Day: April 22, 2022
Jim Cramer: Buy Excelerate Energy now for a bargain
CNBC’s Jim Cramer on Friday advised investors to buy stock of Excelerate Energy while it’s a steal. “The stock’s a bit cheaper than Cheniere Energy, which is the king of LNG exports here in the U.S., at least when you judge them based on last year’s earnings before interest, taxes, depreciation and amortization. … Valuation […]
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Cramer’s lightning round: I’m sticking with Bausch Health
Tredegar Corp: “I remember when they became public. I was involved in the deal. I thought it was terrific then, I think it’s terrific now.” Bausch Health Companies Inc: “Joe Papa’s going to split into three companies, and I happen to like all three companies. I think it’s going to work. … I’m sticking with […]
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Buy ’gift horse’ Danaher while it’s down but leave room for other stocks, Cramer says
CNBC’s Jim Cramer on Friday advised investors to buy shares of medical diagnostics and health technology company Danaher while it’s down, warning that it won’t stay that way for long. “Danaher’s a great American company with a stock that was trading at $280 before it reported that fantastic quarter yesterday morning. Even though the quarter was […]
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Cramer’s week ahead: Tech giants report earnings, be ready to act on market bounces
CNBC’s Jim Cramer urged investors to take advantage of down days like Friday to prepare portfolios for the Federal Reserve’s upcoming interest rate hikes — but only if they have the means to do so. “After today’s disaster, we’re actually probably good for another beat-down or two before we settle into what I think will […]
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Jack Dorsey’s new title: Block Head
Jack Dorsey, CEO, Twitter testifies at Congressional hearing, March 25, 2021. CNBC Jack Dorsey is no longer the CEO of Block. He no longer has the title, at least. In a filing with the SEC on Friday, the company formerly known as Square said Dorsey has changed his title to Block Head. Block updated its […]
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Netflix and Facebook have given up most of the last few years’ gains since tech’s November peak
Zoom In IconArrows pointing outwards Meta and Netflix five-year performance CNBC Two members of the FAANG group have been defanged. In the five months since the Nasdaq’s peak late last year, Netflix and Facebook (now Meta) have gotten crushed, giving up most of the gains they’d accumulated over the prior half-decade. Netflix is down nearly […]
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Covid was the third leading cause of death in the U.S. last year, with only heart disease and cancer killing more
Covid-19 was the third leading cause of death in the U.S. last year, with only heart disease and cancer killing more people, according to data released Friday by the Centers for Disease Control and Prevention. Covid killed more than 415,000 people in 2021 and contributed to the deaths of 45,000 more people, about 20% more […]
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Ghost drones, helicopters and howitzers: Here’s a look at the weapons the U.S. is sending Ukraine
A Soldier conducts registration and calibration for the M777A2 howitzer weapon system in Syria, Sept. 30, 2021. U.S. Army Spc. Isaiah Scott | U.S. Army WASHINGTON — From heavy artillery to tactical drones to armored vehicles, the U.S. has provided $3.4 billion in weapons to Ukraine since Russia’s invasion two months ago. The latest military aid […]
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Fed’s Mester casts doubt on the need for ‘shock’ interest rate hikes ahead
Cleveland Federal Reserve President Loretta Mester said Friday she’s in favor of raising interest rates quickly to bring down inflation, but not so quickly as to disrupt the economic recovery. That means a strong likelihood of backing a 50 basis point rate hike at the next Fed meeting and perhaps a few more after, but […]
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Bed Bath & Beyond stock jumps on report company received bids for Buybuy Baby unit
A view of the atmosphere during the Whitney Port & Bundle Organics #MomAsYouAre buybuyBABY product launch on November 17, 2018 in Torrance, California. Randy Shropshire | Getty Images Bed Bath & Beyond’s shares have jumped on news that the company is considering offers to buy its BuyBuy Baby business. The news was reported by The […]
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