Jim Cramer
U.S. may lose silicon wafer factory if Congress can’t fund CHIPS Act, commerce secretary says
U.S. Commerce Secretary Gina Raimondo told CNBC’s Jim Cramer on Monday that she believes GlobalWafers will follow through on its plan to build a silicon wafer factory in Texas — but only if Congress passes funding for the CHIPS for America Act by the time the August recess begins. “This investment that they’re making is […]
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Investors could do ‘a lot worse’ than FedEx here, Jim Cramer says
CNBC’s Jim Cramer on Monday told investors that while the market has yet to overcome the challenges threatening to create a recession, FedEx stock might be able to weather the turbulence. “You might think FedEx would be a helpless victim of high gas prices, potential e-commerce plateau, a [Federal Reserve]-mandated slowdown. That would be wrong. […]
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Cramer’s lightning round: I like Belden over Encore Wire
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. Source
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Mixed inflation data might be necessary for a soft landing, Jim Cramer says
CNBC’s Jim Cramer on Monday told investors that while the market remains volatile as it receives contrasting signals about the state of inflation, the seesawing could give way to a soft landing. “The news is precarious. It could go either way. But maybe that’s what we need to see if we’re going to have a […]
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Stay away from this company poised to go public next week, Jim Cramer warns
CNBC’s Jim Cramer on Friday told investors to stay away from Ivanhoe Electric, a mining technology company that is expected to sell its shares in an initial public offering next week. “Even if … Ivanhoe Electric gets out the door next week, I think you should avoid it. This is not the time to bet […]
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Cramer’s lightning round: Move on from DigitalBridge
Nucor Corp: “Steel prices are coming down. … I’d rather buy energy right now than I would Nucor.” NIO Inc: Cramer pressed a button that seemingly played the sound of a car collision. “And that’s what I have to say about NIO.” Disclosure: Cramer’s Charitable Trust owns shares of Pioneer. Source
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Cramer’s week ahead: Next week will be a bellwether for the upcoming earnings season
CNBC’s Jim Cramer on Friday said that next week will be a crucial moment for determining what the upcoming earnings season will look like. “It’s been ages since we’ve been on pre-announcement watch, where companies have to admit that things aren’t going well. Things like higher labor costs, supply chain woes and the Russia-Ukraine war. […]
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The market could reach an ‘investable’ bottom after analysts cut earnings estimates, Jim Cramer says
CNBC’s Jim Cramer on Thursday said that a possible upcoming slew of earnings estimate cuts from analysts could create a sell-off and an opportunity for investors to do some buying. “Over the next few weeks, before earnings season gets rolling, I expect the analysts to hit us with some preemptive estimate cuts while more companies […]
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Cramer’s lightning round: Nokia is ‘right to buy’
Nokia Corp: “I am hearing nothing but positives of late, for the last four weeks, about Nokia. … I think it’s right to buy.” Iron Mountain Inc: “I’ve been behind it because I like that dividend. … I think you’re okay in it.” Tattooed Chef Inc: “That’s a very hard call. Doesn’t make money, and […]
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Biden needs to work with big business to beat inflation and help the economy, Jim Cramer says
CNBC’s Jim Cramer on Thursday said President Joe Biden needs to team up with business leaders in order to bring inflation down and help the economy recover. “I’m always pointing out that the major problems come down to supply chain disruptions, a labor shortage, the war in Ukraine and the lockdowns in China. But I […]
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