Cramer’s lightning round: Eversource Energy doesn’t have a big enough dividend yield

Cramer’s lightning round: Eversource Energy doesn’t have a big enough dividend yield


Eversource Energy: “It doesn’t yield enough for me. I spoke with the people of Duke [Energy] last week. I think that’s actually a better situation.”

Beyond Air Inc.: “I think that is the ultimate speculative stock, in which you’ve got to prepare to lose $8. It’s an $8. I don’t like that.”

Nutrien: “No. It’s not [a buy]. It’s a fertilizer stock at [roughly] 4 times earnings, and those earnings are going to collapse.”

Sign up now for the CNBC Investing Club to follow Jim Cramer’s every move in the market.



Source

Flutter tops second-quarter earnings expectations, raises full-year guidance
Business

Flutter tops second-quarter earnings expectations, raises full-year guidance

Online sports betting giant Flutter reported second-quarter earnings that beat Wall Street expectations Thursday. The company reported adjusted earnings of $2.95 per share versus an estimated $2.08, according to a survey of analysts by LSEG. Revenue came in slightly higher than expectations at $4.19 billion against consensus expectations of $4.13 billion. Flutter owns the dominant […]

Read More
Peloton posts surprise profit, announces yet another round of layoffs impacting 6% of staff
Business

Peloton posts surprise profit, announces yet another round of layoffs impacting 6% of staff

Clothing inside a Peloton store in Palo Alto, California, US, on Monday, Aug. 5, 2024. David Paul Morris | Bloomberg | Getty Images Peloton posted a surprise profit for its fiscal fourth quarter on Thursday and outlined its strategy to return to growth under new CEO Peter Stern. Shares gained 6% in early trading. The connected […]

Read More
Craveworthy Brands becomes managing partner of Gregorys Coffee
Business

Craveworthy Brands becomes managing partner of Gregorys Coffee

Gregorys Coffee was founded in 2006 and has more than 50 locations. Source: Gregorys Coffee Craveworthy Brands is now investor and managing partner of Gregorys Coffee, a New York City-based coffee chain with dreams of a nationwide footprint. The two companies announced the deal on Thursday. Financial terms were not disclosed. Craveworthy Brands, a fast-growing […]

Read More