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Jim Cramer
Page 3 of Jim Cramer news, latest stories & analysis
Cramer dubs ‘pain’ justified as Dollar General stock tanks on weak guidance
Dollar General Corp (NYSE: DG) tanked 20% on Thursday after reporting disappointing results for its first financial quarter. Cramer reacts to Dollar General results The chain of variety stores is taking a hit also because the management trimmed guidance for the future. Dollar General now forecasts its EPS to remain…
June 1, 2023
Cramer reacts to activist investor pushing for changes at Twilio
Twilio Inc (NYSE: TWLO) is up nearly 10% this morning following a report that an activist investor is pushing for changes at the cloud company. Here’s what Legion Partners want On Wednesday, “The Information” cited anonymous sources and said Legion Partners has met with Twilio at least six times in…
May 31, 2023
Jim Cramer is bullish on Broadcom stock ahead of its Q2 earnings
Famed investor Jim Cramer remains bullish on Broadcom Inc (NASDAQ: AVGO) even though the stock is already up about 45% for the year. Broadcom will report its Q2 results this week Broadcom is scheduled to report its financial results for the second quarter on June 1st. Consensus is for it…
May 30, 2023
Jim Cramer on Dollar Tree earnings: ‘estimates were horrendous’
Shares of Dollar Tree Inc (NASDAQ: DLTR) are down 15% on Thursday after the discount retailer said it missed earnings estimates in its fiscal first quarter. Dollar Tree stock down on slashed guidance The stock is taking a hit also because the management cited “elevated shrink” and trimmed profit guidance…
May 25, 2023
Eli Lilly stock price forecast ahead of obesity drug approval
Eli Lilly & Co (NYSE: LLY) has rallied over the past three months but a Bank of America analyst says it’s not out of room to run just yet. Lilly stock should be worth $500 Geoff Meacham raised his price objective on the pharmaceutical behemoth in a research note this…
May 24, 2023
Jim Cramer is bullish on Logitech stock: should you?
Logitech (NASDAQ: LOGI) stock price is loitering close to the highest level this year as investors reflect on the recent results. The shares were trading at $64.77, a few points below the year-to-date high of $68.30. They have jumped by more than 55% from the lowest level this year.Jim Cramer…
May 24, 2023
China bans Micron chips: Cramer says it’s ‘just the beginning’
Micron Technology Inc (NASDAQ: MU) lost about 3.0% on Monday after China told its companies engaged with critical information systems to no longer buy chips from the Boise-headquartered firm.Micron to take a $3.0 billion hitIts Cyberspace Administration cited a significant security threat as it announced the ban.Today’s development marks the…
May 22, 2023
Apple stock gets a rare downgrade: explore why
Shares of Apple Inc (NASDAQ: AAPL) are trading slightly down on Monday after the tech behemoth received a rare downgrade from a Loop Capital Markets analyst. Apple stock now lacks a meaningful upside Ananda Baruah lowered his rating on the iPhone maker today to “hold”. His price target remained unchanged…
May 22, 2023
Jim Cramer on Apple stock: ‘AAPL can easily blow to $200’
Shares of Apple Inc (NASDAQ: AAPL) are already up nearly 40% for the year but Jim Cramer continues to be bullish on the multinational tech giant. Why is Cramer bullish on Apple stock? Earlier this month, the Nasdaq-listed firm reported market-beating results for its second financial quarter (find out more).
May 12, 2023
Goodyear stock opened 25% up today: explore why
Goodyear Tire & Rubber Co (NASDAQ: GT) opened about 25% up this morning after Elliott Management revealed a sizable stake in the tire manufacturing company. Here’s what Elliott wants Goodyear to do On Thursday, the activist investor said it had a 10% economic interest in Goodyear and pushed for a…
May 11, 2023
Cramer is ‘incredibly bullish’ on Shopify stock price after Q1 earnings
Shares of Shopify Inc (NYSE: SHOP) are up 25% on Thursday after the eCommerce company reported a surprise profit for its first financial quarter.Shopify stock up on the sale of logistics unitThe tech stock is being rewarded today also because the multinational revealed plans of selling its logistics business to…
May 4, 2023
Cramer dubs Lilly’s Alzheimer’s drug a ‘holy grail’ after today’s data
Eli Lilly and Co (NYSE: LLY) is in focus this morning after the pharmaceutical behemoth said its “donanemab” significantly slowed progression of Alzheimer’s disease in a clinical trial.How effective is Lilly’s drug for Alzheimer’sThe study that spanned over eighteen months confirmed that a monthly dose of the said antibody infusion…
May 3, 2023
U.K. blocks Microsoft-Activision deal: Cramer says ‘they don’t need it’
Activision Blizzard Inc (NASDAQ: ATVI) is down about 10% today after the U.K. Competition and Markets Authority said it will not let Microsoft Corp (NASDAQ: MSFT) acquire this gaming giant. Cramer reacts to the CMA decision On Wednesday, the regulator concluded that the Microsoft-Activision merger will be a threat to…
April 26, 2023
Getty Images shares opened 55% up on Monday: here’s why
Shares of Getty Images Holdings Inc (NYSE: GETY) opened about 55% up on Monday after Trillium Capital said it wanted to buy the visual media company. Details of the proposed buyout offer Trillium is willing to pay $10 a share for the Seattle-headquartered firm – a near 100% premium on…
April 24, 2023
Emerson stock should be worth $105, analyst says
Emerson Electric Co (NYSE: EMR) down more than 10% for the year is an opportunity to buy a quality name at a deep discount, says Joseph O’Dea – a Wells Fargo analyst. Emerson stock could climb 23% from here On Thursday, O’Dea upgraded the engineering services company to “overweight” and…
April 20, 2023
Jim Cramer: buy Abbott stock after its Q1 earnings report
Abbott Laboratories (NYSE: ABT) is up 8.0% this morning after reporting strong results for its fiscal Q1 despite a significant slowdown in sales of COVID-19 tests.Jim Cramer’s view on Abbott stockThe health care company continues to see $4.30 a share to $4.50 a share of earnings this year on at…
April 19, 2023
Jim Cramer on Chipotle stock: ‘I like it to go to $2,000’
Shares of Chipotle Mexican Grill Inc (NYSE: CMG) are already up more than 25% for the year but famed investor Jim Cramer is convinced that they’re not out of room to run just yet.Cramer’s bull case for the Chipotle stockCramer expects this chain of fast casual restaurants to see continued…
April 17, 2023
Apple Inc just launched a high-yield savings account
Apple Inc (NASDAQ: AAPL) is in focus this morning after the tech behemoth launched its much-awaited high yield savings account. Details of Apple’s savings account On Monday, the multinational said its savings account that pays an annual percentage yield of 4.15% is now available to Apple Card users. In comparison,…
April 17, 2023
Jim Cramer is ‘very excited’ about Apple stock: here’s why
Apple Inc (NASDAQ: AAPL) is up 3.0% today following a Bloomberg report that its investments in India have already started to pay off.Jim Cramer reacts to the reportThe tech behemoth now makes about 7.0% of its iPhones in “Bharat” versus only 1.0% in 2021. Last year,…
April 13, 2023
JOLTS report: Cramer no longer expects Fed to raise rates any further
S&P 500 is trading down even though the monthly jobs data today suggested the labour market was starting to ease. Jim Cramer explains what it means for the Fed Available positions, as per the Job Openings and Labour Turnover Survey, declined a whopping 632,000 to 9.93 million in February. That…
April 4, 2023
Cramer shares what stocks to own following today’s GDP report
Nasdaq Composite is building on its recent gains this morning even though the Bureau of Economic Analysis revised its reading for economic growth in the final quarter of 2022.Cramer remains bullish on tech stocksOn Thursday, the Commerce Department said the U.S. economy grew at an annualised pace of 2.6% in…
March 30, 2023
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