Cramer’s lightning round: Marqeta is not a buy

Cramer’s lightning round: Marqeta is not a buy


Marqeta Inc: “Too many companies doing the same thing as they are, and they’re losing money. I have to say, [sell].”

ICON Plc : “I love the contract clinical business because you make so much money in it. I think it’s terrific.”

Medifast Inc: “Never been a fan. … I prefer Nestle, frankly. I think Nestle’s more of a healthcare company.”

Energy Transfer LP: “They are one of the most poorly run companies, but they’re in the greatest industry in the world, so how do you lose? You can’t.”



Source

Discount grocer Aldi plans to open more than 180 stores in U.S. this year as customers across incomes seek value
Business

Discount grocer Aldi plans to open more than 180 stores in U.S. this year as customers across incomes seek value

As Americans across incomes look to trim the grocery budget, Aldi plans to open more than 180 stores in the U.S. this year — including on the traditional turf of rival supermarkets and big-box stores. The German grocer’s latest growth plans follow an already aggressive expansion over the past decade. Aldi, which is known for […]

Read More
Abercrombie & Fitch shares plunge 17% as retailer cuts its holiday guidance
Business

Abercrombie & Fitch shares plunge 17% as retailer cuts its holiday guidance

Some retailers provided early holiday results on Monday that showed the crucial shopping season was solid, but didn’t blow away expectations.  Lululemon, which is preparing for a new CEO and staring down a proxy battle with its founder, said in a release it expects its holiday quarter to be “toward the high end” of its […]

Read More
JPMorgan’s looming question: What happens when CEO Jamie Dimon leaves?
Business

JPMorgan’s looming question: What happens when CEO Jamie Dimon leaves?

As Wall Street’s top bankers huddled in New York last month, preparing to convince Elon Musk’s SpaceX that they should be chosen to lead its upcoming IPO, one firm wasn’t letting its star advisor miss the bake-off. Among the squad of JPMorgan Chase investment bankers flying 2,500 miles west to California to pitch SpaceX was […]

Read More