Tag Archives: Personal investing

Cramer’s week ahead: Don’t underestimate the market’s small gains

Matteo Colombo | DigitalVision | Getty Images After stocks muscled their way slightly higher on Friday, CNBC’s Jim Cramer advised investors not to underestimate a market that’s putting up small gains. The S&P 500 crawled 0.19% higher to 4,247.44, a record close. “Some would say it’s the calm before the storm … I learned a […]

Jim Cramer: Be patient with bitcoin, approach the S&P with caution

CNBC’s Jim Cramer is advising that investors who are searching for entry and exit points keep a close eye on both stock and cryptocurrency trades in the coming weeks. The “Mad Money” host on Friday reviewed chart analysis from Tom DeMark, the founder and head of DeMark Analytics. “The charts, as interpreted by Tom DeMark, […]

Chewy CEO says dog, cat adoption rates have remained high as the economy reopens

As homebound Americans waited out the coronavirus pandemic last year, people increasingly turned to animal shelters and adopted dogs and cats as lockdown companions. Though lockdowns have eased and the country has reopened, adoption rates have largely kept shape, according to Sumit Singh, CEO of Chewy. “Overall adoptions, we believe, [are] up still year over […]

Jim Cramer reacts to red-hot inflation number: ‘The market took it in stride’

Inflation grew at the fastest rate in more than a decade last month, but CNBC’s Jim Cramer called it the worst kept secret on Wall Street and said the stock market took it in stride. The consumer price index, which measures the cost of a basket of goods like food and energy, increased 5% year-over-year […]

Ex-commodities chairman Timothy Massad calls for more regulation of tether, stablecoins

A former Commodity Futures Trading Commission chairman is calling for more regulation of stablecoins, or cryptocurrencies created to be pegged to other assets like fiat money. Timothy Massad, who led the commission during much of the Obama administration’s second term, told CNBC’s Jim Cramer that investors would benefit from more transparency in the wake of […]

Cramer says he’s ‘not against’ GameStop, AMC at current trading levels

CNBC’s Jim Cramer said Wednesday that shares of GameStop and AMC Entertainment are within buying range, but cautioned investors who got in on the stocks lower to protect profits from a big run. “I’m not against [buying] GameStop or AMC at these levels. GameStop’s currently below where I told you to ring the register in […]

Crowdstrike CEO on the evolution of ransomware: ‘It’s become big game hunting’

Crowdstrike CEO George Kurtz said Wednesday the cybersecurity firm has had to combat tougher challenges as adversarial hackers advance from simple online phishing scams to sophisticated ransomware attacks on large enterprises. “Now the adversaries are taking a page out of nation-state actors,” he told CNBC’s Jim Cramer. “It’s become big game hunting as opposed to […]

Biohaven CEO says drug approval is ‘monumental’ for migraine patients

Biohaven CEO Vlad Coric told CNBC Tuesday a recent approval of the company’s migraine drug will “change the paradigm” of migraine prevention and treatment. The U.S. Food and Drug Administration last week approved the medicine, Nurtec ODT, for preventative treatment of migraines. That comes about a year after Nurtec was first launched to treat the […]

Thor Industries racks up $14 billion order backlog amid sustained RV demand

Even as Covid restrictions lift, RV-maker Thor Industries is seeing sustained demand for outdoor living — and a growing order backlog, CEO Bob Martin told CNBC Tuesday. Thor’s backlog was worth $14.32 billion as of late April, the company said in its fiscal third-quarter report out Tuesday. That’s up 32.5% from $10.81 billion at the […]

Wall Street Bets targets Wendy’s with new stock buying strategy, Jim Cramer says

CNBC’s Jim Cramer on Tuesday said the Wall Street Bets investing crowd is flexing its muscle on analysts after the online investing group sparked an unsuspecting rally in Wendy’s shares. The stock surged to a record after catching an endorsement in the popular Reddit forum responsible for big moves in GameStop and AMC Entertainment this […]

‘Nothing changed overnight’ to make Wendy’s a better bet, trader says as stock sees Reddit interest

Retail traders are taking a fresh look at Wendy’s. Shares of the fast-food chain surged about 26% to records on Tuesday after a post in Reddit’s popular WallStreetBets forum pitched Wendy’s as “the perfect stock” for the group on account of its signature products and “effective” social media presence. It’s the latest so-called meme stock […]

Jim Cramer says Yellen’s interest rate comments ‘spooked the market’

CNBC’s Jim Cramer blamed Monday’s stock market decline on messaging from the head of the U.S. Treasury. On Sunday, Secretary Janet Yellen told Bloomberg News that raising the interest rate would be positive for the country, should the Biden administration’s big spending plans help trigger some inflation in an expanding economy. “The prospect of higher interest […]

T-Mobile CEO says company is poised to dominate 5G for the next decade

T-Mobile CEO Mike Sievert on Monday laid out his vision for the next decade, telling CNBC that he believes his company can be the leader in 5G for the next decade. “We’re making the rules for the 5G era because we’re way ahead — and I mean miles ahead — and those rules are going […]

Investing in AMC and other ‘meme’ stocks can feel like a game. How to make sure you don’t lose

Mario Tama | Getty Images AMC Entertainment‘s stock continued its wild ride Wednesday, with the price per share rising more than 100% and prompting a halt in its trading several times. AMC is one of several so-called meme stocks that have seen a surge in interest from individual investors this year, along with names like […]

Mondelez CEO calls $2 billion Chipita acquisition a win for both companies

Mondelez CEO Dirk Van de Put on Thursday called its latest acquisition a “win win” for both companies involved in the deal. The Oreo-maker announced Wednesday its acquisition of Chipita, a Greek company whose croissants and baked snacks helped it generate $580 million in sales last year. The purchase sets Mondelez back about $2 billion, […]