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Jim Cramer
Page 2 of Jim Cramer news, latest stories & analysis
Jim Cramer on UnitedHealth Q3 earnings: ‘UNH is back’
UnitedHealth Group Inc (NYSE: UNH) popped 2.0% on Friday after reporting better-than-expected financial results for its third quarter. UnitedHealth raises full-year outlook The stock is being rewarded also because UNH slightly raised its guidance for the full year. UnitedHealth is now calling for its per-share earnings on an adjusted basis…
October 13, 2023
Cramer recommends buying Walgreens stock despite recent walkout
Walgreens Boots Alliance Inc (NASDAQ: WBA) has lost a whopping 40% this year but famed investor Jim Cramer is convinced that the stock will start to recover from here on. Walgreens pharmacists recently walked off the job Earlier this week, the second-largest U.S. pharmacy chain saw pharmacists at over 200…
October 11, 2023
McCormick reports in line results: Cramer sees ‘some value’ in its stock
McCormick & Co Inc (NYSE: MKC) is trending down at writing after reporting financial results for its fiscal third quarter that came in roughly in line with the Street estimates. Jim Cramer reacts to raised guidance The food company that’s behind notable brands like French’s or Frank’s RedHot said its…
October 3, 2023
Cramer says sell-off in Workday stock today may be an ‘overreaction’
Workday Inc (NASDAQ: WDAY) says annual growth in its subscription revenue will likely be a bit shy of its previous forecast. Its shares lost 10% on the announcement this morning. Workday is accounting for macro uncertainty The human resources technology company cited “uncertain economic environment” today as it guided…
September 28, 2023
Rivian stock price forecast: Baird analyst sees a 35% upside
Rivian Automotive Inc (NASDAQ: RIVN) is currently down 20% versus its year-to-date high but a Baird analyst is convinced that a full recovery is coming soon. Rivian to report quarterly deliveries next week Ben Kallo expects the electric vehicles company to come in ahead of Street estimates as it reports…
September 26, 2023
Cramer: Google wants to replace Broadcom as AI chips supplier is a ‘patently false’ story
Alphabet Inc’s Google (NASDAQ: GOOGL) is reportedly considering replacing Broadcom Inc (NASDAQ: AVGO) as its supplier of AI chips by 2027. Why would Google want to replace Broadcom? An anonymous source told “The Information” today that Google may switch to its own in-house chips following a deadlock with Broadcom over…
September 21, 2023
Jim Cramer disagrees with TD Cowen’s call on Starbucks stock
Starbucks Corp (NASDAQ: SBUX) has been a big disappointment for its shareholders in recent months but Jim Cramer is convinced that the worst is now in the rearview mirror. Why is Cramer bullish on Starbucks stock? Interestingly, Andrew Charles – a TD Cowen analyst downgraded the coffee chain this morning…
September 19, 2023
UBS sees 20% upside in Ford stock despite looming UAW strikes
Ford Motor Co (NYSE: F) has been a disappointment for its shareholders over the past two months but a new UBS analyst is convinced the story moving forward will be a different one. Ford stock could climb back to $15 On Wednesday, Joseph Spak assumed coverage of the legacy automaker…
September 13, 2023
Chipotle stock could surpass $2,000 ‘in a heartbeat’: Jim Cramer
Chipotle Mexican Grill Inc (NYSE: CMG) shareholders have been a happy lot this year but Jim Cramer is convinced that they’ll be happier still moving forward. Cramer remains bullish on the Chipotle stockThe chain of fast casual restaurants came in a bit shy of Street estimates for sales in the…
September 5, 2023
Jim Cramer adds to Broadcom stock on post-earnings pullback
Broadcom Inc (NASDAQ: AVGO) came in ahead of Street estimates in its third financial quarter. Its shares are still down more than 6.0% on Friday. Cramer remains bullish on Broadcom stock The stock is taking a hit primarily because the guidance was only in line with expectations. But Jim Cramer…
September 1, 2023
Cramer says he has ‘not seen a disappointment’ like Analog Devices Q3 report
Analog Devices Inc (NASDAQ: ADI) came in shy of Street estimates in its third financial quarter. Its shares are slightly in the red at writing.Analog Devices sees continued turbulenceThe stock is down today also because Analog Devices warned of continued “turbulence” in the near-term. It now forecasts $2.70 billion in…
August 23, 2023
Cramer dubs Regeneron stock a ‘favourite’ after two new FDA approvals
Regeneron Pharmaceuticals Inc (NASDAQ: REGN) secured FDA approval for Eylea HD – a higher-dose of its treatment for Macular Degeneration on Monday. Jim Cramer is bullish on Regeneron stock Shares of the biotech giant responded with an over 3.0% gain this morning. Regeneron stock is now worth $145 more versus…
August 21, 2023
Should you invest in Chancer after Cramer’s bullish view on DraftKings?
DraftKings Inc (NASDAQ: DKNG) posted a surprise profit for its fiscal second quarter last week as U.S. states continued to legalise online betting. Its shares still lost more than 15% in recent days. Cramer shares his view on DraftKings But Jim Cramer does not agree with the sell-off. He’s convinced…
August 10, 2023
J&J raises full-year outlook: ‘we’re in a very strong position’
Johnson & Johnson (NYSE: JNJ) opened 5.0% up on Thursday after reporting market-beating results for its fiscal second quarter. J&J stock up on strong outlook Investors are cheering the raised guidance as well. J&J now forecasts its adjusted per-share earnings to come in between $10.70 and $10.80 this year. The…
July 20, 2023
Johnson & Johnson files lawsuit against Biden administration
Johnson & Johnson (NYSE: JNJ) is in focus today after the pharmaceutical behemoth filed a lawsuit against the Biden Administration in a federal district court. Here’s why J&J sued the Government In its complaint, the multinational argued that letting Medicare have the power to cut drug prices – as the…
July 18, 2023
Domino’s to list menus on Uber Eats: ‘worth every penny to its stock’
Domino’s Pizza Inc (NYSE: DPZ) printed a year-to-date high this morning after partnering with Uber Eats.Jim Cramer reacts to the announcementOn Wednesday, the pizza chain said it will start listing its menus on Uber Eats this fall. Initially, customers in select markets only will be able to order Domino’s via…
July 12, 2023
Nvidia stock price forecast: Goldman Sachs sees potential for another 20% rally
Nvidia Corp (NASDAQ: NVDA) has nearly tripled this year already but a Goldman Sachs analyst still sees further upside ahead in this semiconductor behemoth. Nvidia stock has upside to $495 On Monday, Toshiya Hari maintained his “buy” rating on the chipmaker and raised his price target to $495 that signals…
July 10, 2023
Michael Wolf doesn’t ‘see users going from Twitter to Threads’
Meta Platforms Inc (NASDAQ: META) opened in the green this morning after launching “Threads” – a new app that it hopes will rival Twitter (read more). Is Threads really the Twitter killer? The multinational wants to offer an alternative to Twitter users that are not entirely happy with it under…
July 6, 2023
Cramer is bullish on Lennar stock: ‘mortgages are still very cheap’
Famed investor Jim Cramer is bullish on Lennar Corp (NYSE: LEN) even though the Fed officials see more rate hikes ahead. Cramer’s bull case for Lennar stock Last week, the Census Bureau said new homes sales increased 12.2% in May to 763K. In comparison, economists had forecast 675K only. Still,…
July 5, 2023
Dominion Energy lowers Q2 guidance: ‘it’s a little too risky for me’
Shares of Dominion Energy Inc (NYSE: D) are keeping resilient even after the power and energy company lowered its future guidance on Friday.Dominion Energy’s updated Q2 guidanceThe Richmond-headquartered firm now expects to earn between 44 cents a share to 50 cents a share in its second financial quarter. In its…
June 30, 2023
Cramer says ‘do not sell’ CarMax stock after its Q1 earnings
CarMax Inc (NYSE: KMX) is up 10% on Friday after reporting strong results for its first financial quarter as demand for used cars started to show signs of recovery.CarMax Q1 financial highlightsEarned $158.6 million versus the year ago $252.3 million Per-share earnings also declined from $1.56 to $1.44 Adjusted EPS…
June 23, 2023
JPMorgan and Jim Cramer are bullish on Carnival stock
Carnival Corp (NYSE: CCL) jumped nearly 15% on Monday after a JPMorgan analyst turned bullish on the cruise operator. Carnival stock has upside to $16 Matthew Boss now rates the Miami-headquartered firm at “overweight” and sees upside in it to $16 – about a 23% upside on its previous close.
June 12, 2023
VIDEO: The creator of the long and short Jim Cramer ETFs
Love him or hate him, Jim Cramer is among the most recognisable finance personalities on TV. The former hedge fund manager has been hosting CNBC’s Mad Money with Jim Cramer since 2005. On the unforgiving world that is the Internet, some of Cramer’s poor recommendations have morphed into memes and other…
June 7, 2023
Cramer: Palo Alto Networks joining S&P 500 is ‘not a reason to own it’
Shares of Palo Alto Networks Inc (NASDAQ: PANW) are up 5.0% this morning on news that the cybersecurity giant will join the S&P 500 index later this month. Dish Networks will come out of S&P 500 On Monday, S&P confirmed in a press release that the multinational will replace Dish…
June 5, 2023
Jim Cramer on Five Below Q1 earnings: ‘it’s really well-run’
Shares of Five Below Inc (NASDAQ: FIVE) ended nearly 10% up on Friday even though the discount retailer said its sales came in slightly below expectations in the first quarter. Five Below stock up on strong guidance The retail stock was rewarded primarily because the management raised its guidance for…
June 3, 2023
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