Homepage / Technology / Cramer Remix: Cloud stocks aren't finished giving investors big profits
Amazon says this Prime Day was its biggest shopping event ever Kudlow says President Trump is 'so dissatisfied' with China trade talks that he is keeping the pressure on As stocks regain their footing, an ominous warning looms Goldman Sachs downgrades Clorox to sell, says valuation is 'unsustainably high' How Satya Nadella has spurred a tripling of Microsoft's stock price in just over four years Kudlow says economic growth could top 4% for 'a quarter or two,' more tax cuts could be coming The one chart that explains Netflix’s stunning comeback US housing starts plunge 12% in June to a nine-month low Aerospace titans Boeing and Airbus top $110 billion in orders at Farnborough Target uses Prime Day to its advantage, logging its 'biggest online shopping day' so far this year Billionaire Marc Lasry sees bitcoin reaching up to $40,000 as it becomes more mainstream and easier to trade These are the 10 US airports where you're most likely to be hacked Amazon shares slightly higher as investors await Prime Day results Wreck of Russian warship found, believed to hold gold worth $130 billion A bullish ‘phenomenon’ in bond market is weeks away from fading, top credit strategist says Stocks making the biggest moves premarket: MS, GOOGL, TXN, UAL, NFLX & more Twitter shares up 50% since late April means most upside priced in, analyst says in downgrade EU fines Google $5 billion over Android antitrust abuse Mortgage applications fall 2.5% as buyers struggle to find affordable homes America may not have the tools to counter the next financial crisis, warn Bernanke, Geithner and Paulson Investors are getting spooked as the risk of a no-deal Brexit rises EU expected to fine Google $5 billion over Android antitrust abuse Ex-FBI chief James Comey urges Americans to vote for Democrats in midterm elections Elon Musk apologizes to British cave diver following baseless 'pedo guy' claim Disney, Comcast and Fox: All you need to know about one of the biggest media battles ever Xiaomi shares notch new high after Hong Kong, mainland China stock exchanges reach agreement The trade war is complicating China's efforts to fix its economy European markets set for a strong open amid earnings; Google in focus Hedge fund billionaire Einhorn places sixth in major poker tournament The biggest spender of political ads on Facebook? President Trump Asian stocks poised to gain after Fed's Powell gives upbeat comments; dollar firmer Stocks are setting up to break to new highs Not all FAANG stocks are created equal EU ruling may be too little, too late to stop Google's mobile dominance Cramer explains how Netflix's stock managed to taper its drop after disappointing on earnings Airbnb condemns New York City's 'bellhop politics,' threatens legal retaliation Amazon sellers say they were unfairly suspended right before Prime Day, and now have two bad choices Investor explains why 'duller' tech stocks can have better returns than 'high-flying' tech names Elon Musk is 'thin-skinned and short-tempered,' says tech VC Texas Instruments CEO Brian Crutcher resigns for violating code of conduct Google Cloud Platform fixes issues that took down Spotify, Snapchat and other popular sites Uber exec: We want to become the 'one stop' transportation app 'What a dumb hearing,' says Democrat as Congress grills tech companies on conservative bias Amazon shares rebound, report says Prime Day sales jumped 89 percent in first 12 hours of the event How to put your medical history on your iPhone in less than 5 minutes Investment chief: Watch these two big events in 2018 Even with Netflix slowing, the market rally is likely not over Cramer: Netflix subscriber weakness debunks the 'sky's the limit' theory on the stock Netflix is looking at watch time as a new area of growth, but the competition is stiff Why Nobel laureate Richard Thaler follows Warren Buffett's advice to avoid bitcoin Rolls-Royce is developing tiny 'cockroach' robots to crawl in and fix airplane engines After Netflix plunge, Wall Street analysts forecast just tame returns ahead for the once high-flying FANG group Roku shares rise after analyst raises streaming video company's price target due to customer growth China is investing 9 times more into Europe than into North America, report reveals Amazon says US Prime Day sales 'so far bigger than ever' as glitch is resolved Netflix is on pace for its worst day in two years US lumber producers see huge opportunity, rush to expand San Francisco to consider tax on companies to help homeless Homebuilder sentiment, still high, stalls as tariffs, labor and land drive up costs Powell backs more rate hikes as economy growing 'considerably stronger' Netflix history is filled with big stock declines – like today – followed by bigger rebounds Intel shares get downgraded by Evercore ISI due to rising competition from Nvidia, AMD Petco aims to reinvent the pet store with something you can't buy online Genetic testing is coming of age, but for consumers it's buyer beware Tech 'FAANG' was the most-crowded trade in the world heading into the Netflix implosion, survey shows Netflix weak subscriber growth may indicate a 'maturity wall' that could whack the stock even more: Analyst This chart may be predicting the bull market's demise Wall Street says Netflix's stock plunge is a ‘compelling’ buying opportunity because the streaming giant ‘never misses twice’ Tesla sinks after Musk tweets, again Boeing announces new division devoted to flying taxis Stocks making the biggest move premarket: NFLX, UNH, GS, AMZN, WMT & more Deutsche Bank downgrades Netflix, but says big subscriber miss is not 'thesis changing' IBM is experimenting with a cryptocurrency that’s pegged to the US dollar North Korea and Zimbabwe: A friendship explained Virgin Galactic spinoff Orbit to launch rockets from the UK with space deal Artificial intelligence will create more jobs than it destroys? That’s what PwC says ‘Treasonous’ Trump and ‘Putin’s poodle:' Scathing headlines follow the Trump-Putin summit China’s fintech companies offer ‘enormous’ opportunity, investment manager says Trump's performance at summit with Putin was 'unprecedented,' experts say Walmart and Microsoft link up on cloud technology as they both battle Amazon European stocks seen mixed amid earnings; Fed’s Powell to address Congress How I knew I should quit my day job and run my start-up full-time: Viral website founder China's stocks have been trounced, but the trade war may ultimately be good news for those shares Billionaire tech investor Peter Thiel bets on crypto start-up Block.one Asian shares subdued open after mixed close on Wall Street; energy stocks under pressure Amazon cloud hits snags after Amazon Prime Day downtime Netflix isn't doomed by one quarter unless people start questioning the long-term investor thesis Tech stocks set to sink on Tuesday after rough evening for ‘FANG’ Netflix plummets after missing big on subscriber growth This wristband lets humans control machines with their minds The U.S. has a rocky history convincing Russia to extradite computer criminals Amazon suffers glitches at the start of Prime Day Jeff Bezos is now the richest man in modern history 'The United States has been foolish': Read Trump and Putin's full exchange Goldman Sachs recommends these 5 highly profitable companies — including Nvidia — to combat rising inflation Goldman Sachs releases 'tactical' stock picks for this earnings season Three red flags for Netflix ahead of its earnings report The bond market may be raising recession fears, but don't expect one anytime soon Cramer: Banks are 'making fortunes' but are still as hated as they were during the financial crisis Putin told Trump at summit: Russia never meddled in US election

Technology

Cramer Remix: Cloud stocks aren't finished giving investors big profits

The recent weakness in tech stocks made many investors question the true strength of cloud stocks, but not CNBC’s Jim Cramer.

“The answer from pretty much everyone in the industry is the same. It’s simple: the idea that the cloud has reached saturation is absurd,” the “Mad Money” host said. “If anything, given the prevalence of older forms of storing data — expensive on-premise servers that are more costly and have less analytics horsepower than the cloud — I bet we could have years of growth ahead of us.”

Cramer said that only 10 percent of U.S. companies have adopted the cloud, which proves that the industry is nowhere near saturation. In China, cloud adoption is more like 2 to 3 percent.

“After all my canvassing, I come back and say that while there might be some speed bumps in cloud adoption, we’re still very much at the beginning of a massive long-term shift, one that’s growing faster than anything else in tech, which is why I like so much Amazon, and I like so much Microsoft, and I like so much Alphabet,” Cramer said. That’s why I’d use the weakness to buy every one of those and nearly everything else in the cloud food chain.”

Cramer knows that part of smart investing is learning from everyone.

So when Carlyle Group co-CEO David Rubenstein said that the only thing he’s worried about for the next two years is some sort of unexpected geopolitical event, it got Cramer thinking.

“The only thing we have to worry about, I think, in 2018 and 2019 is some unanticipated geopolitical event, the so-called black swan,” Rubenstein told CNBC’s Net/Net dinner in Washington, D.C. on Tuesday.

While Cramer doesn’t like the phrase “black swan” because he wants to be ready for anything and everything, he did compile a list of 10 concerns he has going into 2018.

“A black swan is the thing you don’t see coming, but we’ve got more than enough concerns that can be anticipated,” Cramer said. “Let me tell you what weighs on me every day.”

When “momentum stock” Autodesk lost its mojo after a less-than-perfect quarter, Cramer knew he had to take another look at the software company’s business to vet the decline.

Autodesk, which makes computer-aided design software for an array of industries from architecture to entertainment, posted a small earnings beat on Nov. 28. Cramer didn’t find many negatives in the report, but after it was released, the stock tanked 16 percent.

“When you see a market darling turn on a dime like this and get slammed, you’ve got to circle back to the story and ask yourself a simple question: are we dealing with a broken stock or a broken company?” the “Mad Money” host said. “In other words, did Autodesk merely hit a speed bump, or did it crash into a retaining wall at 80 miles an hour?”

As he rounds out his last few months as CEO of the now-private Panera Bread, Ron Shaich told CNBC that one of his biggest worries is the “pervasive short-termism” of the public market.

“The greatest competitive advantage Panera had, the reason we produced these results we did, is because we could think long term,” Shaich told Cramer on Wednesday. “And the reason I took our company private is I’m increasingly worried about our ability to do that in a public market.”

Shaich, who co-founded Panera and remained at its helm for two decades, highlighted a sea change he’s noticed in his 26 years as CEO of a public company.

After issuing and watching the results of more than 100 quarterly earnings reports, the restaurant industry veteran said that traders, not institutional investors, increasingly run the show in the stock market.

US Concrete’s project roster includes high-profile names like Toyota and Facebook. The common thread? Many of these corporate giants are setting up shop in the Lone Star State.

Bill Sandbrook, the industrial conglomerate’s president, CEO and vice chairman, told CNBC on Tuesday that Texas is becoming a hotbed for big infrastructure projects.

“Texas, and Dallas specifically, is very business-friendly and a lot of corporate headquarters are coming there that we partake in,” Sandbrook told Cramer on Wedensday. “There are no income taxes in Texas, so it plays right into our hands, absolutely.”

And as passage for the GOP’s tax reform bill becomes increasingly likely, Sandbrook said that his company will undoubtedly benefit from the corporate tax cuts set to come with it.

“There’s going to be more disposable income. We’re going to have more money to spend on growing our business to buy more trucks and to expand our markets,” he told Cramer. “We’re not going to dividend back and we’re not going to do buybacks. We’re going to re-invest in our business to grow our EBITDA through what we do as a business.”

In Cramer’s lightning round, he shared his take on some callers’ favorite stocks:

Shake Shack: “No. I’m a McDonald’s guy, not just because I like [McDonald’s CEO] Steve Easterbrook, because I also like [Shake Shack founder] Danny Meyer. But that stock is too expensive for me on a unit basis. I say hold off. It’s had a nice run, though, on a short squeeze.”

Kratos Defense & Security Solutions Inc.: “Look, it’s a defense stock. It goes up and down. It trades really badly, but I like the business very much and that’s what matters.”

Disclosure: Cramer’s charitable trust owns shares of Alphabet.

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer’s world? Hit him up!
Mad Money TwitterJim Cramer TwitterFacebookInstagramVine

Questions, comments, suggestions for the “Mad Money” website? madcap@cnbc.com

Source: Tech CNBC
Cramer Remix: Cloud stocks aren't finished giving investors big profits

Comments are closed.