Procter & Gamble Co. (NYSE: PG) posted a share price loss of 1.3% last week, not much, but enough to maintain its rank as the worst-performing Dow Jones industrial�average stock of the year to date. So far in 2018, the shares have lost 20.8%.
The second-worst Dow stock so far this year is General Electric Co. (NYSE: GE), which is down 17.6%. That is followed by 3M Co. (NYSE: MMM), down 16.68%, Walmart Inc. (NYSE: WMT), down 11.6%, and DowDuPont Inc. (NYSE: DWDP), down 9.69%.
The Dow dropped 151.75 points over the course of the past week to close at 24,311.19, down 0.6% for the week. Over the past 12 months, the consumer staples sector has dropped 8.3%, the worst among the 11 S&P sectors.
The first couple of trading days last week saw P&G’s shares continue the slide begun the previous week when the company announced that it would pay $4.2 billion for Merck KGaA’s consumer health unit. And while the company beat first-quarter estimates when it reported results shortly after announcing the acquisition, organic sales growth of a mere 1% led company executives to note on the conference call the “rapid shifts to e-commerce” and tighter inventory management at retailers as part of P&G’s problem.
Hot Growth Stocks To Buy For 2018: Ecolab Inc.(ECL)
Advisors' Opinion:- [By ]
Ecolab (ECL) : "That's a terrific situation that I want you to buy more of if it comes down."
PTC (PTC) : "Not my cup of tea but I understand it's in the sweet spot of tech."
- [By ]
3. Ecolab (NYSE: ECL)
This water, hygiene, and energy services company is being heavily bought by Bill Gates. Mr. Gates has purchased around a million shares across several transactions in the last 30 days. His purchase price was between $134.00 and $137.00 per share. - [By ]
In the Lightning Round, Cramer was bullish on Goldman Sachs (GS) , Berkshire Hathaway (BRK.B) , Ecolab (ECL) , PTC (PTC) , Arista Networks (ANET) , U.S. Concrete (USCR) and Masco (MAS) .
Hot Growth Stocks To Buy For 2018: Taiwan Semiconductor Manufacturing Company Ltd.(TSM)
Advisors' Opinion:- [By Ashraf Eassa]
Contract chip manufacturing giant�Taiwan Semiconductor Manufacturing Company�(NYSE:TSM) announced that it expects its revenue for the entirety of 2018 to grow by "about 10%" -- a downward revision from its previous forecast of between 10% and 15% revenue growth.
- [By Ashraf Eassa]
With this delay, Intel has fallen solidly behind its largest peer,�Taiwan Semiconductor Manufacturing Company�(NYSE:TSM), which began mass production of chips using its 7nm technology (roughly equivalent to Intel's 10nm technology) earlier this month.
- [By Todd Shriber, ETF Professor]
The new BKC has 33 holdings. Top 10 holdings in the new ETF include Taiwan Semiconductor Ltd. (NYSE: TSM), Square Inc. (NYSE: SQ) and Advanced Micro Devices Inc.(NASDAQ: AMD). BKC features significant international exposure, as Japanese, Taiwanese and South Korean companies combine for 45.6 percent of the fund's weight.
- [By Ashraf Eassa]
During�Taiwan Semiconductor Manufacturing Company's (NYSE:TSM) most recent earnings conference call, the company's management went into a lot of detail about its new 7nm chip manufacturing technology known as N7.�
Hot Growth Stocks To Buy For 2018: T2 Biosystems, Inc.(TTOO)
Advisors' Opinion:- [By Joseph Griffin]
Get a free copy of the Zacks research report on T2 Biosystems (TTOO)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
T2 Biosystems (NASDAQ:TTOO) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.
- [By Shane Hupp]
T2 Biosystems (NASDAQ:TTOO) hit a new 52-week high and low during trading on Friday . The company traded as low as $7.72 and last traded at $7.38, with a volume of 13220 shares changing hands. The stock had previously closed at $7.22.
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