Subtitles section Play video Print subtitles JAN AROUND HERE, WE MAKE A POINT OF GOING OVER WHAT WORKED AND WHAT DIDN'T IN THE PREVIOUS YEAR TONIGHT, WE'RE DOING THE SAME THING FOR 2022 BUT WITH A TWIST BECAUSE THERE ARE SO MANY DUPLICATES BETWEEN THE MAJOR AVERAGES WE'VE HAD TO GO DEEPER THIS YEAR OVER THE NEXT FEW DAYS, WE'RE TRYING TO FIGURE OUT WHAT WILL BE THE BEST AND WORST PERFORMERS FOR THE DOW, THE S&P 500 AND THE NASDAQ 100 BUT LOOKING AT THE BEST AND WORST STOCKS FOR EACH INDEX IN TERMS OF LAST YEAR'S ACTION LET'S GET INTO IT. LET'S START WITH MY FAVORITES TO REPEAT AS WINNERS FROM THE LAST YEAR'S TOP 15 BEST PERFORMERS IN THE DOW JONES. HERE IS THE TOP 15 WE JOKE ABOUT THE MIGHTY DOW WHICH IS MY RESEARCH CHAMPION BEN'S TURN WHERE IT TURNED OUT TO BE THE BEST OF THE BEST IN 2022 BECAUSE THE DOW IS STRONGER THAN THE OTHERS. THESE COMPANIES MAKE THINGS OR DO STUFF OUT OF PROFIT WHILE RETURNING CAPITAL TO SHAREHOLDERS WITH REASONABLY PRICED STOCKS, WHAT WORKED ONCE THE FED DECLARED WAR ON INFLATION IN NOVEMBER 2021 I HAD A HARD TIME PICKING FROM THESE 15 WINNERS BECAUSE THERE ARE SO MANY GOOD STOCKS IN THE DOW. CHALKED FULL OF POTENTIAL WINNERS WHERE WE EXPECT THE FEDERAL RESERVE WILL ENGINEER A SLOWDOWN BUT NOT A RECESSION, AT LEAST BY THE TRADITIONAL DEFINITION OF RECESSION. TWO STRAIGHT QUARTERS. I WANT TO START BY SAYING THAT I'M DOING THESE PICKS IN NO PARTICULAR ORDER BUT THEY'LL DO THE BEST THIS YEAR EACH YEAR THERE TENDS ON A CLUSTER OF WINNERS THERE IS A CLUSTER OF DOW WINNERS FROM 2023 AS CHOSEN FROM THE TOP WINNERS OF 2022. CHEVRON WAS CLUBBED LIKE A BABY SEAL TODAY ON OIL WEAKNESS I SAY THAT'S GOOD NOT BECAUSE I LIKE SEAL KILLERS, I DON'T CHEVRON STOCK GOT CHEAPER AS IT GOES DOWN. I'M A BIG BELIEVER IN THE OIL STOCK FOR 2023 BUT NOT AS GREAT AS LAST YEAR GOING FORWARD YOU HAVE TO BE SELECTIVE WITH THE OIL BECAUSE WHEN THE FED SLAMS THE BRAKES OF THE ECONOMY, THAT PUTS DOWNWARD PRESSURE ON ENERGY PRICES, AS I SAID AT THE TOP IT'S OKAY
B1 US dow chevron stock cluster oil recession Jim Cramer predicts how Chevron stock will perform in 2023 10 1 WP posted on 2023/01/04 More Share Save Report Video vocabulary