KO Feb 2025 62.500 put
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CrowdStrike, Coca-Cola among IG North America CEO's stock picks
The consumer is in focus as companies begin to report their third quarter earnings results. September's Consumer Price Index (CPI) is also due out this week on Thursday, October 10. IG North America CEO JJ Kinahan sits down with Seana Smith and Brad Smith on Yahoo Finance's Morning Brief to review the assortment of stocks the firm is bullish and bearish on, namely CrowdStrike (CRWD), Microsoft (MSFT), Coca-Cola (KO), and Target (TGT). "The number one bullish stock over the last week has actually been CrowdStrike," Kinahan states, noting CrowdStrike's global outage that impacted various industries and airline operators over the summer. "But again talk about a stock where perhaps all the bad news is out. At the end of the day, they still have these contracts now. They had a tough time signing some new contracts, there's no question about that. But I think that general belief is this bad news is built in. So, it's a stock that may make sense for many people to take a chance on as we head into the fall season." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
