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Pro Picks: Watch all of Wednesday’s big stock calls on CNBC

Chaim Potok by Chaim Potok
February 1, 2023
in Investing
Pro Picks: Watch all of Wednesday’s big stock calls on CNBC
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Market Movers rounds up the best trade ideas from investors and analysts throughout the day. Jim Cramer discussed Advanced Micro Devices . On Tuesday, the chipmaker beat fourth-quarter estimates for sales and profit. Despite the earnings beat, the company sees a 10% decline in sales on a year-over-year basis in the current quarter. The stock closed 12.6% higher. The pros also talked about Snap . Shares of the social media company plunged Wednesday, a day after Snap missed revenue expectations in its latest earnings report . It marked the third consecutive quarter in which Snap did not provide guidance. Finally, Ark Invest CEO Cathie Wood laid out some of the stocks she believes are set up for success long-term, such as Amazon and Exact Sciences . Other stocks mentioned included Meta and CarMax . AMD, Amazon and Meta are all currently held in Cramer’s Charitable Trust portfolio.



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