Latest Sectors News
Jim Cramer and Jeff Marks, the Club’s director of portfolio analysis, set the table for the stock market in 2026 during the December Monthly Meeting. View More
During the December Monthly Meeting , Jim Cramer and Jeff Marks, the Investing Club's director of portfolio analysis, set the table for the stock market in 2026, including identifying out-of-favor stocks that are strong buys right now. Here's a rapid-fire update on each stock in the portfolio, starting with seven currently unfashionable names that Jim says should soon be back in style. 7 out-of-favor stocks that are buys 1. Boeing: This is a hated stock that has taken unwarranted hits . Jim says investors should consider buying now. We've leveraged the weakness as an opportunity to strengthen our position since our last Monthly Meeting. This aircraft maker's turnaround story remains promising under CEO Kelly Ortberg, especially given its strong free-cash-flow performance . 2. Danaher: Buy this ignored stock as biotech funding picks up. The more biotech companies that go public, the more buyers there will be for Danaher's equipment. 3. Home Depot: Shares keep getting dinged due to poor comparable store sales and a stubborn housing market. But they are due for a bounce. This is the single-best stock to own if President Donald Trump's new Federal Reserve chief begins an acceleration of interest rate cuts. 4. Honeywell International: It's a great time to invest in this industrial conglomerate before it is split into three publicly traded companies. Honeywell shares have underperformed peers for much of 2025 due to a Wall Street phenomenon known as "spin purgatory." Once the three-way split is complete, though, it will eventually unlock more value for Honeywell. Be patient. 5. Nike: Buy this retailer ahead of its earnings report next week. We have no idea whether it'll be a good print. But we do believe in the turnaround story under CEO Elliott Hill. For this stock to blast higher, it must be free of old inventory. We believe Hill is taking the correct steps. 6. Procter & Gamble: It's not too late to buy Procter & Gamble before the stock shoots higher after new CEO Shailesh Jejurikar takes over next month. That's when the real housecleaning will start. 7. Texas Roadhouse: Cattle prices have weighed on this stock , but these may finally be breaking. That's exactly why it's the perfect time to buy shares of this high-quality restaurant stock. After all, value-conscious consumers prefer this place for its reasonable prices. ... and the other 27 1. Apple: This tech stock has gone from out of favor to in favor with investors in 2025. Jim believes that the iPhone is the greatest product in the world. The company also has a strong management team, led by CEO Tim Cook. Again, we say "own, don't trade" Apple. 2. Amazon: Jim would gladly pay up more for this e-commerce and cloud giant despite it being among the worst performers in the mega-cap tech cohort. Amazon's underperformance is a buying opportunity for new investors, Jim said, given its likelihood of reaccelerating its industry-leading cloud business and Prime memberships. Next year should be better for the stock. 3. Broadcom: Shares tanked Friday following the company's quarterly earnings, which beat on the top and bottom lines. It was a misunderstood print , as the chipmaker still has fantastic fundamentals. Jim recommends waiting two days for the dust to clear and then buying it. 4. BlackRock: The underperformance in this financial name doesn't mean you should sell. The pullback could be due to concerns about its exposure to private credit. We're not worried, though. As long as there's strong fee growth and CEO Larry Fink is in charge, we're staying long. 5. Bristol Myers Squibb: We have a small position in this biopharmaceutical name, which got a recent boost after it announced that it needed more time for its late-stage study of its promising drug Cobenfy in treating Alzheimer's disease psychosis, including enrolling more patients, which the market took as a positive sign. 6. Capital One: Jim forecasts that shares could go all the way to $300 in 2026, implying 25% upside from Thursday's close. With its recent acquisition of Discover, the credit card issuer is creating a powerful competitor to challenge American Express . CEO Richard Fairbank is likely in his last act, but it will be fantastic. 7. Costco: While the company reported a solid quarter late Thursday, a deceleration in the non-food category gave the bears an excuse to ding the stock. Still, Jim is not going to sell Costco because it's a well-run retailer with a durable business model. 8. Salesforce: The software-as-a-service (SaaS) company recently delivered its first good quarter in a while, featuring a huge earnings beat, making it hard for us to abandon the stock. AI still poses an existential threat to Salesforce's seat-based business model, but CEO Marc Benioff is pivoting to an artificial intelligence world with his Agentforce product. 9. CrowdStrike: This cybersecurity giant is an entirely different company from the one that caused a massive global IT outage just a year and a half ago. That was the time to buy on weakness, Jim said, because CEO George Kurtz's swift and decisive leadership positioned CrowdStrike to navigate the crisis effectively. Investors who bought that dip were handsomely rewarded after the stock finished more than 30% higher in 2024. CrowdStrike stock is up 46% so far in 2025. 10. Cisco Systems: We became more confident in Cisco after the networking company reported a quarterly beat and outlook raise in mid-November. This was driven by accelerating product order growth, particularly from its hyperscale AI customers. We appreciated hearing that the campus networking refresh cycle is underway as well. There is still some recovery needed in its security business, but we can't leave this one. 11. DuPont: This industrial stock has more upside ahead after its recent spinoff of Qnity Electronics . The lesson: Do not give up on companies that are breaking up. You are simply running from value. The specialty chemicals business is spectacular. 12. Dover: Shares have experienced a nice rebound since mid-October following an extended period of underperformance. We bought the stock on the way down because its strong fundamentals hadn't changed. We're glad we did now that Dover is trading at its highest levels since February. 13. Eaton: This stock has been volatile recently. We're sticking with it, though. Eaton has a great data center business. Deutsche Bank called the power solutions company a top pick for 2026 earlier this week. 14. GE Vernova: The stock surged more than 15% in a session this week following positive updates from management, prompting us to raise our price target. The heavy-duty turbine maker supports the data center buildout and is a significant beneficiary of the AI boom. 15. Corning: The maker of fiber optics, connectors, and hardware used in AI data centers has been on fire in 2025, with its shares up more than 86%. Shares were down on Friday following Oracle 's disappointing earnings this week that reignited fears of an AI bubble. But they are still up too much to add to our position. 16. Goldman Sachs: We decided to trim this top-performing bank stock earlier this month after a strong run, booking huge profits. The Club believes Goldman is a big winner of the rebound in dealmaking. 17. Linde: Shares of the industrial gas giant have made a comeback over the last few sessions amid an overall lackluster 2025 performance. We were heartened this week by news that CEO Saniv Lamba purchased nearly $1 million in Linde stock. That's a big sign of forward-looking confidence from management. 18. Eli Lilly : The stock has been a difficult one to own lately, with a pullback after finally hitting a $1 trillion market cap. However, the FDA might expedite Lilly's oral weight-loss pill, oforglipron, which could catalyze share price gains. The company is ready for launch and is unlikely to face supply constraints, as it did with Mounjaro. "We're staying long," Jim said, adding that we would look to buy if it goes a bit lower. 19. Meta Platforms: The social media giant has figured out how to dominate the advertising market, but what investors continue to be concerned about is their massive levels of AI-related spending. Management did, however, recently announce that it's making cuts to its metaverse project, giving investors like us confidence that the company has greater flexibility to shift investments to other growth areas. 20. Microsoft: This is one of the best enterprise software stories out there as it has successfully implemented AI across its suite of cloud tools to boost productivity. Its partnership with AI startup OpenAI has also increased its cloud revenue. In fact, Microsoft was the only Magnificent Seven stock higher on Thursday as the market rotated away from tech. 21. Nvidia: Shares are down in recent months, and Jim said the chip stock could go even lower. However, Jim advised members to be patient. With great demand from China and a new reasoning chip set to debut, Nvidia will bounce back. After all, the Club has made so much money in Nvidia by not listening to the naysayers. "I've seen this so many times," he said of Nvidia's decline. "The stock is undervalued, and you have to buy it." 22. Palo Alto Networks: Shares of the cybersecurity giant are down more than 8% over the past month. That's despite delivering better-than-expected quarterly results and an upbeat full-year outlook in late November. We used that dip to add to our position . Wall Street may be wary of Palo Alto's acquisitions of CyberArk and Chronosphere, but we see these deals as positioning the company to set itself apart in the AI era. 23. Qnity Electronics: This is a terrific stock that's also one of the least expensive in its group. The company's exposure to secular trends, such as high-performance computing and artificial intelligence, make it worth keeping since its split from DuPont. 24. Starbucks: The coffee giant is in the middle of a turnaround led by CEO Brian Niccol, whom Jim has full faith in. While progress has taken longer than we initially expected, we're seeing progress as sales in its core U.S. market improve. We expect the turnaround to take more shape in 2026. 25. Solstice Advanced Materials: This specialty chemicals company recently split from Club name Honeywell. The stock is already a winner since its public debut. Solstice's revenue growth is among the best in its group, driven by attractive end markets such as electronics, as reflected in the company's November quarterly earnings. 26. TJX Companies: The off-price retailer has been a bright spot in the retail industry as consumers seek high-quality merchandise at a cheaper value. Thankfully, the parent of Marshalls and T.J. Maxx has both. It was no surprise to us when the company reported a strong quarter last month. We expect TJX to benefit from the holiday shopping season as well. 27. Wells Fargo: Once the most out-of-favor bank stock, Wells has come a long way under CEO Charlie Scharf, whose leadership and turnaround plan led regulators to remove its long-standing $1.95 trillion asset cap this year. If the stock continues to run higher and its price-to-earnings multiple surpasses that of peers like JPMorgan , we'll consider taking some off. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
Warsh's odds jumped to as high as 40% after Trump told the Wall Street Journal that Warsh has risen to the top of his list to be the next chair of the Fed. View More
Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 25, 2025.Tierney L. Cross | Bloomberg | Getty Images Prediction markets swung sharply Friday after President Donald Trump said Kevin Warsh has risen to the top of his list to be the next chair of the Federal Reserve.On Kalshi, Warsh's odds jumped to as high as 40% from about 15% after Trump told the Wall Street Journal that Warsh is a top contender. Meanwhile, the implied probability of National Economic Council Director Kevin Hassett becoming the next Fed chair dropped below 60% briefly from 80% not long ago.Asked directly whether Warsh was now his leading choice, Trump responded, "Yes, I think he is," according to the paper. The comments quickly reverberated through prediction markets.Trump did imply that Hassett is still very much in the running as well and the NEC director is still leading the race on Kalshi."I think you have Kevin and Kevin. They're both â I think the two Kevins are great," Trump said.Hassett had been the clear market favorite for months, but by Friday afternoon his odds dipped as investors priced in Trump's latest signal. Zoom In IconArrows pointing outwards Other candidates considered included current Governors Christopher Waller and Michelle Bowman along with Rick Rieder, who runs the fixed income operation at money management giant BlackRock. They were the last of a group of 11 candidates considered for the post. Kalshi has essentially eliminated their chances for getting the top job.Trump also on Friday reiterated his long-held view that the Fed chair should consult the president on rate policy. Trump has been at odds with the current chair, Jerome Powell, as he continued to urge for lower interest rates. The Fed has reduced the fed funds rates by three-quarters of a percentage point since September.
New amendments to India's atomic energy bill may reserve uranium mining exclusively for government companies. Private firms might be excluded from this critical sector. The proposed changes to the Atomic Energy Act, 1962, and the Civil Liability for Nuclear Damages Act, 2010, are expected soon. This move comes despite earlier considerations to allow private participation in local uranium production. View More
New Delhi: India may not allow private firms to engage in uranium mining and decide to keep the activity to government companies under the amendments proposed in the atomic energy bill, said people with knowledge of the matter. The Atomic Energy Bill, 2025, which is expected to embody changes to the Atomic Energy Act, 1962, as well as the Civil Liability for Nuclear Damages Act, 2010, may keep mining of prescribed substance, which could include any material for producing nuclear energy, as one of the licensed activities but only for government-owned corporations. In earlier discussions on the amendments, opening uranium mining for private firms was actively considered, said two people close to the development. The amended bill is slated to be introduced in Parliament in the ongoing winter session, which ends on December 19. The Department of Atomic Energy did not respond to queries emailed by ET. Live Events Currently, the Atomic Energy Act does not bar uranium mining by the private sector but allows a narrow window for its participation. Mining of uranium is currently done by the Uranium Corporation of India Ltd (UCIL). State-run power producer NTPC Ltd is in discussions with UCIL for an agreement to jointly explore overseas mines. The committee formed to outline the 100-GW roadmap for nuclear energy had in its report made public in October said India's private sector should be encouraged to participate in local uranium production, with appropriate safeguards. It is understood that the cost of domestic uranium mining and its processing to convert into Uranium ore concentrate is about three to four times more expensive as compared to its price internationally, according to the panel. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
JSW Energy's arm, JSW Energy Utkal Ltd, has secured a Power Purchase Agreement with Karnataka discoms. This deal will supply 400 MW of power starting April 1, 2026, for 25 years at Rs 5.78 per kWh. This agreement significantly boosts JSW Energy's long-term revenue visibility. The company is on track to meet its 2030 capacity goals. View More
JSW Energy on Friday said its arm JSW Energy (Utkal) Ltd has signed a Power Purchase Agreement (PPA) with multiple Karnataka discoms for supply of 400 MW of power, starting April 1, 2026. The electricity will be supplied for a tenure of 25 years at a tariff of Rs 5.78 per kWh, a JSW Energy statement said. With this PPA, JSW Energy's open capacity reduces to 5 per cent of the current operational capacity from about 8 per cent, further strengthening long-term revenue visibility and de-risking the company's generation portfolio. The company's total locked-in generation capacity now stands at 30.5 GW, comprising 13.3 GW of operational capacity, 12.4 GW under construction across thermal and renewable projects, 150 MW of hydro capacity under acquisition, and a 4.6 GW development pipeline. It also has 29.4 GWh of locked-in energy storage capacity , including 26.4 GWh of hydro pumped storage projects and 3.0 GWh of battery energy storage systems. It remains committed to its strategic goals of achieving 30 GW of generation capacity and 40 GWh of energy storage capacity by FY 2030 and is on track to achieve carbon neutrality by 2050, it stated. Live Events JSW Energy Ltd is one of the leading private sector power producers in India and part of the USD 23 billion JSW Group which has significant presence in sectors such as steel, energy, infrastructure, cement, sports among others. The company is constructing various power projects to the tune of 12.4 GW, with a vision to achieve a total power generation capacity of 30 GW by 2030. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
Eastman Auto and Power Ltd, an energy-transition and power-electronics company, has filed confidential IPO papers with markets regulator Sebi to raise funds, with people familiar with the matter estimating the issue size at Rs 1,800-2,000 crore. View More
Eastman Auto and Power Ltd , an energy-transition and power-electronics company, has filed confidential IPO papers with markets regulator Sebi to raise funds, with people familiar with the matter estimating the issue size at Rs 1,800-2,000 crore. The proposed IPO will be a combination of fresh issuance and an offer for sale (OFS) component, they added. In a public announcement on Thursday, the company said it has filed "the pre-filed draft red herring prospectus with Sebi and the stock exchanges in relation to the proposed initial public offering (IPO) of its equity shares on the main board". To manage the offering, the company has roped in Axis Capital , JM Financial , and Motilal Oswal, people familiar with the matter said. Founded in 2000 as part of the JRS Eastman Group, Eastman Auto and Power Ltd (EAPL) has grown into a diversified energy-solutions company with operations across battery storage, power electronics and solar technologies. Live Events Its portfolio spans three core areas: last-mile e-mobility solutions, electronics manufacturing and solar systems with integrated storage. EAPL has a significant position in the Electric 3-Wheeler (E3W) battery market, accounting for more than half of industry volumes in FY25. The company supplies over 400 E3W OEMs across the country and is supported by a service network of about 2,500 partners and 1,200 distributors. Its product range includes E3W chargers, inverters and UPS systems -- components that are playing a growing role in India's shift toward electric mobility. The company's operations include eight manufacturing facilities across India, three of which focus on power electronics. Together, they have an annual capacity of about two million units. EAPL recently commissioned an 800 MW solar-panel plant in Sonipat, adding to its plans to build a more integrated solar-solutions presence. It also manufactures lithium-based energy-storage systems, solar batteries and inverters, catering to both rising solar adoption and the broader need for reliable storage in the grid and home-energy markets. The firm exports storage batteries to more than 50 countries. Its combined production footprint includes 11.47 GWh of battery-storage capacity and annual output of six million energy-storage units across E3W, solar and home-inverter categories, and two million inverters and E3W chargers. EAPL reported revenue of Rs 4,228 crore in FY25, recording a 28 per cent CAGR between FY23 and FY25. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our ETMarkets WhatsApp channel) (You can now subscribe to our ETMarkets WhatsApp channel)
The first phase of the deal, covering tariff rationalisation, was originally targeted for completion this fall but missed the deadline View More
“Solar-plus-storage configurations are also being preferred over wind-solar hybrid projects, particularly due to their ability to supply power during peak demand hours” View More
Wakefit Innovations' IPO faces muted investor interest on its final bidding day, with only 60% subscription and a declining grey-market premium. Despite strong retail participation, institutional interest lags. The company, while growing revenue, continues to post losses, raising concerns about profitability and valuation. View More
Wakefit Innovations’ Rs 1,288.89-crore IPO has entered its third and final bidding day, but investor interest remains muted. So far, the issue has been subscribed only 60%, with bids for 2.09 crore shares against the 3.63 crore shares on offer. Meanwhile, the grey-market premium (GMP) continues to decline—currently around just 1%, down from 2.56% earlier, and significantly below the nearly 5% premium seen previously. Wakefit IPO subscription status On Day 3 at 12.15 pm, overall demand for the Wakefit IPO remains muted, with only 60% of the total shares subscribed. Retail Individual Investors (RIIs): Retail participation has been comparatively stronger, with this segment subscribing 2.36 times the 66.09 lakh shares earmarked for them. Non-Institutional Investors (NIIs): Interest from NIIs continues to lag, with just 40% of the 99.14 lakh shares taken up. Live Events Qualified Institutional Buyers (QIBs): The QIB portion has received 7% bids for the 1.98 crore shares allocated. Wakefit IPO GMP today: The grey-market premium (GMP) for the IPO has been declining consistently. It is currently hovering around a 1% premium, down from 2.56% earlier, and well below the roughly 5% premium seen previously. If this downward trend persists, Wakefit’s listing price could be close to Rs 197. Note: GMP is an unofficial indicator of how the stock might perform on listing day and does not guarantee the actual listing price. Wakefit IPO details Wakefit Innovations is set to raise Rs 1,288.89 crore through its IPO, which includes a fresh issue worth Rs 377.18 crore and an offer for sale of Rs 911.71 crore. The issue will remain open for subscription until December 10, 2025. The allotment is likely to be finalized on December 11, 2025, and the shares are expected to list on the BSE and NSE on December 15, 2025. The price band has been fixed at Rs 185–Rs 195 per share, with a minimum lot size of 76 shares. Retail investors must invest at least Rs 14,820 to participate. About Wakefit Wakefit represents a typical D2C success story—fast revenue growth driven by online sales, an expanding product range across mattresses, furniture, and home décor, and plans to increase offline presence through company-owned experience stores. For FY25, the company reported Rs 1,305.43 crore in total income but continued to post losses, recording a Rs 35 crore net loss. Its EBITDA margin stood at 6.96%, with negative earnings per share. Should you subscribe? According to Swastika Investmart , several red flags persist. Although revenue is rising, profitability remains weak. Limited operating leverage, high marketing and distribution costs, and continued losses have led the brokerage to assign an “Avoid” rating. The company also shows negative return ratios, while the valuation appears expensive given its current financial performance. Investors should also factor in key structural risks. Wakefit depends heavily on online channels and third-party manufacturing, exposing it to platform reliance and supply-chain issues. Raw material cost volatility and the working-capital needs of the furniture business could also pressure margins. On the upside, Wakefit enjoys strong brand visibility in the mattress segment, a wide product portfolio, and data-led product development that supports repeat business. While the company has notable growth drivers, the path to sustainable profitability will require better manufacturing efficiency, tighter working-capital control, and improved operating leverage. Investors should weigh these factors carefully before subscribing. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our ETMarkets WhatsApp channel) (You can now subscribe to our ETMarkets WhatsApp channel)
One important reason for surge in capex during April-November period was very high spending by power sector companies View More