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Yahoo
5 minutes ago
- Yahoo
Jim Cramer on Thermo Fisher: 'It Does Seem Like it's Bottoming'
Thermo Fisher Scientific Inc. (NYSE:TMO) is one of the 21 stocks on Jim Cramer's radar. Expressing that they believe that the stock has significant potential for growth, a caller inquired about TMO. In response, Cramer said: 'This stock is unbelievable. It was a, it's a great company. Marc Casper does a terrific job, but we own Danaher for the Charitable Trust, and it's as bad as Thermo Fisher. I am urging you to not buy it till we see a pickup in Chinese orders. I know that seems strange, but this stock has crushed a lot of people. It does seem like it's bottoming, but I am not going to push it because it's related to China, and anything related to China is bearish.' An engineer at a workbench surrounded by automotive parts, tools, and microchips. Thermo Fisher (NYSE:TMO) provides a vast portfolio of products and services for scientific research, diagnostics, and biopharma, including instruments, reagents, laboratory supplies, and clinical research support. Parnassus Investments stated the following regarding Thermo Fisher Scientific Inc. (NYSE:TMO) in its Q4 2024 investor letter: 'Thermo Fisher Scientific Inc. (NYSE:TMO), a manufacturer of lab equipment and analytical tools, reported in-line quarterly numbers. However, expectations for a demand recovery in 2025 continue to moderate, particularly given uncertainty regarding the new administration.' While we acknowledge the potential of TMO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
New York Times
14 minutes ago
- New York Times
Trump Wants the World to Squeeze Out China. He's Starting With Vietnam.
In his first term, President Trump forced companies to kick their dependence on China. Now he is pressing countries to squeeze China out of their supply chains. A preliminary trade pact between Vietnam and the United States announced on Wednesday is the most significant step so far toward that goal. Although the details are sparse, Vietnamese exports to the United States will face a 20 percent tariff, less than a much higher rate that Mr. Trump had threatened. But notably, the deal would put a 40 percent tariff on any export from Vietnam classified as a transshipment, or goods that originated in another country and were merely passed through Vietnam. The penalty aims at China, which has used Vietnam and neighboring countries to circumvent American tariffs on its goods. And it could become a feature of U.S. trade deals with other Southeast Asian governments as they try to avert sky-high tariffs that take effect on Wednesday. Mr. Trump's trade negotiators are pushing Vietnam's export oriented neighbors like Indonesia to reduce how much Chinese content is in their supply chains. They are asking the government of Thailand to screen incoming foreign investment, hoping to stop Chinese businesses from moving into the country. They are even pressuring some countries to consider export controls of technology like semiconductors. 'The Trump administration is saying, 'We need to see strategic decoupling if you are going to be a trade partner with the U.S.,'' said Steve Okun, chief executive of APAC Advisors, a geopolitical consulting firm. 'The question is, will countries agree to that?' Want all of The Times? Subscribe.
Newsweek
19 minutes ago
- Newsweek
China Eyes More Overseas Missions for Growing Naval Fleet
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. China is building a new fleet of replenishment ships—capable of providing supplies to other vessels at sea—as the East Asian power's navy expands its overseas presence. Newsweek has reached out to the Chinese Defense Ministry for comment via email. Why It Matters China possesses over 370 naval vessels, making it the world's largest navy by hull count and surpassing its rival, the United States. Over the past year, Chinese warships have conducted missions farther from home—including in Europe and Africa, as well as around Australia in the South Pacific—challenging America's naval dominance. According to a Pentagon report, China has a "sizable force of highly capable logistical replenishment ships," which support long-distance, long-duration deployments—such as recently concluded dual aircraft carrier operations in the broader western Pacific. What To Know Since early June, photos circulated on social media indicate that China has launched and tested several newly built Type 903A replenishment ships. A number of vessels from this class—as well as their predecessor, the Type 903—are already in service. Meanwhile one other newly produced Type 903A may have been undergoing sea trials already. The AOR-design is again in active production both at Wuhu Shipyard and COMEC (formerly GSI), Guangzhou. Same source. — Alex Luck (@AlexLuck9) June 5, 2025 Both the Type 903 and Type 903A vessels can carry fuel oil, fresh water, cargo, and ammunition, according to open-source information. Australia-based naval analyst Alex Luck estimates that China has likely constructed an additional four Type 903A ships. The new ships were constructed at shipyards in Guangzhou and Wuhu, the analyst wrote in a January article for the specialist outlet Naval News. It remains to be seen whether the new ships are Type 903A vessels or further improved versions of this class. The Type 903/A fleet forms the backbone of China's replenishment capability, Luck told Newsweek, adding that China's doubling of this type of ship is not unreasonable, given both the growing demand and the need to build resilience for conflict scenarios. Despite drawing less attention than the larger Type 901 replenishment ships, the Type 903 ships are considered "far more crucial" to China's navy for operating across island chains in the western Pacific, as well as more expeditionary missions, the analyst explained. China's acquisition of multiple new replenishment ships indicates its seriousness in pursuing the goal of having a world class military by mid-century, Tom Shugart, an adjunct senior fellow at the Center for a New American Security, told Newsweek. The Chinese Type 903A replenishment ship CNS Kekexilihu is seen in Qingdao, China, on April 20, 2024. The Chinese Type 903A replenishment ship CNS Kekexilihu is seen in Qingdao, China, on April 20, 2024. Anna Ratkoglo/Sputnik via AP What People Are Saying Tom Shugart, an adjunct senior fellow at the Center for a New American Security, told Newsweek: "Platforms like [replenishment ships] are essential for furthering the [People's Liberation Army] Navy's reach as it operates further and further from home on a regular basis." Australia-based naval analyst Alex Luck told Newsweek: "I've long held the view that the current Type 903/A-fleet is rather insufficient considering the very high rotational tempo the type experiences across [People's Liberation Army Navy] operations." What Happens Next China continues its naval buildup by launching more warships while operating 307 shipyards, at least 35 of which are linked to military or national security projects.
