Cramer’s lightning round: Capri Holdings is a buy

Cramer’s lightning round: Capri Holdings is a buy


Lithium Americas Corp: “These companies are making way too much money. … You have to sell that stock, because it won’t stay like that.”

Informatica Inc: “It’s now come down so much that I think it’s actually a buy. … But it should not have come public again until things were better.”

Capri Holdings Ltd: “I’m a buyer.”

TechnipFMC PLC: “That’s a gutsy one if you think oil’s going to go back over to $100.”

EnLink Midstream LLC: “I’m going to see you on that one and I’m going to raise you Enbridge.”

Applied Materials Inc: “I think this stock’s a buy. It is hated, but it is a great company.”

Canopy Growth Corp: “Until a federal law passes [legalizing cannabis], you can not own this stock.”



Source

Forgotten no more: Generation X is driving beauty sales
Business

Forgotten no more: Generation X is driving beauty sales

Ryan Mckeever | E+ | Getty Images Move over, Sephora kids. While younger generations have been buying beauty products in droves, data shows that a different generation holds more spending power: Generation X. Often dubbed the “forgotten generation,” Gen X spans those born between 1965 and 1980, according to Pew Research Center. Sandwiched between baby […]

Read More
FDA fast-tracks psychedelic drug research following Trump executive order
Business

FDA fast-tracks psychedelic drug research following Trump executive order

FILE PHOTO: Psilocybin or “magic mushrooms” are seen in an undated photo provided by the U.S. Drug Enforcement Agency (DEA) in Washington, U.S. May 7, 2019. DEA | Reuters The U.S. Food and Drug Administration on Friday announced a series of measures aimed at accelerating the development of psychedelic treatments for serious mental illness. That […]

Read More
New York’s pied-a-terre tax sets up legal fight over values
Business

New York’s pied-a-terre tax sets up legal fight over values

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. New York’s proposed tax on second homes worth more than $5 million is likely to spark costly legal battles over how to value […]

Read More