Day: March 30, 2022
Cramer’s lightning round: Go long on Hertz
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. Source
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Invest in Petco instead of Chewy, says Jim Cramer
CNBC’s Jim Cramer said Wednesday that investors should buy stock of Petco instead of Chewy after the latter reported a disappointing quarter on Tuesday. “If [Chewy] aren’t turning a profit yet after all these years, I find it impossible to recommend their stock in this environment. If you want to play the humanization of pets, […]
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Wall Street banks love these energy stocks — and two are on Goldman’s conviction buy list
Goldman Sachs and Bank of America have identified their top energy stocks to buy, two of which are on Goldman’s coveted conviction list. Source
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Amazon union drive in Alabama sees 39% voter turnout
Workers and supporters hold signs after filing a petition requesting an election to form a union outside the National Labor Relations Board (NLRB) regional office in the Brooklyn Borough of New York, on Monday, Oct. 25, 2021. Gabby Jones | Bloomberg | Getty Images More than 2,300 ballots were cast in a closely watched union […]
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Cramer warns of trading after hours, points to big recent moves in Micron, Lululemon and RH as examples
CNBC’s Jim Cramer reminded investors to always listen to a company’s conference call before trading on earnings and to avoid after-hours trades. “One mistake in after-hours trading will wipe you out much faster than a mistake during regular hours when everyone has the same information. There are more bids and offers, and the playing field […]
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Jim Cramer says to own secular stocks, approach cyclical names with skepticism
CNBC’s Jim Cramer on Wednesday advised investors to own secular growth stocks rather than cyclical stocks and to be vigilant in spotting the difference. “The market is still eager for what is known as secular growth,” which doesn’t rely on economic cycles and likely wouldn’t be hurt by the Federal Reserve raising interest rates, the […]
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Vladimir Putin feels his military leaders misled him about Ukraine, declassified intelligence shows
WASHINGTON — Newly declassified U.S. intelligence indicates that Russian President Vladimir Putin feels he was misled by military leaders who did not tell him key details about the botched invasion of Ukraine because they feared angering him, top Biden administration officials said Wednesday. “We believe that Putin is being misinformed by his advisers about how […]
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Dow futures are little changed ahead of last day of March
Stock futures were slightly higher in overnight trading Wednesday ahead of the last trading day of the month and quarter. Futures on the Dow Jones Industrial Average was near flat. S&P 500 futures ticked up 0.1% and Nasdaq 100 futures added 0.3%. Stocks are coming off a down session Wednesday in which the Dow and […]
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Will Smith refused to leave Oscars, faces disciplinary action for slapping Chris Rock
Will Smith (R) hits Chris Rock as Rock spoke on stage during the 94th Academy Awards in Hollywood, Los Angeles, California, March 27, 2022. Brian Snyder | Reuters Will Smith was asked to leave the 94th annual Academy Awards ceremony Sunday after slapping presenter Chris Rock, but refused, according to a new statement from the […]
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U.S. sends 100 killer drones called Switchblades to Ukraine
WASHINGTON – The U.S. included 100 killer drones in a colossal weapons package for Ukraine that President Joe Biden approved earlier this month, U.S. officials confirmed Wednesday. Celeste Wallander, assistant secretary of Defense for international security affairs, told lawmakers that Kyiv asked for the weapons, which are dubbed “kamikaze drones,” as it fights off a […]
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