|Day Low/High||74.55 / 75.77|
|52 Wk Low/High||55.38 / 75.54|
It was a rebound day across the board on Wall Street, will all three major averages closing in the green, after finishing in the red on Monday.
Stocks hold at session highs as a two-day tech rally extends into a third and better-than-expected earnings from Mondelez and Kellogg sweep the consumer staples sector higher.
Amid a CNBC report that Rockwell Automation has rebuffed offers by Emerson Electric, TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said this would be an opportunity to scoop up shares of Emerson.
When management gets ahead of bad news, it allows a stock to prosper when the company reports earnings.
All the great stocks have artificial intelligence and e-commerce in common.
Their overseas business has been carrying them.
We can already hear this faint chant as Washington looks to overhaul the tax code.
Losing control can send some, such as Twitter, off the rails.
With today's ramp, EMR has left behind a very solid layer of support.
Jim Cramer breaks down Goldman Sachs' downgrades of Coca-Cola and Procter & Gamble.
The stock might chop around in the $59 to $56 area but is likely to move higher in the coming weeks.
A close below $49 could precipitate further weakness to the $45 area by year end.
Capital spending numbers are terrible, because executives are unsure what to do.
The shocking truth of how the latest round of stimulus under Abenomics is being spent.
But this sort of downside action is going to create some opportunity.
A leaner, meaner Emerson, now has more even more fire power to pursue strategic acquisitions.
Microsoft sells off debt to finance its LinkedIn acquisition while Emerson Electric sells its $4 billion Network Power division.
Autos here and abroad, airlines, oil … the list goes on.
I'm interested in seeing how GE uses its $30 billion in deployable cash over the next couple years
Emerson Electric's technical picture is looking better, but a downward correction is anticipated.
Our price objective for EMR is in the low $80s.
Here is how a stock like Caterpillar can jump on terrible guidance.
Jim Cramer, portfolio manager of the Action Alerts PLUS charitable trust, said he prefers Costco (COST) over Walmart (WMT), which cut its sales outlook on Thursday.