In today’s Get Real, we saw Apple Watch’s performance and another loss for Boeing. Plus, Google’s Fitbit acquisition faces scrutiny from the EU.
Apple Watch’s overperformance
Apple (AAPL) Watch shipments surged and beat the global market during the third quarter. The smartwatch industry leader is expected to expand its advanced healthcare offerings.
Monster Beverage crushed Q3
Monster Beverage’s third-quarter earnings results beat analysts’ expectations and the stock rose. The company also introduced several new products during the last quarter.
Elon Musk fires back
Recently, Tesla (TSLA) CEO Elon Musk took to Twitter to confront criticism from David Einhorn, Greenlight Capital’s fund manager. Tesla’s short position contributed to Greenlight Capital’s losses last month.
Should you stay away from Aurora Cannabis?
Jim Cramer thinks investors should stay away from Aurora Cannabis (ACB), at least for now. The entire cannabis sector has been under a lot of pressure. Aurora Cannabis will release its earnings report this week.
Another hit for Boeing
Boeing lost a 25-plane order from GE Capital Aviation Services to Airbus. Boeing stock has underperformed in the market. The company continues to face problems.
What to watch for
Kroger versus Walmart
The grocery industry is highly competitive. Traditional grocers like Kroger have struggled to compete with companies like Walmart (WMT). We have provided an overview to determine which grocery stock is best.
Chesapeake Energy: Destined to fall?
The energy sector’s downturn hasn’t been kind to Chesapeake Energy (CHK). The stock has fallen to the lowest point since 1999. The current outlook for Chesapeake Energy’s future isn’t much better.
Vestager’s Google fault-finding
European Union Antitrust Chief Margrethe Vestager has continued to discover faults with Google (GOOGL) after ongoing antitrust concerns and fines from the EU. Google’s recent Fitbit acquisition caught Vestager’s eye due to potential privacy concerns.
Waiting on another “Trump Effect”
Cleveland Cliffs (CLF) and U.S. Steel (X) are in the red this year despite President Trump’s tariffs. The companies desperately need another “Trump Effect” to get a boost going into 2020.