3 Hot Reads on Stocks From TheStreet's Top Columnists

Markets were mixed on Wednesday and then surged higher in afternoon trading, led by the energy sector as oil prices rose following President Trump's withdrawal from the Iran nuclear deal. Exxon Mobile (XOM) and Chevron (CVX) led the way, and the Energy Select Sector SPDR Fund  (XLE)  posted solid gains.

Here are three top takes from the columnists of Real Money and Real Money Pro, our premium sites for Wall Street professionals and active investors:

Jim Cramer: Disney, Walmart Stock Gets Whacked for Investing in the Future

"In the last 24 hours two of the best-and wealthiest-companies on Earth, the Walt Disney Company (DIS)  and Walmart (WMT)  are getting panned for making bold investments in their businesses," says TheStreet's Jim Cramer. "Disney is spending to build out its tech offerings that will produce over the top and on-line offerings."

"Meanwhile," Cramer points out ,"Walmart shells out $16 billion for 77% of Flipkart, giving them an incredible e-commerce platform in India, one that is number one in fashion, number one in large appliances and number two in electronics."

Facebook's Big Executive Shakeup Comes at a Very Interesting Time

"Much like some of the restructurings Microsoft (MSFT)  has carried out in recent years, the big executive shakeup Facebook (FB)  is reportedly carrying out for its product development teams appears meant to get the teams responsible for major products and services to play nice with each other," according to Real Money columnist Eric Jhonsa.

"The shakeup might also pave the way for major changes at Instagram, Messenger and/or WhatsApp, which are collectively more important than ever to Facebook's long-term growth prospects," adds Jhonsa.

(Microsoft and Facebook are part of Jim Cramer's Actions Alerts PLUS, which he co-manages as a charitable trust.)

How My Mid-Cap Dividend Growers Portfolio Has Performed

Real Money columnist Jonathan Heller writes that "Tomorrow marks one year since the launch of my Mid-Cap Dividend Growers Portfolio, which was designed to combine the tracking of an area of the market that I tend to ignore (mid-caps), along with a concept (dividend growth) that I pay a great deal of attention to. I've long been a proponent that dividends can be a better measure of company's health, or prosperity than earnings."

"The stringent screening criteria used to design this portfolio revealed just 20 qualifiers," notes Heller.

More from Investing

Here's What Constellation Brands Sinking $4 Billion Into Canopy Growth Signals

Here's What Constellation Brands Sinking $4 Billion Into Canopy Growth Signals

Stocks Slide, Dollar Rises as China Markets, Lira Crisis Keep Investors Cautious

Stocks Slide, Dollar Rises as China Markets, Lira Crisis Keep Investors Cautious

Fisker CEO: Autonomous Electric Shuttle Will Debut Soon at Major Tech Company

Fisker CEO: Autonomous Electric Shuttle Will Debut Soon at Major Tech Company

Sears CEO Eddie Lampert Offers Big Clue Dying Retailer Nearing Major Cash Crunch

Sears CEO Eddie Lampert Offers Big Clue Dying Retailer Nearing Major Cash Crunch

5 Things You Should Know About Tech Giant Nvidia

5 Things You Should Know About Tech Giant Nvidia