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Jim Cramer says buy this data center equipment firm despite its weak guidance
Vertiv Holdings : The data center equipment maker, whose shares have roughly quadrupled over the past year, issued guidance that didn’t live up to Wall Street’s lofty expectations. However, the stock is now trading well off its lows of the morning. “Data center still strong. Buy,” Jim Cramer said. Teladoc Health : Shares tumbled 24% […]
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Jim Cramer praises GE following U.S. regulatory approval to develop nuclear fuel
CNBC’s Jim Cramer called out General Electric as a winner in the industrial sector for the strides it’s making in nuclear power. GE’s Verona Nuclear Fuel business said Wednesday it received approval from the U.S. Nuclear Regulatory Commission to manufacture, ship, and analyze the performance of higher enrichment fuel. These “regulatory milestones” will help the […]
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Expedia shares plunge on weak air journey bookings and information the CEO is stepping down
Expedia shares sank 19% on Friday just after the firm noticed softness in air travel bookings and its CEO resigned. CNBC’s Jim Cramer said the magnitude of the stock drop may be an overreaction. Although providing an earnings-per-share defeat and in-line profits in the fourth quarter, bookings fell brief, “mostly driven by a reduction in […]
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Here are Jim Cramer’s rapid-fire takeaways on 6 stocks in the news Friday
Clorox – The consumer products giant saw a huge earnings beat. It’s also rebounding from last year’s cyberattack. “Things are back online, and there’s tremendous demand for their product,” Jim said Friday’s Morning Meeting rapid fire. Tesla – The EV leader issued a recall for 2.2 million cars over a warning light issue. Remember, our […]
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Cramer: Costco not carried out 'saturating the earth' as new China retailer lures significant crowds
Wholesale retailer Costco has a high-high quality issue on its palms, CNBC’s Jim Cramer mentioned Friday in reaction to the “purchasing frenzy” at its new China retail outlet. Bloomberg described that tens of countless numbers of people lined up outside the house of Costco’s most up-to-date store in the southern Chinese town of Shenzhen for […]
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UnitedHealth is back and lifting other health-care stocks with it, Jim Cramer says
Traders work at the post where UnitedHealth Group is traded on the floor of the New York Stock Exchange. Brendan McDermid | Reuters UnitedHealth Group‘s (UNH) quality quarterly results Friday are a good sign for the broader health-care landscape, CNBC’s Jim Cramer said. The managed-care giant earned an adjusted $6.56 per share on revenues of […]
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Jim Cramer praises Walgreens new CEO pick, says buy the stock ‘perhaps aggressively’
CNBC’s Jim Cramer on Wednesday praised the incoming CEO of Walgreens Boots Alliance, saying industry veteran Tim Wentworth is the right choice to lead the struggling pharmacy chain in its transition to offering more health-care services. “This guy is the real deal. I just salute him and think he can take you to a higher […]
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Cramer says Vertex has a drug that may address the ‘largest market opportunity in the world’
CNBC’s Jim Cramer on Monday suggested that investors keep an eye on Vertex Pharmaceuticals (VRTX), a biotechnology company developing a drug to treat acute pain that is not an opioid. “The biggest pharmacy issue [is] how do we get pain removed, or at least nullified, without opiates? They have a plan — Vertex,” Cramer said […]
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This biotech name is one of Jim Cramer’s favorite stocks and he thinks it can go even higher
Regeneron Pharmaceuticals (REGN) rose Monday after the Food and Drug Administration approved a higher-dose formulation of Eylea, the company’s macular degeneration treatment. If you like this story, sign up for Jim Cramer’s Top 10 Morning Thoughts on the Market email newsletter for free. CNBC’s Jim Cramer said on “Squawk on the Street” that Regeneron is […]
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