Here’s our Club Mailbag email investingclubmailbag@cnbc.com — so you send your questions directly to Jim Cramer and his team of analysts. We can’t offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries. Question 1: The stocks in the Trust have astonishingly different P/Es. With this in mind, how can a price target be established for each of them? Thank you. I find the Club to be fascinating. —Marc M. Price targets are part art and part science. While the art portion can be more subjective at times, the most important thing to keep in mind when thinking about the correct multiple to put on a stock is the “comp,” meaning the thing we are comparing that stock to. The two primary comps are going to be the peer group (those companies most similar to the one in question) and the multiple investors paid in the past. What we don’t want to do is think about what the appropriate multiple should be by examining companies that don’t represent an apples-to-apples comparison. A stock’s multiple (and we like looking at the forward multiple) is calculated by dividing the current shares price by earnings estimates for the next 12 months. For example, we wouldn’t look at the multiple investors are willing to pay for Club stocks Pioneer Natural Resources (PXD) or Coterra Energy (CTRA) in an attempt to determine the correct multiple for Microsoft (MSFT). We would have to consider the multiples of Pioneer and Coterra in regard to one another (and other U.S.-based exploration and production companies) because both are U.S.-based exploration and production (E & P) companies. We would then consider whether one should or should not demand a higher or lower multiple versus the other. Based on our price targets of $259 for PXD and $30 for CTRA, the forward P/E multiple that we think represents fair value is roughly 12 times for PXD and roughly 11 times for CTRA. That’s below what investors have paid for PXD over the last five years and about in line with what they’ve paid for Coterra in that time frame. Based on our price target of $400 for MSFT, the forward P/E we think represents fair value is about 33 times. That’s several turns above the historic average, but we think it’s justified given the opportunity generative AI represents for Microsoft to charge customers more for their software to help them reduce costs, thanks to the efficiency gains these AI offerings can bring about. Like most investors, we are willing to pay more for the high-growth potential that we see in tech, whereas an oil name investment thesis is more income-oriented via dividends and stock buybacks. Once we have an idea of what these multiples are, we can begin to make adjustments based on the merits of the company in question versus what peers have going for them or what the company looked like in the past. It’s also worth watching the overall market’s multiple to see how much of a premium or how much of a bargain the stock in question may be. As of this writing, the forward P/E on the S & P 500 was just over 19 times. For further reading on how to determine an appropriate price target based on multiples, check out our commentary dedicated to the process. Question 2: If I am just starting with the Investment Club and have some money to invest, how do I achieve a balanced portfolio that mirrors the Investment Club’s? Do I just purchase stocks with a 1 rating, but then I am not balanced through all sectors? Thanks, Brian The last part of the question is exactly why our general rule of thumb, for those just getting started, is that the first $10,000 should go into a diversified index fund, such as an S & P 500 index fund. This will ensure diversification from the very start of your investing journey. From there, you are correct: start looking for 1-rated Club holdings to augment your portfolio. (That information can be found on our portfolio page .) Our “1 rating” is our way of communicating to members that in the current market landscape, a stock is a buy at current levels. Keep in mind that on any given day, there could be big price swings, so our daily commentary should take priority over our ratings as it will always be more real-time in nature. (We provided additional thoughts on how to go about the research and how to start adding names.) That said, as you add names, you will of course be altering the makeup of your portfolio in terms of sector exposure. So, be sure to remain mindful of the sector breakdown of any ETFs or index funds you already own. (Here’s a breakdown of the S & P 500’s sector weighting .) Another thing we would add: We generally advise individual investors to own no more than five to 10 stocks. That’s because it takes about one hour of homework per day, per stock to keep on top of your positions. We have Jim Cramer and two analysts and a team of reporters and editors covering the 30 some stocks in the Club portfolio. Unless you are looking for a second job, five to 10 hours per week of homework feels about right for most investors. A follow-up question that sometimes comes up is: “I own five stocks but don’t feel comfortable with any single stock being in excess of 10% of my portfolio. How do I reconcile this if I don’t want to be 50% in cash?” It’s a valid concern and to reconcile these views — wanting to be more invested but not own more names due to the time commitment and not wanting to be so heavy in cash — we would point you right back to that S & P 500 index holding. We say $10,000 as a starting point to ensure diversification from the start. That said, you can always allocate more funds to that position as a means of putting more money to work in a more passive way without feeling the need to increase individual stock exposure beyond a comfortable level. For example, you may opt to hold five individual stocks at 10% each and an S & P 500 index fund at 40%. Then your equity portfolio would be 90% invested and the rest could be cash. To be clear, this is not a recommendation on portfolio allocation, only an example of how one may use an index fund to get more money to work in a more passive way while maintaining a more actively invested portion of your portfolio. Question 3: When trimming shares to take some profits, is it typically more profitable over time, to trim the shares with a low-cost basis or a high-cost basis? Sincerely, Donna M. The concern with which lots one should sell isn’t so much about profits as it is about tax implications. The Club is a Charitable Trust and is, therefore, required to distribute all portfolio income and realized capital gains to qualified publicly supported charitable organizations. As a result, we stick to the default sales method first-in, first-out, or FIFO. This means that the oldest shares are going to be the first ones sold. That said, for most investors not trading in a tax-advantaged account, a sale is going to have some kind of tax implication based on the profits realized or the loss taken with the sales. While we can’t get into too much detail (as we cannot offer individual investing advice), remember that long-term capital gains rates on stocks owned for more than 1 year differ from short-term capital gains rates on stocks owned for less than 1 year, which are taxed as income. So, remember that if your goal is to raise cash, your concern shouldn’t be so much about which lots you can sell in order to realize more profits, it should be about which lot you can sell while paying the least in taxes. If you’ve got a position that you are up on overall but within which there are lots that are losers and your goal is to trim that position, you may even consider selling the losers in order to tax loss harvest. That’s all we can really offer up on the matter as anything beyond this would best be discussed with your accountant as they will know what is best given your own unique circumstances. (See here for a full list of the stocks in Jim Cramer’s Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
Here’s our Club Mailbag email investingclubmailbag@cnbc.com — so you send your questions directly to Jim Cramer and his team of analysts. We can’t offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries.
Question 1: The stocks in the Trust have astonishingly different P/Es. With this in mind, how can a price target be established for each of them? Thank you. I find the Club to be fascinating. —Marc M.
While NIU showed off a full lineup of production-ready electric scooters and motorcycles at EICMA this year, one of the most eye-catching was something you can’t buy just yet – but will definitely want to. It’s called the Concept 06, and it’s NIU’s boldest vision yet for the future of electric two-wheelers.
The Concept 06 is a high-performance electric maxi-scooter that blends power, futuristic design, and rider-focused technology in a way that feels more like a prototype from a sci-fi movie than something from a company best known for urban commuter scooters. But the way the company talks about it, the Concept 06 is actually angling for production instead of just catching eyeballs in the center of the booth.
And with performance like this, let’s hope the rubber does eventually hit the road.
NIU Concept 06 maxi-scooter at EICMA 2025
Let’s start with the power: a massive 20kW side-mounted motor launches the Concept 06 to a top speed of 155 km/h (96 mph), putting it firmly in motorcycle territory. The TKX.LAB suspension system is designed to handle aggressive riding while still keeping things smooth over potholes and corners, and dual disc brakes provide serious stopping power.
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But it’s the tech where NIU is really showing off. The Concept 06 is packed with smart mobility features that turn the scooter into a responsive, safety-focused machine. A rear radar monitors nearby vehicles and projects ground alerts to warn surrounding traffic. Smart adaptive headlights automatically adjust their beam to your environment, while ambient lighting “breathes” underneath the chassis for a futuristic glow.
Inside, the Concept 06 is built around personalized comfort and high-end convenience. Riders get an electrically adjustable handlebar and windscreen, a tray table (possibly for laptop work during a charging stop), and even future-ready options like wireless charging. Adaptive Cruise Control, Hill-Start Assist, Hill Descent Control, and Push Assist all make daily use more accessible and intuitive.
There’s also full 360° camera coverage with front, rear, and rider-facing cameras, plus a Sentry Mode that activates if someone tampers with the vehicle, sending alerts straight to your phone. Real-time tire pressure monitoring, regenerative braking, and a self-opening saddle round out the long list of rider-focused upgrades.
Electrek’s Take
Of course, this is still a concept vehicle, and it’s unlikely that every single one of these features will make it through to a potential production model. However, the Concept 06 shows that NIU is serious about pushing the boundaries of what an electric scooter can be. And it’s not like we haven’t seen NIU take cool designs that initially seemed far-fetched and ultimately bring them to production.
With high power, top-tier safety tech, and a feature list that rivals high-end EVs, the Concept 06 could be a glimpse at where NIU is going next. Let’s hope they don’t keep this one in the concept cage for long.
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While the typical buyers of the flagship Mercedes-Maybach EQS 680 may not have to ask what one costs, they do need to know what number to write on the check – and if they happen to be asking this month, that number will be $50,000 LOWER than before.
Mercedes-Benz nearly doubled the savings on the 2025 Mercedes-Maybach EQS 680 this month, making it the SUV with the largest rebate offer. The high-end luxury SUV is available with $50,000 in lease cash or purchase cash. Previously, the automaker offered $30,000, making this the best deal to date on the $181,050 vehicle.
For that money, Mercedes-Maybach EQS buyers get Rolls-Royce rivaling material appointments and infotainment features that wouldn’t look out of place in a futuristic sci-fi movie, as well as reclining and massaging rear seats with quilted leather upholstery, lumbar support pillows, and a whole lot more, too.
It’s nice in there
The Maybach EQS 680 is all about opulence, of course – and the list of available features reads exactly the way you’d expect it to on a ride like this. For example: there’s a 12.3″-inch” digital instrument cluster, 17.7″ OLED touchscreen central multimedia display, another 12.3″ OLED display for the front passenger, something called MBUX Hyperscreen, ventilated/rapid-heating front seats so your chauffeur doesn’t get too sweaty, the previously-mentioned massaging seats, “soft close” doors, power side-window sunshades for added privacy, illuminated running boards, and a 64-color choice of interior mood lighting.
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Power and torque rarely matter on a ride that you’re more likely to be relaxing in rather than driving, but the big Mercedes doesn’t disappoint in that department, either, thanks to a fully variable 4MATIC AWD system with Torque Shift power vectoring that can send the big SUV’s 649 hp away from the wheels that slip to the wheels that grip, and also work to accelerate inside wheels at a different rate than outside wheels to neutralize handling at the limits.
You know, in case you need to escape the hungry mobs with pitchforks forgot to pick up little Suzie from soccer and need to get there now, Now, NOW!
The big EQS features a 107-ish kWh battery pack good for an EPA-estimated 200 miles of range, with 10-80% charge available in about 30 minutes on a 200 kW DC fast charger. And, trust me, that’s the kind of convenience your personal driver will love.
You can find out more about Mercedes’ killer EV deals on the full range of EQ models, from this top-shelf Maybach on “down” to the alsosuper-discounted compact EQB crossover, below, then let us know what you think of the three-pointed star’s latest discount dash in the comments section at the bottom of the page.
SOURCE: CarsDirect; images via Mercedes-Benz.
If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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Despite decades of market dominance, it seems like the days of loud, finicky gas-powered lawnmowers may finally be behind us — and I say that because five of the highest-rated mowers on Amazon won’t burn a drop of gas.
Consumer site SlashGear recently compared the average star ratings of a number of lawn mowers on Amazon, focusing on products that had at least 2,000 reviews and a four-star average or higher, and found that battery-electric units from EGO, Greenworks, and Worx were among the top-rated mowers, regardless of fuel type:
The products on this list have the highest ratings for lawn mowers on Amazon. Not only do they have high ratings, but they also have an extensive number of reviews from customers. There are lawn mowers not included on this list with higher customer ratings, but they don’t have the same quantity of reviews.
There’s one manual push mower (sometimes called a reel mower) on that top five list, but virtually no mention of the fact that there are precisely zero gas-powered mowers on the list – despite there being more than 600 pages of results when I searched “gas mower” earlier today. And it’s that fact that seems like the Real News™ item here, not the affiliate links.
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So, in that spirit, here’s a brief rundown of each of the top-performing mower brands that’s both free of ad links and in alphabetical order. Enjoy!
EGO
Power+ 56V 21″ electric mower; by EGO.
Over the past few years, the EGO brand has staked a claim to being the gold standard for cordless lawn equipment with its high-voltage 56V battery platform and premium build quality, and the brand’s self-propelled mowers regularly top customer satisfaction charts (they show 4.6-star average rating with more than 2,600 reviews).
That’s no surprise, as the EGO mowers offer superior durability, long runtimes, quick charging, and enough torque to rival (if not outperform) comparable gas models.
Greenworks
24V 13″ electric lawnmower; via Greenworks.
Another electric lawn care standard-bearer, Greenworks has been covered a number of times in these pages for everything from a powerful 60V cordless chainsaw to an electric minibike. Today, though, we’re focusing specifically on the brand’s 24V 13″ brushless electric mower – a product with a 4.3-star rating after more than 21,000 Amazon reviews. (!)
Fans of the Greenworks lawnmowers often cite their low weight, durability, ease of use, and for a small suburban yard (let’s call it a 1/4-1/2 acres, on the high side) the 13″ version shown, above, should be more than up to the task.
WORX
40V 17″ cordless lawn mower; by WORX.
Full disclaimer: I have a few WORX-branded toys in my garage, partly because of the brand’s smart, compact, and consumer-friendly approach to product design and partly because the brand’s excellent Power Share platform let users swap batteries between tools before some of the other brands figured out that was a huge selling point, giving WORX a significant head start in the logistical simplicity and convenience departments.
The results speak, meanwhile, for themselves. The brand enjoys high customer ratings for its 40V 17″ mower (above, which fits neatly between the other two options), and a growing base of users who’ve discovered that going electric doesn’t have to mean going expensive.
If you’re looking to get yourself some electric lawn equipment, keep an eye out for Electrek’s “Green Deals” posts which frequently feature big discounts. And check with your state or regional clean air regulator to see if any rebates are available – here’s California’s page, and here’s Colorado’s, but there are constantly shifting incentives available elsewhere too, so even if you’ve looked into those before: look again.
Source links throughout; featured image by EGO.
If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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