Homepage / Technology / Cramer Remix: Don’t let this buying opportunity pass again
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: 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.