My top 10 things to watch Friday, Feb. 9 1. Stock futures were slightly higher this morning after the S & P 500 briefly crossed 5,000 for the first time in intraday trading Thursday. The broad U.S. stock index is up nearly 5% this year, after gaining more than 24% in 2023. Meanwhile, bitcoin crossed … Read more
CNBC’s Jim Cramer on Thursday told investors not to be wary of the Big Tech megacap stocks, saying their high valuation is well-earned. “Just because we haven’t seen the likes of them before doesn’t make them bogus,” he said. “They didn’t get their trillion-dollar valuations by fooling the most people. They got there because there … Read more
See Chart… MP Materials’ year-to-date stock performance. MP Materials: “I would hold onto it. I don’t have a catalyst to buy it right now, but it is very, very low.” See Chart… Howmet Aerospace’s year-to-date stock performance. See Chart… Toast’s year-to-date stock performance. Toast: “…We got to see them make money. If they made money, … Read more
See Chart… Visa’s year-to-date stock performance. Visa: “I don’t know…I think we ought to be thinking about buying Home Depot, and then secondarily Visa.” See Chart… Navitas’ year-to-date stock performance. Navitas: “[sell, sell sell!] It’s not making money. In this market, they’ve got to make money…Let’s just exist Navitas.” See Chart… Cytokinetics’ year-to-date stock performance. … Read more
CNBC’s Jim Cramer keyed in on the optionality of six of the companies that have become known as the “Magnificent Seven” during his Wednesday show. “The Magnificent Seven have the most optionality of any publicly traded companies in modern history,” Cramer said. “To sell any of them is to forget that they have this kind … Read more
It’s that time again! “Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. See Chart… Plug Power’s year-to-date stock performance. Plug Power: “I’m pulling the plug on Plug. They keep missing the quarters. No-go from me.” See Chart… Cleveland-Cliffs’ year-to-date stock … Read more
The Federal Reserve’s campaign to squash inflation is a long-term win for the U.S. economy, but investors in companies such as Walmart are paying the price now, CNBC’s Jim Cramer said Thursday. The U.S. retail behemoth, along with cybersecurity firm Palo Alto Networks and energy giant Chevron, all saw their stock prices decline meaningfully Thursday … Read more
CNBC’s Jim Cramer spoke with CNBC’s Sara Eisen about her upcoming documentary about Formula 1. CNBC’s Jim Cramer spoke with CNBC’s Sara Eisen about her upcoming documentary detailing the business of Formula 1 racing. The documentary will see Eisen exploring F1’s expansion strategy, especially changes to the business since it was purchase by Liberty Media … Read more
In an interview with CNBC’s Jim Cramer, Take-Two Interactive CEO Strauss Zelnick said generative AI could change gaming and bring in new consumers. Take-Two shares climbed 5% yesterday after the company announced that the release of a new Grand Theft Auto game was imminent. In a Thursday interview with CNBC’s Jim Cramer, Take-Two Interactive CEO … Read more
My top 10 things to watch Monday, Nov. 6 1. U.S. stocks tick up in premarket trading Monday, with S & P 500 futures up 0.16%, after equities rallied more than 5% last week. It’s the aftermath of the bulls’ victory — and here’s how the market can build on its best week of the … Read more