My one-hundred-and-sixty-fourth YouTube video “Quick Pick Cummins Part 3” went up today. I’m returning to my pick Cummins (CMI) because the company just released strong second-quarter earnings. What caught my eye is that besides not affirming guidance for the rest of 2022, the company reported growth in gross margins and operating margins at a time when many companies are feeling squeezed.
Special Report: You Can Make Money Investing in Climate Change: Here’s How With Four Sectors and First 10 of 12 Stock Picks
All you have to do to find the high profits that will make the risk of investing in climate change stocks worthwhile is to focus on sectors (1) where the rewards are solid and the risk is quantifiable, (2) where companies are making profit the old-fashioned way by building out networks and then charging high rents to use them, by (3) carefully targeting a few technologies (wind and solar and hydrogen and electric cars) that will be part of any mix of solutions, and (4) by investing in bottlenecks that are likely to drive prices up (and provide good profits for companies that resolve the bottleneck.
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My one-hundredth-and seventh YouTube video “Trend of the Week Auto Supply Stocks” went up today. Two big deals for auto suppliers have Wall Street excited! Last week, Cummins (CMI) bought Meritor (MTOR) and Apollo Group bought Tenneco (TEN). These stocks jumped up in part because they were so undervalued and cheap before, but it also points to a larger trend: with the ongoing transition to EVs, makers of auto parts that can be put to use in that process will be increasingly important. That’s why I’m recommending you look at Dana (DAN), BorgWarner (BWA), and American Axle (AXL). As well as Cummins, the buyer in one of these deals
I found myself humming “I scare myself” this morning as the market continued its September selling. The Dan Hicks and the Hot Licks song pretty much sums up the market action this morning. We all know that stocks go down in September so we’re sending stocks downward. And we all know that September 17 is the Big Bad Day in the month so it’s unreasonable to expect a turn in sentiment before that date. But so far, I’d note, the selling seems “orderly” with the usual candidates bucking the trend and showing up in the green. It’s when those still in the green stocks start tumbling that I’ll really start to worry.
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My thirty-eighth YouTube video “QuickPick: Cummins”-went up today