6 slowdowns that "were ruled by Wall Street"



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As a result of the economic downturn, CNBC's Jim Cramer took the time Monday to review the values ​​on which big investors are turning to the rest of the year.

Financial managers of major financial institutions exert the greatest influence on prices on Wall Street. Understanding what these traders think is the best way to determine the extent to which assets on the market will switch.

The presenter of "Mad Money" analyzed six actions on which viewers should remain attentive.

"These six … slowdowns have been designated by Wall Street and will not go away," said Cramer. "They will be the winners of the second period whose big players simply can not get enough of it – memorize them, my friends, because I bet they will continue to win for the rest of the year. "

1. Estée Lauder

Estee Lauder, the brand of skin care, hair care and makeup, is an excellent "selfie generation game where everyone must look great every time they go out," Cramer said. The title gained more than 33% this year and hit another 52-week high on Monday before rising above $ 187 at closing.

Cramer has endorsed CEO Fabrizio Freda, who has launched a mentoring program in which the company's younger staff informs its more experienced workers about the latest trends, as "one of the smartest executives I've ever seen. Have never met ". Although China remains a risk, the company said in its May earnings report that it was "optimistic" about the ongoing long-term growth in the country.

2. Starbucks

After trading relatively laterally for three years, Starbucks has seen its price rise from about $ 50 to $ 90 per share over the past year. Cramer congratulated CEO Kevin Johnson, a technology veteran who took over in 2017, for signing a $ 7.15 billion global deal with Nestlé and authorized a share buyback program. In addition, the coffee chain has improved its loyalty program and its relations with Chinese companies.

"It's important because the Chinese market is gigantic for these guys and it's been slowing down." He's coming back with revenge now because Starbucks does not seem to suffer many of the perverse effects of the trade war, Cramer said. .

3. Chipotle

Jack Hartung, chief financial officer of Chipotle Mexican Grill, has taken a "savvy decision" to buy back shares in the restaurant chain while she resisted controversies over food security in recent years, Cramer said. This risk bears fruit. Chief Executive Officer Brian Niccol continued to join the company about 15 months ago and put in place an experienced leadership that was previously lacking.

Shares reached an all-time high during the session, effectively completing a return to levels that the company had not seen since mid-2015.

"Today, several companies have raised their price targets on this one and I think they have made the right decisions," he said.

4. Nike

In its quarterly report released in late June, Nike was disappointed by 4 cents compared to analysts' forecasts. Initially down 4% on the news after hours trading, the stock climbed nearly 7% at Monday's close. Investors should generally be wary of stock without news, but Cramer suggests buying the stock of the shoe brand down.

"People think the next quarter will be better than the last, and I think Nike has made an incredible comeback on virtually nothing," he said. "If it falls, buy it."

5. Procter & Gamble

Cramer pointed out that Procter & Gamble is a name he will never have the chance to recommend to viewers because he never seems to retire. Applauding CEO David Taylor's leadership in improving growth, the facilitator said the title had become a favorite choice for consumer goods companies.

Both gross costs and freight costs have decreased, which is a good recipe for Procter, he said.

"Bigger market shares, lower costs, better Chinese business, what's wrong?" "Watch out for this stock," said Cramer. "The actions of Procter do not go down, from the moment they withdraw, perhaps outside of the market, jump."

6. McDonald's

Stephen Easterbrook, McDonald's CEO, "is a genius," said Cramer. The ubiquitous restaurant chain has put a lot of effort into adding technology to its business – including kiosks and mobile orders for customers, as well as two technology acquisitions – and franchisees have followed the example of Easterbrook.

The stock is up more than 20% this year.

"I think this action has more leeway, even in a not-so-hot economy," he said.

WATCH: The six shares of Cramer to win the rest of the year

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