The markets fluctuated on Thursday as the Trump administration's trade policy remains unclear.

Amazon (AMZN - Get Report)  said it reached an agreement to acquire online pharmacy PillPack. Hard hit were the shares Walgreens Boots Alliance (WBA - Get Report) , CVS Health (CVS - Get Report)  and Rite Aid (RAD - Get Report) .

First-quarter GDP growth was revised lower to 2% from 2.2%, reflecting weaker consumer spending. 

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:

Oil Surge is Creating High-Yield Opportunities

Real Money columnist Jim Collins writes: "As crude oil's strong rebound continues -- I'm seeing WTI quoted at $73.31 as I write this -- I have been looking into different ways to play the jump in prices. My knee-jerk reaction is always to buy shares of small E&P companies, as those enterprises are generally levered to crude prices both through financial leverage and flat corporate structures that allow for profits to drop straight to the bottom line as opposed to being sucked away by layers of middle management as they might be at Exxon (XOM - Get Report)  or Chevron (CVX - Get Report) . Don't get me wrong, XOM and CVX are also beneficiaries of this move in crude, and you would be crazy to sell them now if you own them."

Looking For a Nice Bounce in Stocks? I've Got Some Bad News For You

"While some of our concerns regarding the level of chart extensions have moderated, the overall state of the charts and data suggest we maintain our near-term 'neutral/negative' outlook for the major equity indices," observes Real Money Pro columnist Guy Ortmann.

"More violations of support and trend have been registered and the data, while mixed, is not indicating any meaningful bounce is at hand," Ortmann notes.

Google's Big Ad Shakeup Showcases its AI and Analytics Strengths

"In many ways, the overhaul that Alphabet/Google ( GOOGL - Get Report)  just unveiled for its ad empire is about making better use of Google's very valuable brand," says Real Money columnist Eric Jhonsa.

"But a look at the details of the shakeup shows that Google is also trying harder to make its ad offerings play nice with each other, as it contends with tough competition from independent ad software and services firms. And it also points to an interest in making greater use of analytics/measurement tools and machine learning algorithms to differentiate its ad products," Jhonsa adds. 

(Alphabet and Amazon are holdings in Jim Cramer's Action Alerts PLUS member club. Want to be alerted before Jim Cramer buys or sells GOOGL or AMZN? Learn more now.)

______

4 Top Experts Tell You How to Play the Market. TheStreet's Scott Gamm recently sat down with top market watchers from Bank of America, Fisher Investments, Invesco and Wells Fargo. Click here and register to watch a free roundtable in which they lay out their best advice