Before taping a Friday “Mad Money,” I always look at the week’s market performance just in case the percentages are noteworthy. They usually aren’t. But this week things were different, very different. The S & P 500 and the Nasdaq had their best weekly gains of 2024, gains that made up for the prior week, which … Read more
It was a solid quarter for the companies in our stock portfolio, with the bulk of our names reporting what we felt were good-to-great earnings reports. Continued economic growth on the back of a resilient consumer and increasing business confidence ahead of what most expect to be a lower interest rate environment helped drive the … Read more
The artificial intelligence trade is not just for traditional tech companies. We have three industrial stocks in the portfolio that will keep getting more and more business as AI proliferates and data centers are built and rebuilt to handle the increasing computing workloads. Beyond AI, there are other fundamental reasons to buy them as well. … Read more
It was another volatile week for stocks, but Wall Street ultimately finished lower again. The market experienced a sharp sell-off Monday on recession concerns, which led the S & P 500 and Dow Jones Industrial Average to its worst single-day performances since 2022. The VIX index — Wall Street’s fear gauge and a measure of … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Bottom challenges: The recent sell-off in U.S. stocks accelerated Monday and there’s no telling when we’ll hit the bottom. A key reason, according to Jim Cramer: … Read more
We are buying 70 shares of DuPont at roughly $78.14 and 85 shares of Wells Fargo at roughly $52.12. Following the trades, Jim Cramer’s Charitable Trust will own 1,385 shares of DD, increasing its weighting to 3.5% from 3.3%, and 2,365 shares of WFC, increasing its weighting to 4.00% from 3.85%. We’re nibbling on stocks … Read more
We’re making six trades Monday morning, as the recent market volatility driven by fears of a U.S. recession intensifies. Shortly after the opening bell, we are exiting our position in Ford , selling all of our 5,550 shares at roughly $9.48. We are also exiting our position in Wynn Resorts by selling our 600 shares … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Forceful sell-off: Wall Street was getting slammed in Friday afternoon trading, with the Dow Jones Industrial Average down more than 750 points, or 1.9%. The S … Read more
Eaton on Thursday morning delivered quarterly beats on its top and bottom lines. Segment profit margin and organic sales growth topped estimates. Management also raised its outlook for the year. Despite that show of strength, shares of the industrial Club name were trading lower. Revenue in the second quarter increased over 8% year over year … Read more
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Stocks moved higher Wednesday as Wall Street awaits the highly anticipated interest rate decision from the Federal Reserve at 2 p.m. ET. Policymakers are widely expected to hold rates steady … Read more
