CNBC’s Jim Cramer on Thursday listed the CEOs he trusts even when the market doesn’t, primarily naming executives from top tech companies. “Look, it’s right to be skeptical when you’re investing. It’s right to be jaundiced,” he said. “But the bottom line? Not every executive deserves the same level of skepticism if not scorn. Some … 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. 1. The S & P 500 erased much of its earlier losses Wednesday as September continued to live up to its reputation as a volatile month. The in-line August consumer … Read more
Investors returned to Nvidia stock Wednesday after CEO Jensen Huang made a compelling case at a major tech gathering for the innovation he strives for and the competitive moat he’s built. “AI is not about a chip. AI is about an infrastructure,” the founder of the artificial intelligence chip powerhouse said at the Goldman Sachs … Read more
Until the Federal Reserve starts to cut interest rates, CNBC’s Jim Cramer on Tuesday advised investors to hold off on buying shares of Mondelez, a company behind a host snack and candy brands like Oreos, Chips Ahoy, Cadbury and Ritz crackers. “The stock’s run up dramatically, so if you want a piece of it, wait … Read more
Apple’s new AI features may not be the only factor driving iPhone upgrades. Deals offered by the major U.S. cell phone carriers play a hand in device sales, as well. AT & T, Verizon and T-Mobile have announced their respective offers for customers who want to trade in their current phones for the new iPhone … Read more
CNBC’s Jim Cramer reviewed Tuesday’s market action and asserted that tech stocks are easier to own for the long term while bank stocks suffer as the market broadens and experiences “economic choppiness.” “You simply can’t bank on the bank stocks right now, hence why the great broadening out is indeed fraught with risk,” he said. … 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 rebound: Stocks were rebounding to start the week, recovering some of Friday’s steep losses. It looked like some dip buying after last week’s brutal start … Read more
We’re selling 25 shares of Procter & Gamble at roughly $176 each. Following Monday’s trade, Jim Cramer’s Charitable Trist will own 325 shares of P & G, decreasing its weighting to 1.75% from 1.9%. Consumer goods powerhouse Procter & Gamble has been a solid performer lately, rallying to new all-time highs in a weak tape … Read more
Somewhere along the line we forgot how to value seven large companies. We knew they were better than almost all of the other companies out there. We knew that their managements were incredibly good and their prospects enormous. But looking back, we stopped caring at what price we bought these stocks and, instead, decided that … Read more
It was a rough start to the historically weak month of September on Wall Street. Economic growth concerns and investor trepidation ahead of Tuesday’s presidential debate and the Federal Reserve’s policy meeting later in the month sank the market. For the week: The S & P 500 gave back over 4% in its worst weekly … Read more
