Jim Cramer says his second-half playbook for investors is quite simple
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CNBC
15 minutes ago
- CNBC
Best stocks: The 10 most exciting names of the summer and one more on the verge of a breakout
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — With the first half of the year wrapping up, Sean and I are taking a look at the best stocks on our Best Stocks in the Market list so far this summer. We're using June 1st as the starting point to show you the names people have been most excited about on our list. The first thing that jumped out at me was the breadth of sector dispersion among the top ten Best Stocks this month. It's not concentrated to any one or two sectors, it's all over the map. This is what you want to see in a bull market, of course, because it indicates a bull that's being driven by multiple forces and not a singular theme, like rates falling or AI spending. Coinbase (COIN) , Oracle (ORCL) , Robinhood (HOOD) , Vistra (VST) and Roblox (RBLX) are your top five. That's two from financial services, one from information technology, one utility, and one from communications services. Over the past month, these stocks are up between 21% and 42% with billions in market cap gains for all of them. Coinbase has added $27 billion in value since the start of the month while Robinhood has added $22 billion, putting both companies higher in the Financial sector's overall weighting. Within the top 10 are Royal Caribbean (RCL) which is benefiting from the twin tailwinds of lower energy prices and a resilient consumer, and Cloudflare (NET) , a data center play. Then there's Ferguson Enterprises (FERG) , an HVAC giant I introduced the audience to on the Halftime Report back in December for the first time. Last but not certainly not least is KLAC and NVDA , two semiconductor giants, with NVDA nearing a $4 trillion market cap. Additionally, Hilton (HLT) hit our list last week. We just saw a golden cross happen as the stock climbs out of its April "Liberation Day" lows. The stock was in a 24% drawdown and is now back to within 4% of a 52-week high. Welcome to the list, Hilton. Sector Leaderboard As of 6/30/2025, there are 120 names on The Best Stocks in the Market list. Top Sector Ranking: Sean — June 2025 was a standout month for the U.S. stock market, with the S & P 500 and Nasdaq both closing at record highs amid renewed optimism around AI and easing geopolitical tensions. Tech stocks led the charge, with names like Nvidia and Oracle driving performance, helping the broader market shrug off lingering concerns about inflation and trade policy. Industrials and tech take up the lion's share of our list at a combined 40% exposure out of all 11 sectors: Top Industries: Software, Capital Markets, and Aerospace and Defense have been the strongest industries for the first half of 2025: Crypto was another theme within our list that had a great June. COIN was the best performing stock on our list for the month of June, up a total of 42%. Robinhood, a capital markets stock but one that earns a massive amount of revenue due to crypto trading, was the 2nd best performer on our list for the month of June, up 41.6%. In Q1 2025, HOOD reported $252 million in crypto trading revenue, which was up 100% year-over-year. That same quarter, its total transaction-based revenue amounted to $583 million, meaning approximately 43% came from crypto alone. Hotels, restaurants and leisure is another interesting industry to point out. Within the leisure, lodging, and travel service industries in the S & P 500, every stock is above its 50-day moving average, and all but one stock is above its 200-day moving average ( Norwegian Cruise Line is below that level). The median RSI for an S & P 500 stock in these industry groups is 66, higher than the median reading of 55 for the S & P 500. Top 5 Best Stocks by Relative Strength: New Addition: Hilton (HLT) Sean — Hilton (added to list on June 27) is benefiting from multiple tailwinds heading into the back half of 2025. Business travel demand has rebounded strongly, with corporate bookings and group events coming back online. At the same time, Hilton's diversified brand portfolio of affordable to ultra luxury positions it well to capture an evolving consumer during times of heightened macro uncertainty. HLT's earnings report last quarter was a strong one: Q1 2025 saw 6% adjusted EBITDA growth, $300 million in net income, a 7% pipeline increase and $927 million returned to shareholders. Full-year guidance projects up to $1.75 billion in net income and $3.3 billion in capital returned to shareholders. (data via Quartr.) Last week we saw a golden cross - which is the 50-day moving average cross through and above the 200 day moving average, which is a bullish formation. The stock is breaking above some recent congestion and deserves a spot on your watchlist from here. Risk management Josh here — Hilton is a potential breakout, not a breakout in progress. Pure technicians would wait to see how it handles a retest of the old highs from February in the low $270s. For investors, if you're going to pull the trigger early in anticipation, I like $240 as a line in the sand, just below the rising 200-day. Update each week as the closing prices come in. DISCLOSURES: (None) All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL'S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. INVESTING INVOLVES RISK. EXAMPLES OF ANALYSIS CONTAINED IN THIS ARTICLE ARE ONLY EXAMPLES. THE VIEWS AND OPINIONS EXPRESSED ARE THOSE OF THE CONTRIBUTORS AND DO NOT NECESSARILY REFLECT THE OFFICIAL POLICY OR POSITION OF RITHOLTZ WEALTH MANAGEMENT, LLC. JOSH BROWN IS THE CEO OF RITHOLTZ WEALTH MANAGEMENT AND MAY MAINTAIN A SECURITY POSITION IN THE SECURITIES DISCUSSED. ASSUMPTIONS MADE WITHIN THE ANALYSIS ARE NOT REFLECTIVE OF THE POSITION OF RITHOLTZ WEALTH MANAGEMENT, LLC" TO THE END OF OR OUR DISCLOSURE. Click here for the full disclaimer.
Yahoo
30 minutes ago
- Yahoo
'Too soon' to see price effects from tariffs, says Bank of England's Bailey
Bank of England governor Andrew Bailey said it is "too soon" to see the price effects from the trade and tariffs action. Speaking at the European Central Bank's annual Forum on Central Banking in Sintra, Portugal, Bailey said he was observing a 'softening' in the UK economy and 'softening in the labour market,' reinforcing expectations that the BoE's next move on interest rates will be to lower them. Earlier in the day, Bailey left the door open to a rate cut at the monetary policy meeting in August. 'I think the path of interest rates will be gradually downwards, I've not changed my mind on that,' Bailey told CNBC ahead of the summit. Futures markets are pricing in a 75% chance that the monetary policy committee will lower the base rate from 4.25% to 4% in August, with two more quarter-point cuts anticipated by year-end. Bailey noted that the UK labour market, an important source of inflation pressure, is beginning to cool. "The key question" for the next MPC meeting, he said, is whether that softening "is going to come through and create the context where inflation will come back down to target". Read more: Eurozone inflation hits 2% ECB target after June interest rate cut Average wage growth excluding bonuses slowed to 5.3% in May, according to the latest Office for National Statistics data, down from 5.6% a month earlier. Bailey said this easing, along with softer demand, would help bring inflation back to the Bank's 2% target. It currently sits at 3.4%. Bailey also welcomed the decline in energy prices following the Israel-Iran ceasefire. This, he said, created a "helpful backdrop" for the MPC's deliberations. He also acknowledged the impact of global uncertainty on UK business investment, suggesting the BoE may need to prioritise supporting growth. With British businesses 'putting off investment decisions,' Bailey hinted that further tightening could be counterproductive. Elsewhere in Sintra, US Federal Reserve chair Jay Powell echoed Bailey's caution on tariffs, saying the full inflationary effects of Donald Trump's recent trade measures had yet to materialise. 'If you ignore the tariffs for a second, inflation is behaving pretty much exactly as we have expected and hoped that it would,' Powell said. 'We haven't seen the effects much yet from tariffs and we didn't expect to by now.' He added: 'We went on hold when we saw the size of the tariffs, and essentially all inflation forecasts for the United States went up materially as a consequence ... We didn't overreact. In fact, we didn't react at all. We're simply taking some time. "As long as the US economy was in solid shape, we think the prudent thing to do is to wait and learn more and see what those effects might be.' The Fed chair's comments come as he faces mounting pressure from Donald Trump to cut rates to mitigate the consumer impact of the trade war. Powell, however, reiterated the Fed's independence: 'I'm very focused on just doing my job. The things that matter are using our tools to achieve the goals that Congress has given us.' His remarks were met with applause from the audience. Read more: Global economy to slow amid 'most severe trade war since 1930s', says Fitch Powell added he couldn't say whether the Fed could cut interest rates as soon as this month. "It all depends on the data", he insisted, adding that the Fed is going "meeting by meeting". Christine Lagarde, president of the ECB, struck a cautiously optimistic tone in the wake of news that eurozone inflation had edged up to 2% in June from 1.9% in May — reaching the central bank's medium-term target. 'I am not saying 'mission accomplished', but I say 'target reached', OK,' Lagarde said. But she warned of continued uncertainty, citing geopolitical tensions and the risk of economic fragmentation as 'two-sided risks' to the inflation outlook. 'We have to continue to be extremely vigilant, and remain committed to delivering on the inflation target,' she said, concluding: 'We are well-equipped to navigate the tormented waters that we should anticipate.'
Yahoo
37 minutes ago
- Yahoo
Fed's Müller says ECB can wait before further rate changes
-- The European Central Bank (ECB) can afford to take time before considering additional interest rate changes, according to Estonian policymaker Madis Müller, who suggested the bank may not need to ease much more in the current cycle. Speaking Tuesday at the ECB Forum on Central Banking in Sintra, Portugal, Müller told Reuters that "it makes sense for policy to stay on hold for a while." "It's reasonable not to change rates in July," Müller stated. "While it's too early to discuss the autumn, it's also reasonable to assume that we should not go much lower during the current cycle, unless the euro area economy will turn out to be much weaker than we expect." Several factors support the ECB's patient approach. Inflation has essentially reached the bank's 2% target, economic growth is recovering, and interest rates are no longer hampering growth. The outlook could change significantly due to trade negotiations with the United States and potential increases in military and infrastructure spending, particularly in Germany. These factors suggest policymakers should wait until the situation becomes clearer. Müller noted that risks around inflation are now broadly balanced – an unusual situation for the ECB, which has spent the past decade fighting either too-low or exceptionally high inflation. The euro's rapid appreciation could potentially affect price growth and exporters' profitability. The currency was trading just above 1.18 against the dollar on Tuesday, its highest level since autumn 2021 and well above the 1.02 seen in early 2025. Despite this rise, Müller expressed little concern. "The euro exchange rate against the dollar is well within the historical range," he said. "The appreciation this year has indeed been quick but we're not at a level where I am particularly concerned." Related articles Fed's Müller says ECB can wait before further rate changes EU reportedly willing to accept universal 10% tariff but with sector exemptions Powell seen as 'lame duck' Fed Chair as his replacement could be added soon 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
