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China Improvement No Reason to Buy Cliffs Natural Resources or Vale

July 13, 2023
in Trade Tube
Reading Time: 1 min read
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Jim Cramer says even with China improving, investors should avoid stock of Cliffs Natural Resources (CLF) and Vale (Vale). Cramer says Monsanto (MON) will pursue its proposed acquisition of Syngenta (SYT) even though there might be big antitrust issues. Cramer likes NXP Semiconductors (NXPI), as well as Qorvo (QRVO), Avago (AVGO), Skyworks (SKWS), but prefers Cypress (CY). Cramer says Town Sports (CLUB) is in a tough business and he prefers Under Armour (UA) and Nike (NKE). Cramer says Apple (AAPL) is a great long term own and you shouldn’t trade it, even as the stock continues to churn. He answered Twitter questions on the floor of the NYSE.

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