Homepage / Technology / Cramer Remix: Don’t let this buying opportunity pass again
CEO explains why his Australian company just announced 8,000 job cuts European stocks seen higher amid rising trade war fears; OPEC in focus White House says China's 'economic aggression' is a global threat The inspiration for tech titan Jack Ma's Alibaba was an unlikely politician Microsoft's Nadella: Trump administration policy separating children from families is 'abhorrent' A major cryptocurrency exchange says it was hacked and $30 million in coins was stolen Canada approves recreational use of marijuana Lapses at many levels of bank led to India's huge PNB fraud, internal report shows Australia's largest telco says it will cut 8,000 jobs over the next three years China-based hacking campaign is said to have breached satellite, defense companies Kim Jong Un and China's Xi discuss 'a new future,' North Korean media says Asian shares set for mixed open after trade fears spook markets worldwide Cramer: Tesla's stock still has more upside—just use the right chart Cramer points to the trillion-dollar question about US-China trade: What about Apple? Elon Musk: If I can help kids at the border, I will SNAP CEO on Innovation and Imitation Oracle reports strong fourth quarter results and stock edges up Start-up that uses polymer science to make avocados last longer just scored a deal with Costco Here's a map of every Whole Foods where you'll get an Amazon Prime discount The CEO of agency giant IPG welcomes challengers to Facebook and Google: 'The more the merrier' Traders bet one soaring tech stock is about to lose steam Facebook takes another shot at grabbing social media stars from YouTube UK says it is happy with Rupert Murdoch's Sky News commitments related to bid for parent company Apple CEO Tim Cook says separating immigrant children at US border is 'inhumane' In the short history of Trump trade conflicts, it has paid to buy the market dip Danny Meyer stands by cashless push: 'We're unaware of any federal law' that requires accepting cash Express Scripts boots another online pharmacy — CareZone — from its network Home Depot and two other Dow stocks look ripe for a buy, says technician Snap shares plunge after analyst says users are less engaged White House's Navarro on China trade talks: No knowledge of Apple iPhone exemption Merkel, Macron agree on euro zone budget Walgreens and Humana are partnering to create senior health hubs Sarepta Therapeutics shares soar 50% on positive preliminary results for muscular dystrophy gene therapy Verizon pledges to stop some selling of phone-location data There's one Dow stock having a great day: Verizon Europe's IPO market heats up, and unicorns are getting in line Amazon wants a hand in all your deliveries, unveils last-step option for FedEx, UPS and private mail Soybean prices drop to two-year low on US-China trade war fears Cramer: US-China trade fight 'is not serious' right now; Trump has upper hand China has a limited number of weapons to use in a trade war with the US Laws governing medical marijuana could soon be relaxed in the UK The flip phone is about to make a big comeback as foldable screen nears reality Here is what a student could have made if they invested their 2014 summer earnings in FANG stocks VW names interim Audi boss, seeking to steady brand after its CEO's arrest Here’s the fundamental error in Trump’s trade strategy Chip stocks dive on trade war fears as industry gets a majority of its revenue from China New home construction booms to a near 11-year high in May A dangerous dot-com era phenomenon is back and it's going to inflict pain, Jim Paulsen warns Netflix gets a $500 price target, the highest on Wall Street Apple is the big tech firm most at risk from a US-China trade war AT&T promises fewer ads, tailored programming after merger with Time Warner Stocks making the biggest moves premarket: VZ, TSLA, AAPL, WFC, T, SIRI & more Billionaire Howard Marks: Computers won't put the best human investors out of business CVS introduces prescription drug delivery as it braces for Amazon's possible entry Former turnaround exec Bozoma Saint John: Uber was 'the poster child for everything gone wrong' Trump told Tim Cook that US would not place tariffs on iPhones, but Apple's still worried Amazon's Alexa will now be your butler at Marriott hotels Billionaire investor Jim Mellon: Sharp sell-off in US stocks is the start of a 'very major correction' South Africa will avoid a ‘knee-jerk’ reaction to currency weakness, central bank deputy says Dow futures tumble as China responds to latest Trump threat North Korea's Kim visits Beijing as South Korea and the US halt military drills 'Belligerent' US trade stance could hurt America's iconic companies the most, Jim O'Neill says Irish central banker says it's too early for the ECB to discuss future rate hikes All global currencies will become cryptocurrencies, Circle CEO says Abu Dhabi Financial Group unit offers to buy Abraaj's investment management arm Beijing subways could get facial recognition and palm scanning tech, Chinese media reports Roche agrees to pay $2.4 billion to buy the rest of Foundation Medicine Japanese e-commerce company Mercari surges more than 70% in Tokyo debut European markets seen sharply lower as Trump threatens new tariffs China's central bank delivers surprise stimulus as trade spat with US worsens Shares of China's ZTE sink 23% after US Senate targets company in new bill Has a US-China trade war begun? Experts weigh in North Korean leader Kim Jong Un is in China on a two-day visit: Chinese state media China pledges it will fight back firmly if Trump goes ahead and publishes list of additional tariffs Trump reportedly told Apple's Tim Cook that iPhones will be spared from China tariffs Smartphone maker Xiaomi to postpone mainland China listing until after Hong Kong IPO Asian shares poised to edge higher despite trade jitters; oil prices rise Senate passes military funding bill that would reimpose sanctions on Chinese telecom ZTE Cramer Remix: Tariff headlines have investors flocking to these stocks Cramer's warning on recent tech IPOs: Be careful with their sky-high valuations Elon Musk sends company email about 'extensive and damaging sabotage' by employee Elon Musk sent an email to Tesla employees about another fire in its factory on Sunday Microsoft condemns 'forcible separation' of children from families after criticism of work with ICE Snap CEO Evan Spiegel says even his wife, Miranda Kerr, hated the app’s redesign UBS CEO: Blockchain technology almost a must have for business Bitcoin jumps after New York approves Square's Cash app for crypto trading Apple is worried about Chinese tariff retaliation that could hamstring its supply chain Elon Musk tells shorts on Twitter they have 3 weeks to cover Watch these drones string power lines along poles high above the ground SurveyMonkey confidentially files for IPO President Trump signs space junk directive aimed at cleaning up the cosmos Dropbox rises more than 8% adding to last week's gains President Trump directs Defense Department to 'immediately begin the process' of establishing 'Space Force' as sixth military branch Elon Musk hung out in the Netscape lobby in the '90s hoping to get a job Square gets regulatory green light for cryptocurrency trading in New York Domo drops below billion-dollar valuation in lead-up to IPO Russia cuts Treasury holdings in half as foreigners start losing appetite for US debt With Twitch, Amazon tightens its grip on live streams of video games This fitness app wants you to have a personal trainer in your pocket Intel shares fall after small Wall Street firm downgrades chipmaker, predicting slower growth

Technology

Cramer Remix: Don’t let this buying opportunity pass again

Lithium stocks like FMC Corp. are under pressure, but for CNBC’s Jim Cramer, the agricultural chemical play is flashing screaming buy signals.

“I’m glad FMC’s getting hit here because you’re getting a chance to buy a red-hot stock into weakness, just in case you missed the incredible buying opportunity in March,” when the stock was at a low after a 26 percent drop since January, the “Mad Money” host said.

With shares of FMC still down roughly 10 percent from their January highs, Cramer argued that they’re not yet factoring in the company’s better-than-anticipated first-quarter earnings results.

“It’s one of the least expensive stocks in both the agriculture space, which is very popular, and the lithium space – OK, that’s cooled a bit – but selling for just 13 times next year’s earnings estimates,” Cramer said. “That’s, frankly, lunacy. I mean, it’s got a 15 percent long-term growth rate. If you can buy it for 13.1 times earnings with a 15 percent growth rate, that’s called a steal.”

All day on Thursday, Cramer heard market-watchers buzz about the stock of Netflix surpassing the stock of the Walt Disney Company in market capitalization.

Netflix, the online streaming giant behind popular titles such as Stranger Things with the best-performing stock in the S&P 500 so far this year, reached a market value of $152.6 billion on Thursday, according to FactSet.

Shares of Disney, the ubiquitous entertainment company with successful franchises like Star Wars and Marvel’s Avengers, fell about 1 percent, pushing Disney’s market value to $151.8 billion.

But to Cramer, comparing the two entertainment plays was not particularly useful.

“To me, this comparison is as fatuous as one drawn by a reporter who famously asked Babe Ruth back in 1930, how it is possible that he made $80,000 a year when President Herbert Hoover was paid just $75,000?” Cramer said.

“His response: ‘What’s Hoover got to do with it? Besides, I had a better year than he did,'” Cramer said of the baseball legend.

As consumers grow increasingly health-conscious and chemical-averse, companies like Indigo Agriculture are working to weed out old, synthetic agricultural solutions like GMOs, Indigo CEO David Perry told CNBC on Thursday.

“Modern agriculture’s really built on technologies that were created decades ago: synthetic fertilizer, synthetic chemicals, GMOs and plant breeding. We’re taking an entirely new approach,” Perry told Cramer in an exclusive interview.

“I think this is an opportunity to see a revolution in agriculture using naturally discovered microbes to improve yields of plants and also to protect them against pests and insects so we can reduce the amount of fertilizer used and the amount of agricultural chemicals used,” Perry said Thursday.

For more on why Perry’s company is a CNBC Disruptor for 2018 and how it’s changing the farming space, click here.

Cramer could not hold back as he watch the 10-year U.S. Treasury yield sink lower on Thursday and hover around 2.9 percent.

Investors worried for weeks about the yield on the 10-year rising above 3 percent and destroying the stock market’s gains, so the “Mad Money” host was surprised that more market-watchers weren’t coming out and saying that now that it’s declining, stocks could run higher.

“Why are rates falling? Yesterday we got Fed minutes from the May meeting and the esteemed body agreed that inflation may be transitory and not embedded,” Cramer said. “If inflation is temporary, people, there’s much less need for the Fed to tighten aggressively.”

Cramer had five reasons for why the Fed’s call that inflation wouldn’t run above 2 percent for long seemed sound.

For Intuit Chairman and CEO Brad Smith and his company, the parent of TurboTax, Mint and other financial planning aids, the ability to evolve with the times is key to success.

That’s why Intuit rolled out TurboTax Live in the face of the Trump administration’s new, reportedly simplified tax code, which will offer a “postcard-style” system for filing taxes, according to members of Congress.

“The reality is, in the U.S., about 155 million people file taxes. Ninety million of them go to a tax store or a CPA, and with tax simplification, more of them are now going to have confidence that maybe they can file their taxes on their own at a much lower cost,” Smith said.

“And now that we introduced TurboTax Live, they don’t have to be worried about being alone. They can touch a screen, have a CPA come right into the software and help them through the tax return,” the CEO continued. “So we think this is going to be a huge catalyst for the category and for our company.”

To watch Smith’s full interview, which covers his company’s most recent earnings report and future prospects, click here.

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

GTT Communications: “Nothing [is going on with GTT]. It’s doing very well. I mean, honestly, I think it’s doing incredibly well. I’m sorry that it went down so much after [CEO Rick Calder] was on, but they’ve got that low-infrastructure telecommunications model that’s terrific. That’s probably one of those stocks that’s just going down for incorrect reasons. I’m not kidding. I like that business very much.”

Caesar’s Entertainment: “I was surprised to see that J.P. Morgan recommended that stock and they’ve got the best analysts in the group. I’ve always felt the balance sheet was bad, but maybe they’ve got some optionality. You know what? I like MGM. MGM’s been stalled lately. At Caesar’s, I can’t pull the trigger because of that balance sheet, but I guess there’s some mojo there.”

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: Don’t let this buying opportunity pass again

Comments are closed.