Harmonic Inc: “Sells way too high on a price-to-earnings multiple for me to recommend when there’s so many cheaper stocks out there.”
Cloudflare Inc: “It is okay to buy. I know that’s a tough call, but I do believe it.”
Cramer’s lightning round: Harmonic is not a buy
Business
There’s an outperforming real estate sector hiding in plain sight
Industrial outdoor storage in Elgin, Illinois. Courtesy of Alterra IOS A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to […]
Read More
Business
Wealthy investors expected to drive $32 trillion alternatives boom
Shironosov | Istock | Getty Images A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox. Investments in alternatives are expected to top $32 trillion […]
Read More
Business
McDonald’s is about to report earnings. Here’s what to expect
The logo of McDonald’s is seen in Los Angeles, California. Lucy Nicholson | Reuters McDonald’s is expected to report its third-quarter earnings before the bell on Wednesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share: $3.33 expected Revenue: $7.1 billion expected The fast-food giant, often seen as […]
Read More