Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
About CNBC’s ‘Mad Money Lightning Round’ Jim Kramer recommended purchase Symbotic (NYSE:SYM). He added: “This is a very hot sector. The good news is that this company does make money.”
On Nov. 18, Symbotic reported quarterly earnings of five cents per share, which topped analysts’ consensus estimate of three cents. Quarterly revenue came in at $576.76 million, exceeding the analyst consensus estimate of $470.27 million and up from revenue of $391.88 million from the same period last year.
Don’t miss:
When asked TetraTech, Inc. (NASDAQ:TTEK), he said: “I didn’t think the quarter was that bad. I’m actually inclined to buy TTEK and not sell.”
On November 13, Tetra Tech reported worse-than-expected fourth-quarter earnings per share.
Linde plc (NASDAQ:LIN) is a “great” company, Cramer said. “It’s not a speculative stock, it’s a very good company.”
On October 31, Linde reported third quarter financial results and issued adjusted FY24 EPS guidance that was below expectations.
“This stock has pretty much gone straight up, and you know what, it’s not done yet,” Cramer said when asked about Brookfield Corporation (NYSE:BN). Over the past year, shares have risen by more than 75%.
On November 14, Brookfeld reported better-than-expected adjusted earnings per share for the third quarter
Price promotion:
-
Symbotic shares fell 13.4% to close at $24 on Tuesday.
-
Tetra Tech shares fell 0.11% to close at $41.47.
-
Linde shares rose 0.52% to close at $457.12.
-
Brookfield shares rose 1.29% on the session to close at $61.37.
Wondering if your investments could earn you a $5,000,000 nest egg? Talk to a financial advisor today. SmartAsset’s free tool matches you with up to three vetted financial advisors serving your region, and you can interview your advisors for free to decide which one is right for you.
The changing interest rate environment has created an incredible opportunity for income-seeking investors to earn huge returns, but not through dividend stocks… Certain private market real estate investments offer retail investors the opportunity to take advantage of these high-yield opportunities, and Benzinga has some of the most attractive options identified for you.
