Tag Archives: Jim Cramer

VMware has committed to achieving gender parity as part of its list of goals to reach this decade, COO Sanjay Poonen told CNBC’s Jim Cramer Monday. The cloud computing and virtualization software company has laid out 30 goals to meet by 2030, and addressing the makeup of the workforce is …

CNBC’s Jim Cramer on Monday identified a handful of SPAC plays that investors could buy as their stocks decline from a hot run closing out 2020. “The electric-vehicle SPAC plays got incredibly overheated late last year, so when you see them cooling off like they did today … it’s actually …

Wall Street on Monday labored through a tough day to open the new trading year, which prompted CNBC’s Jim Cramer to break down the top investing themes he’ll be watching in 2021. Investors should keep secular trends in mind because they are the best ways to approach a marketwide sell-off, …

The Container Store has named a replacement for outgoing CEO Melissa Reiff, who told CNBC’s Jim Cramer Tuesday that she is optimistic about the transition. Satish Malhotra, a veteran executive of personal care retailer Sephora, is set to begin leading the storage and organization products retailer, come February. “There’s never …

When the coronavirus pandemic limited face-to-face interactions earlier this year, companies, governments and other organizations adapted to the new normal by transitioning many activities online. The transition, a part of the digital transformation that has played out over the years, was a boon for companies like cloud messaging provider Twilio, …

CNBC’s Jim Cramer on Tuesday reacted to rumors that Apple could be laying day a path to get into the car business, saying Apple stock should be owned simply for its existing catalog of technology products. “An electric vehicle merely gives you one more reason to own Apple, not trade …

Thor Industries CEO Bob Martin on Monday told CNBC that the company is looking to develop new products and expand its business after purchasing Tiffin Motorhomes in a $300 million deal. The acquisition gives Thor, a recreational vehicle maker based in Indiana, a manufacturer of high-end motorhomes based in Alabama …

CNBC’s Jim Cramer on Monday broke down his long-trusted playbook to game the market on volatile days for stock trading. Equities on Wall Street spent the early part of the trading day in the red, coming under pressure as investors worried over new revelations about the coronavirus outbreak in the …

Robinhood CEO Vlad Tenev on Monday responded to claims that the stock trading company deceived customers about its money making tactics, which led it to a $65 million settlement with the Securities and Exchange Commission last week. In an appearance on CNBC’s “Mad Money,” Tenev said Robinhood, which is privately …

The pandemic took a backseat to Tesla on the stock market Friday as traders exchanged shares ahead of its upcoming debut on the market benchmark index, CNBC’s Jim Cramer said Friday. Trade in Tesla, the poster child of high-flying tech stocks in 2020, put pressure on the rest of the …

CNBC’s Jim Cramer on Friday gave his assessment on XL Fleet, the commercial and municipal fleet electrification supplier that’s expected to go public next week via blank-check merger. XL Fleet, founded in 2009 to tap into the emerging electric vehicle economy, is being targeted by a special purpose acquisition company …

Cloudflare CEO Matthew Prince on Friday commented on the cyberattack on the federal government that was revealed earlier this week. In an appearance on CNBC’s “Mad Money,” the chief executive of the cloud cybersecurity provider said it’s one reason his company is shifting towards what he called a “zero-trust architecture” …

At Home CEO Lee Bird on Thursday told CNBC’s Jim Cramer that business has grown exponentially during the pandemic and that the company has expansion plans on the horizon. While the home decor superstore invests in building out its digital presence, the company continues to see opportunity in physical stores, …

CNBC’s Jim Cramer, after reviewing quarterly reports from Accenture consulting and Lennar home construction on Thursday, said it’s difficult to be a bearish investor in the current market environment. Both company’s shares rose about 7% during the session after posting solid beats on the revenue and profit lines, but the …

MP Materials CEO James Litinsky appeared on CNBC Wednesday, addressing confusion about the rare earth products the company provides in the electric vehicle space. The mining company, which owns the Mountain Pass open-pit mine in southeastern California, supplies rare earth magnets to electric vehicle makers, but the magnets are not for …

CNBC’s Jim Cramer on Wednesday said the stock market is full of pessimism, creating an opportune moment for investors. “Fairly or unfairly, this is a great moment for the stock market,” the “Mad Money” host said. “The promised land is right there. We’ve still got to get through the worst …

Boeing CEO David Calhoun on CNBC Wednesday shot down speculation that the company could turn to a massive stock sale to knock off debt from its balance sheet. In a note Tuesday, Morgan Stanley said that the airplane manufacturer could raise between $20 billion and $30 billion, an assessment that …

Lululemon Athletica CEO Calvin McDonald in an appearance on CNBC Tuesday said he does not expect the company’s sales momentum to slow down with the arrival of Covid-19 vaccines “We don’t see any dramatic impact in the reduction of the momentum in the business … there are a lot of …

With the so-called “Santa Claus rally” in mid-swing, CNBC’s Jim Cramer on Tuesday said investors are making conflicting bets on stocks in contrast to December rallies in years past. The stock market tends to rally in December heading into the Christmas holiday, but the 2020 year-end increase is being powered …

Casino stocks are rallying as investors anticipate a rebound in travel and less rocky trade relations between the U.S. and China in the upcoming year, CNBC’s Jim Cramer said. The U.S. earlier Monday began inoculating citizens with a Covid-19 vaccine authorized by federal regulators for emergency use, which officials hope …

The stay-at-home trade has returned to Wall Street despite the U.S. launching its Covid-19 vaccination campaign, revealing some insight into how investors gauge the economic bounce back in the near term, CNBC’s Jim Cramer said Monday. “The recovery stocks are handing the baton back to the lockdown winners because lockdown …

With a Covid-19 vaccine use authorization from U.S. drug regulators imminent, CNBC’s Jim Cramer said Friday the time is ripe to take on some risk in the market. “If you want to speculate, this is the time to do it, just speculate wisely,” the “Mad Money” host said. “You’ve got …

CNBC’s Jim Cramer on Friday pitched Azek stock as a “top idea for 2021,” citing the state of the home reconstruction market and growing interest in alternative building materials. Azek a week ago posted a better-than-expected quarterly report and shares sold off anyway, declining nearly 4% over two days. Cramer …

In a classic lesson of buying low and selling high, CNBC’s Jim Cramer on Thursday recommended investors trim their holdings in a number of speculative stocks he recently said are worth owning. After some of the stock picks put up triple-digit gains in a short timeframe, he advises trading at …

Major stock averages have rallied double digits from early November, but CNBC’s Jim Cramer said this is not the time to bet against the stock market or some of the best-performing components on the market. “The backdrop is too positive to bet aggressively against anything here. If you own something …

Chevron has taken steps to lessen the oil and gas giant’s dependence on fossil fuels, laying a path to an energy system with a reduced carbon footprint, CEO Mike Wirth told CNBC’s Jim Cramer Wednesday. “We embrace a lower carbon future. We expect a lower carbon energy system,” Wirth said …

DoorDash’s red-hot market debut is a lesson in placing orders to buy stocks on the market, according to CNBC’s Jim Cramer. “It’s true that people using market orders took DoorDash to levels that maybe … were far higher than they thought they’d have paid,” the “Mad Money” host said after …

Stocks on Tuesday rebounded from a weak morning trade, powered by moves from younger traders, CNBC’s Jim Cramer said after the close. Before the S&P 500 managed to set new highs during the trading day, the broad index was down 0.35% at its lows. The index swung up 0.28% by …

Pet food supplier Chewy on Tuesday reported better-than-expected results in the company’s third fiscal quarter, in which it saw another surge in business amid the coronavirus pandemic. Chewy reported a 45% growth in revenue in the quarter ended Nov. 1, the third consecutive three-month period of a nearly 50% increase …

Airbnb has a chance to post substantial growth next year and the stock is worth buying when the company makes its long-awaited debut to the market Thursday, CNBC’s Jim Cramer said Tuesday. Investors can afford to be patient, however, as the vacation home rental company continues to face pandemic headwinds, …

As businesses adopted new digital capabilities to operate amid the coronavirus pandemic, ServiceNow reached a milestone among a key client base, CEO Bill McDermott said on CNBC Monday. In the third quarter, the cloud services provider signed its 1,000th customer contract valued above $1 million annually — that’s double the …

CNBC’s Jim Cramer on Monday gave his recommendation on the looming public debut of DoorDash. The San Francisco-based food delivery app received praise from Cramer, though he erred on the side of caution as to what price he thinks investors should be willing to pay for it when it begins …

CNBC’s Jim Cramer on Monday suggested that seasoned investors could take a cue and learn something from the stock market’s newcomers this year. “I think it’s time to stop disrespecting the younger investors who’ve nailed 2020 every step of the way and start taking them seriously,” the “Mad Money” host …

The stock market’s next move hinges on the state of coronavirus stimulus talks in Washington, CNBC’s Jim Cramer said Friday. “If the Democrats and Republicans in Congress can make a stimulus deal over the weekend, this market can indeed keep running,” the “Mad Money” host said. “Without some progress in …

CNBC’s Jim Cramer on Thursday endorsed CIIG Merger, the U.S. blank-check company set to take U.K. electric-vehicle maker Arrival public next year, as a speculative stock for investors to play. “As much as I like this story, I think you can be patient,” the “Mad Money” host said. “But given …

Salesforce’s blockbuster deal for the Slack messaging platform will give the software giant the visibility it needs to increase its valuation by threefold, CNBC’s Jim Cramer said Thursday. “If you follow the customer, you’ll understand why Salesforce.com, which built a gigantic business by helping clients harness the power of the …

CNBC’s Jim Cramer on Wednesday laid out a basket of stocks that are set to bounce back when the U.S. reopens again, though the timeline remains elusive. “Pent-up demand. Get used to hearing that term because it’s going to define the very next leg of this just impossible-to-believe bull market,” the …

CNBC’s Jim Cramer on Wednesday made a plea for Joe Biden to stay tough on China once the Democrat moves into the White House in the new year. “I hope the incoming Biden administration can look at Trump’s trade war objectively, because in many ways, really, it worked,” the “Mad …

The online shopping craze has delivered a windfall for the shipping industry, and global warehouse providers such as XPO Logistics are reaping benefits, CEO Brad Jacobs told CNBC’s Jim Cramer on Wednesday. “In our logistics business, we are squarely in the middle of this massive e-commerce boom,” he said in …

Zoom Video Communications shares sold off big on Tuesday after the company reported strong quarterly results, but it’s not yet time to give up on the stay-at-home plays, CNBC’s Jim Cramer said. “Despite what you heard this morning, vast swathes of our economy remain very strong, and that includes the …

CNBC’s Jim Cramer on Tuesday doubled down on his forecast that Big Tech stocks have more upside in store as the market steers toward the end of the year. Facebook, Amazon, Apple, Netflix and Google-parent Alphabet shares, some of Wall Street’s hottest trades of 2020, have lagged the broader market …

Salesforce CEO Marc Benioff, after announcing that the software giant is acquiring Slack Technologies, told CNBC Tuesday that the company is on a path to double revenue. In its fiscal third-quarter report released after the close, Salesforce provided guidance of $25.5 billion on the high end in fiscal 2022. Benioff, …

CNBC’s Jim Cramer on Monday bemoaned the stock market rotation from the high-flying growth tech stocks and into lagging stocks in the market. “I’m so sick of hearing that it’s time to rotate into the small caps, or the oils, or the cyclical smokestack stocks,” the “Mad Money” host said. …

A truck operated by Germany’s Linde Group. Rod Nickel | Canada-Helium | Reuters CNBC’s Jim Cramer on Monday endorsed two stocks as plays on hydrogen fuel cells in the current market environment. While Cramer is convinced that hydrogen fuel technology, a frontier in clean energy, is the way of the …

S&P Global is widely known as a rating agency, but the rating business is expected to make up a much smaller portion of the company’s revenue after its big merger with IHS Markit. In an acquisition announced Monday, S&P Global revealed it would buy IHS Markit in a deal valuing …

When the U.S. can fully open up and get to the other side of the coronavirus crisis, Wall Street will celebrate like its 1933, according to CNBC’s Jim Cramer. In his first reaction to a banner day for the Dow Jones Industrial Average, where the blue-chip index broke through and …

Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday that some of the stock gains in the market are “insane,” with investors recently buying certain names from Tesla to Royal Caribbean seemingly without regard for fundamentals or the state of the coronavirus pandemic and holding onto them. “Where …

A syringe is seen by the logo of Pfizer’s headquarter in Manhattan, New York City, United States on November 19, 2020. Tayfun Coskun | Anadolu Agency | Getty Images CNBC’s Jim Cramer on Monday gave a forecast of how he projects that the complex coronavirus vaccine distribution process will turn …

After Wall Street digested more positive coronavirus vaccine news and investors grew more optimistic on the reopening trade, CNBC’s Jim Cramer on Monday unveiled a list of “return to normalcy” stocks. “I think you have to buy a couple of these vaccine winners on any weakness, although when it comes …

With Thanksgiving nigh, CNBC’s Jim Cramer on Monday revealed a seasonal pattern that investors can consider playing leading into the Christmas holiday. The closing months of each year are defined by the holiday shopping rush, and Cramer expects the close of 2020 will be no different, despite the coronavirus pandemic. …

Zebra Technologies has played a role in coronavirus testing to fight off the pandemic, and now the barcode company has a new role to play in preventing the deadly virus from spreading further, CEO Anders Gustaffson told CNBC’s Jim Cramer Friday. While Zebra’s products have been used for tracking samples …

While Wall Street is preparing for a shortened week with Thanksgiving on the calendar, CNBC’s Jim Cramer is keeping his eye on key corporate earnings reports set to release before the holiday. The stock market will be closed on Thursday and open for a half-day of trading Friday to close …

In recent months, young retail investors have caught a lot of flak from Wall Street professionals and the investment community. Calling into question their stock acumen, money managers have blamed amateurs, who are taking advantage of commission-free trades with the tap of the finger, for driving some U.S. stocks to …

CNBC’s Jim Cramer on Thursday presented a year-end list of what he calls “up stocks” that investors can buy to bet on a market rally through the end of the year. “We call them up stocks, the ones that go up all the time and barely ever go down,” the …

Biohaven Pharmaceutical CEO Vlad Coric appeared on CNBC Wednesday to discuss the company’s efforts to market an oral solution designed to preempt migraine attacks. After launching Nurtec ODT, an oral treatment for acute migraine attacks, earlier this year, the biotech firm now has its sights set on making that same …

After a down day for stocks in Wednesday’s session, CNBC’s Jim Cramer said the market is giving investors a chance to buy individual stocks now that Wall Street has broken away from the “tyranny of the index funds.” “There’s been a move to own individual stocks led by younger, often …

CNBC’s Jim Cramer on Tuesday tried to make sense of the declines in Home Depot and Walmart shares after the retail juggernauts posted third-quarter results that topped Wall Street estimates. Wall Street received a “pair of stellar quarters from Home Depot and Walmart … some of the best numbers I …

When General Motors decided to pull the plug on a sedan plant in northeast Ohio almost two years ago, the Detroit-based automaker was reacting to America’s growing interest in trucks and SUVs. The move eliminated more than 1,300 jobs, creating a headache for Lordstown, Ohio, and the local economy that …

CNBC’s Jim Cramer on Tuesday presented three potential buying opportunities connected to the chipmaking industry. After reviewing chart analysis from a trusted technician, the “Mad Money” host is recommending investors keep an eye on two semiconductor equipment makers in particular. “The charts, as interpreted by Bob Lang, suggest that the …

Palo Alto Networks announced a new acquisition that the cybersecurity provider expects will give it an edge in fending off online hackers. The company is paying out $800 million to add to its portfolio Expanse, a San Francisco-based internet monitoring company that Palo Alto Networks CEO Nikesh Arora said will …

The reopening stocks led Wall Street higher on vaccine optimism, but investors may want to be selective about what stocks they pick up with the market at or near highs, CNBC’s Jim Cramer said Monday.  “The real issue in this market is faith. The buyers have faith in the future, …

After Wall Street welcomed more positive data from a biotech firm working on a coronavirus vaccine Monday, CNBC’s Jim Cramer turned his attention to investment opportunities linked to the vaccine distribution pipeline. “Now that the vaccine developers are approaching the finishing line, distributing this thing is priority number one,” the …

After New Jersey voters agreed to legalize marijuana within its borders last week, it’s only a matter of time before neighboring states do the same, GrowGeneration CEO Darren Lampert told CNBC’s Jim Cramer Friday. “We believe the rest of the East Coast will follow suit [and] legalize very soon,” he …

Earnings season will come to a close next week and many corporations have pleased Wall Street with the numbers they’ve posted thus far, CNBC’s Jim Cramer said Friday. Last quarter was “one of the best we’ve seen in ages,” likely because expectations were already lowered amid the ongoing health crisis, …

As the U.S. restaurant industry braces for the winter months and a surging coronavirus outbreak, food distributor Sysco has taken steps to help its customers weather an uncertain future. The Houston-based company said Thursday that it is canceling delivery size minimums for restaurants starting Monday. The news comes as some …

Ford Motor is carving a unique lane as the automaker goes after the electric vehicle market, newly installed CEO Jim Farley told CNBC’s Jim Cramer Thursday. Earlier that day the company announced a new all-electric van targeting business customers, as part of its $11.5 billion investment in electric vehicles through …

Wall Street is saddled with too many sellers and not enough buyers, CNBC’s Jim Cramer said after the stock market closed Thursday. “We don’t have too many bears, we have too many bulls,” the “Mad Money” host said. “When most investors are bullish, it means, well, there’s no one left …

Ulta Beauty CEO Mary Dillon told CNBC Wednesday that the cosmetics company hopes to leverage its loyalty plan through its partnership with Target. On Tuesday, the two unveiled a new deal to add skincare shops in select Target stores starting next year. With a combined 100 million members registered to …

CNBC’s Jim Cramer struck a cautious tone after the stock market closed Wednesday. There was mixed trading on Wall Street as the Dow Jones Industrial Average slipped while the S&P 500 and Nasdaq Composite both posted gains during the trading day. “I think this market’s being very cavalier about the …

Rocket Companies CEO Jay Farner in an appearance on CNBC on Wednesday credited the mortgage lender’s investments in technology for its record quarter it reported the day prior. The Detroit-based company, which began trading on the public market in August, posted triple-digit loan volume in the third quarter amid a …

Beyond Meat CEO Ethan Brown on Tuesday sought to clear the air on his company’s relationship with McDonald’s after shares tanked the day prior on news of the restaurant chain’s forthcoming plant-based line. Beyond Meat investors reacted negatively when the meatless food maker was not named as a supplier for …

On the eve of Veterans Day, Jim Cramer hosted his annual “Salute to Service” special on “Mad Money.” The CNBC personality traded in his stock commentary for a moment Tuesday to highlight public corporations that he admires for having gone above and beyond the call of duty to hire Americans …