Cramer’s lightning round: I’m sticking with Bausch Health

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 Joe. Joe’s a money maker.”

Diodes Inc: “Very inexpensive semiconductor company, and the semiconductor stocks are hated right now. I think you have to wait until one of the semis, the big guys, really does poorly, and then you can buy this.”

Warner Bros. Discovery: “I think you’re going to have to take pain [if you own the stock].”

Disclosure: Cramer’s Charitable Trust owns shares of Bausch Health.



Source

UAW warns of potential strikes at Ford, Stellantis a year after unprecedented work stoppages
Business

UAW warns of potential strikes at Ford, Stellantis a year after unprecedented work stoppages

UAW president Shawn Fain and members and workers at the Mopar Parts Center Line, a Stellantis Parts Distribution Center in Center Line, Michigan, picket outside the facility after walking off their jobs at noon on September 22, 2023. Matthew Hatcher | AFP | Getty Images DETROIT – A year after unprecedented strikes by the United […]

Read More
August home sales drop more than expected, as prices set a new record
Business

August home sales drop more than expected, as prices set a new record

Sales of previously owned homes fell 2.5% in August from July, to a seasonally adjusted annualized rate of 3.86 million units, according to the National Association of Realtors. That is slightly lower than what analysts expected. Sales were 4.2% lower than August 2023. It marks three straight months of sales below the 4 million mark, […]

Read More
JetBlue to open airport lounges in New York and Boston in battle for big spenders
Business

JetBlue to open airport lounges in New York and Boston in battle for big spenders

JetBlue planes at JFK’s Terminal 5 in New York. Leslie Josephs | CNBC JetBlue Airways will open its first airport lounges in its more than two decades of flying, a major shift for the low-cost airline as it chases high-spending travelers. The lounges will open at the carrier’s hubs in New York late next year […]

Read More