors including an impending recession would cause challenges for the U.K. this year, but that the government should “maintain discipline” in its fiscal policies, “maintain confidence” for the private sector to operate well, and improve its relationship with the EU.

He also discussed his macro outlook for next year, why he thinks China will surprise to the upside, and speculation that the bank is an acquisition target, which he said

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Jim Cramer picks his favorite travel, restaurant, live entertainment and gym stocks

Jim Cramer explains what's driving the run in travel stocks

CNBC’s Jim Cramer on Tuesday gave investors a list of stocks he believes fit Americans’ spending habits after navigating the Covid pandemic for the last three years.

“The biggest theme is the rise of this ‘life is too short’ mentality. People don’t want to waste their time anymore,” he said.

More specifically, investors should eye travel, restaurant, live entertainment and gym stocks, according to Cramer.

Here are his picks:


Delta Air Lines, American Airlines and United Airlines

  • “Just be careful and stick to the ones with good execution, meaning stay away from Southwest Airlines – they’re ailing after
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Jim Cramer says he likes these 3 restaurant stocks

Jim Cramer on how to pick stocks in a 'normalizing' environment

CNBC’s Jim Cramer on Thursday offered investors a list of his favorite stocks in the restaurant industry that he believes will do well as the economy eventually stabilizes.

“Maybe the economy’s normalizing here, or at least the Fed chief thinks it could be soon to normalize. And in a normal environment, stock picking is much more about identifying the best players in any given industry, rather than just jumping from sector to sector,” he said. 

His comments come after Federal Reserve Chair Jerome Powell said Wednesday that the central bank could ease back its aggressive pace of interest rates as

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Open to close, stocks, data and news

European markets log third session of gains

European markets closed higher for a third straight session, with the Stoxx 600 index gaining 0.5% on Thursday.

The FTSE 100 was flat while France’s CAC 40 climbed 0.4% and Germany’s DAX added 0.8%. By sector, gains were led by the chemicals sector, up 1.1%.

The best-performing stock was LEG Immobilien German property company, which rose 6.7% after Morgan Stanley upgraded it to “overweight.”

Global markets have been cheered by indications that the U.S. Federal Reserve is looking to slow the pace of interest rate hikes, while in Europe, PMI data this week

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