The economic worries that pummeled stocks in early August quieted further in recent days, enabling Wall Street to turn in its best week of the year. The tech-heavy Nasdaq Composite led the way, surging 5.3% on the week, followed by the S & P 500 , which advanced 3.9%, and the Dow Jones Industrial Average , … Read more
Here’s our Club Mailbag email [email protected] — 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. This week’s question: Hi Jim! I’ve been holding a … Read more
Palo Alto Networks stock has been on a tear into Monday’s fourth-quarter earnings report, entering Friday’s session up nearly 17% since Aug. 5 compared to a roughly 7% gain for the S & P 500 . Translation: Investor expectations of the cybersecurity leader are high. Is this the quarter the company gets back to beating … 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. Markets rally : Stocks are higher across the board Thursday, with the S & P 500 and Nasdaq 100 rallying and erasing their losses for August. … Read more
CNBC’s Jim Cramer reviewed Walmart‘s quarter, suggesting the big-box retailer’s strong results are due to its successful business strategy and aren’t necessarily indicative of a favorable consumer landscape. “Don’t make the mistake of assuming that Walmart’s results give you some kind of generic read on the consumer,” Cramer said. “You can’t just extrapolate from the … Read more
CNBC’s Jim Cramer on Wednesday examined Home Depot‘s earnings report, saying the retailer’s insights make him think interest rate cuts from the Federal Reserve could stop the housing market from making a hard landing. “Right now, housing’s waiting for the cavalry to come to the rescue, by which I mean it’s waiting for the Fed … Read more
Following cooler-than-expected producer price data Tuesday morning, the market’s 50/50 odds between a quarter-point Federal Reserve interest rate cut in September and a half-point cut tilted further toward the bigger move. That sparked a big rally in stocks, with the Nasdaq leading the way higher and jumping more than 2% in afternoon trading. Here are … Read more
CNBC’s Jim Cramer on Tuesday discussed Starbucks‘ management shake-up, saying the new leadership will be crucial to turn the business around after the ubiquitous coffee chain announced it would replace CEO Laxman Narasimhan with Brian Niccol, who is currently the CEO of Chipotle. “Brian Niccol is the key to a new Starbucks, one that can … 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. Market comeback: Stocks are having a strong day, boosted by the encouraging wholesale inflation data released earlier Tuesday. At roughly 5,420 on the S & P … Read more
CNBC’s Jim Cramer on Monday said a variety of companies, to their detriment, won’t admit they’re hurting due to certain ongoing economic trends. “If companies would just own up to their changing circumstances, things would be so much easier for everybody. But who wants to admit that they made mistakes?” he asked. “If they’d just … Read more
