Homepage / Technology / Cramer Remix: If the economy slows down, this is what you’ll want to own
Asia set for a cautious open as US-China trade tensions simmer Many companies at Cannes Lions had yachts, but Google, Facebook, Spotify and Twitter have beaches Tech could soon turn into the market's headache: Wells Fargo's Chris Harvey Forget millennials: Here's a good reason why Apple should hire your grandmother How Amazon's roaring success selling batteries is making it wonder which market it can disrupt next A company is showing how blockchain is more than just cryptocurrency — it can also cut food waste AT&T and Verizon have drones that could provide cell service and save lives this hurricane season How the Supreme Court may have made Web shopping pricier for just about everyone but Amazon How to choose between an Amazon Echo, a Google Home and an Apple HomePod Electric scooters draw hordes of investors and avid users — but a number of critics as well This floating robotic factory will build satellites and spaceships in orbit Meet the man whose job it is to reassure people that Google search isn’t evil Euro is here to stay: German finance minister China's ZTE expected to take last step to lift ban Cramer Remix: The best way to play the stress test results Red Hat CEO on earnings-led stock drop: 'I would encourage investors to look long term' Apple launches free repair program for MacBook and MacBook Pro keyboards The founder of JetBlue is about to start a new airline Tesla is suing an ex-employee for hacking into its 'MOS' software — here's what that system does Morgan Stanley sees 'a pattern forming' of the space industry developing like self-driving cars Buy Intel shares because its CEO change will not hurt the chipmaker: Credit Suisse Xiaomi reportedly awards founder $1.5 billion in stock ahead of IPO Tesla reports another fire at Fremont factory Tesla shares drop after analyst raises concern over a rise in its services costs Increased threat of a trade war is ramping up fears of a 'full-blown recession' CarMax shares surge to record high, on pace for their best day in 4 years If energy can clear one hard-to-break level, it’s off to the races, chart watcher says Warren Buffett: 'Any time the market takes a sharp dive,' read this book Supreme Court rules warrants required for cellphone location data Trump urges OPEC to 'keep prices down' as oil cartel's meeting wraps up Cramer: Strength in tech and retail has 'masked' weakness in the broader market Buy EA shares because it is ‘building a Netflix for video games’: Needham What’s at stake in Turkey’s elections, and why Erdogan could actually lose Facebook’s ‘lack of accountability’ in its data scandal spurs European sustainability fund to dump shares Goldman Sachs: GE should suspend dividend for the next 18 months OPEC ministers strike deal on oil production levels Stocks making the biggest moves premarket: BB, MDT, URI, JPM, BAC & more Pro tips on taking great video of your vacation — right from your phone All 35 times the market did this, stocks ended the year higher Bitcoin tumbles after Japan watchdog orders exchanges to beef up practices against money laundering Husband cheating? Ashley Madison says member signups spiked in these cities last year James Comey: Public anger about migrant children is ‘why Trump ran’ from the policy Chinese stocks are flirting with bear market territory as trade worries fester BlackBerry posts quarterly loss Friday will likely be the year's biggest stock market volume day with big action in Apple, JP Morgan Rival Koreas agree to reunions of war-separated families US companies like Micron are accusing China of intimidation and outright theft to dominate tech Disney said it's willing to divest more Fox assets for to get a deal cleared by regulators Tesla is preparing to close a dozen solar facilities in 9 states Uber driver was streaming Hulu show 'The Voice' just before self-driving car crash: Police report OPEC heads into showdown over oil output, with Saudi Arabia and Iran on different sides Chinese media says US has 'delusions' as impact of trade war spreads YouTube introduces paid subscriptions and merchandise selling in bid to help creators monetize the platform Airbus says no-deal Brexit would force it to reconsider UK presence European stocks seen slightly higher ahead of OPEC meeting Euro zone hits 'historic moment' as it closes eight years of financial support to Greece Trade tensions are the biggest risk for the euro zone, the IMF says With freedom to drive, Saudi Arabia's women could change the economy Taiwan's Foxconn says biggest challenge is US-China trade war Euro zone agrees on debt relief package for Greece Asian shares set to decline, taking cues from Wall Street's losses; OPEC meeting ahead Chevrolet is bringing back the Blazer as a crossover Cramer Remix: It was the hottest group in the market until Red Hat reported SpaceX’s Falcon Heavy rocket wins Air Force certification and a $130 million contract Cramer goes out on a limb in support of chipmaker Micron Okta CEO explains why his cybersecurity company has a leg up on big-name tech giants like Microsoft Cramer: CEO change aside, Intel's stock is too cheap at these levels The head of Amazon's marketplace has lost most of his authority amid internal shake-up Alphabet reportedly may spin out molten-salt project with Bill Gates' $1 billion energy fund Red Hat slides on low guidance Tax automation company soars after Supreme Court decision Why Amazon is the winner of the Supreme Court sales tax ruling Why some women are adopting Tom Brady's anti-inflammatory diet Retail companies trying to catch up to the times are scrambling to buy tech start-ups Buy Square shares because its sales will soar from its new services to restaurants: Instinet Former retail CEOs hail online sales tax ruling: Old law rewarded a ‘form of tax evasion’ Mark Zuckerberg is the richest he's ever been — and he's about to beat Warren Buffett Tech pioneer Jaron Lanier says companies should pay for data: 'Let's get out of the manipulation business' Tesla enhancing security at Gigafactory, says they got call that ex-employee threatened violence Kroger shares on track for their best day in 9 years on strong earnings Goldman Sachs: Weak stock market returns are ahead even with booming earnings Trader builds $5 billion position after realizing he wasn't using test program; brokerage says he can't keep his profit Abraaj, a private-equity firm, files for provisional liquidation A wave of new environmental laws is scaring shipowners Glencore dodges American sanctions rather than spurn its friends A maverick French telecoms firm attempts Italian conquest Most stockmarket returns come from a tiny fraction of shares China considers its response to Donald Trump’s proposed tariffs Dutch finance chief opposes latest Franco-German push to bolster euro area Cramer: I have faith others can take charge at Intel after Brian Krzanich's ouster Supreme Court rules that states can force online shoppers to pay sales tax Jim Rogers is the latest aging investing guru to launch an ETF programmed to trade like them Olive Garden owner's shares jump after earnings beat, dividend hike Red-hot chip stock Micron rises as Wall Street gushes over cloud computing memory demand A tech goof might have just leaked the date for Amazon Prime Day Intel's Brian Krzanich forced out as CEO after 'consensual relationship' with employee The Amazon Fire TV Cube is so good I want one for every TV in my house Martin Sorrell says his exit from WPP was like being 'hit by the bus' Micron's quarterly results, forecasts beat on higher chip demand Goldman Sachs upgrades stumbling Verizon and Charter shares: 'The pipes are not broken'


Cramer Remix: If the economy slows down, this is what you’ll want to own

The entire entertainment sector is readjusting after AT&T got legal clearance to buy Time Warner and Comcast topped Disney’s bid for a key portion of Twenty-First Century Fox’s assets, CNBC’s Jim Cramer said Thursday.

“The industry finally got a two-part catalyst: a federal judge who wants old media to have the firepower to compete with new media, … and Comcast, parent company of this network, has come up with a high bid for Fox that says everything else in the group, literally everything, may just be too cheap for buyers to ignore,” the “Mad Money” host said.

While he didn’t necessarily agree that companies like Amazon and Netflix — the “new media” — were spelling doom for more traditional players just yet, Cramer could see why Comcast announced almost immediately after the AT&T ruling.

By announcing its $65 billion bid so soon after the verdict, Comcast sent a signal to investors that what matters now in the Fox bidding war is money, Cramer said.

The move also ignited a rally in the technology sector, particularly FANG, Cramer’s well known acronym for the stocks of Facebook, Amazon, Netflix and Google, now Alphabet.

“I know that we never want to be caught thinking for a minute that Facebook, Amazon, Netflix and Google, now Alphabet, are cheap,” Cramer said. “But remember what I said yesterday: if the economy’s going to slow down from the Fed or a trade war, you want to own FANG and its accouterments because these companies don’t need a strong economy to deliver blowout numbers.”

While Shantanu Narayen doesn’t see his company, Adobe Systems, as a monopoly despite some Wall Street criticism, he does want it to offer the only true “end-to-end solution” for digital creators, the chairman and CEO told CNBC on Thursday.

“I think creativity will continue to be this incredible opportunity for us,” he said in an interview with Cramer. “Whether you’re doing high-end video for the mobile or for the silver screen, whether you’re doing augmented reality — immersive media, as we call it — we want Adobe to be the only company that has the end-to-end solution.”

Speaking after his company beat analysts’ second-quarter earnings estimates, Narayen emphasized the importance of artificial intelligence to Adobe’s future as a company.

The theme ties with Adobe’s May 2018 acquisition of Magento Commerce, a Shopify competitor in the e-commerce services space for which Adobe paid $1.68 billion.

For more on Narayen’s interview, click here.

Thor Industries’ warning about rising tariff-related costs in its third-quarter earnings report sent shares plunging to 2018 lows, but CEO Bob Martin told CNBC on Thursday that the company is finding ways to blunt the impact.

“We thought it’d be minimal,” the CEO admitted in a Thursday interview with Cramer. “Today, they’re still kind of all over the board and we’re just finding ways to kind of counteract them whenever we can.”

For Thor, the United States’ largest recreational vehicle manufacturer, that means cutting raw costs and “de-contenting,” or taking certain ancillary products and features out of its higher end RVs.

Thor’s stock has been under pressure since the Trump administration enacted steel and aluminum tariffs in May, which hike Thor’s costs by stymieing cheap imports.

Tien Tzuo, the founder, chairman and CEO of subscription-service enabler Zuora, started his newly public company to drive a new type of economy.

“There’s no reason you should have to buy anything,” he told Cramer in a Thursday interview. “If you’re not buying DVDs, if you’re not buying CDs, if you’re not buying software, why should you have to buy houses? Why should you have to buy cars?”

To Tzuo, whose software company came public in April, getting goods and services should be as easy as taking out your phone, pointing to a service and subscribing to it online.

“This is what you’re starting to see today,” he told Cramer. “I think Wall Street is starting to embrace the subscription-based business model. And, in fact, when they look at us, what they really liked about us given our customer base – and half our customers are outside the tech industry – is that an investment in us is an investment in this entire subscription economy.”

Cramer understands that no executives would want to admit on a conference call that their company is in bad shape.

“But is it too much to ask that they, you know, acknowledge the problems they’re having and show some recognition that something’s not up to snuff?” he wondered. “I’m not demanding that CEOs of troubled companies give us a mea culpa, beg for mercy [or] do some serious self-flagellation, replete with whips and chains; I just want some evidence that they’re living in the same universe as the rest of us.”

Cramer was especially disappointed after listening to H&R Block’s conference call, where everything seemed rosy until analysts questioned its weaker lines of business in the Q&A section and the stock fell nearly 20 percent.

“Look, I’m not expecting total 100 percent transparency from CEOs,” the “Mad Money” host said. “But when you start giving Baghdad Bob style conference calls, you’re going to hurt your credibility. That’s a real problem, yet it’s easily avoided by just saying, ‘Hey, things aren’t going so hot now, but just you wait, we’ve got a plan. You need patience but that patience will be rewarded.'”

In Cramer’s lightning round he zoomed through his callers’ favorite stocks:

Dexcom, Inc.: “You know we like that. We had [CEO] Kevin Sayer on. They have the best glucose monitor. By the way, we think there’s room for them and Abbott, but boy, is Dexcom on fire. I always felt that one day someone’s just going to go buy the company. It would not shock me. By the way, Medtronic – [that] wouldn’t be such a bad idea if you decide, ‘I want to win that segment.’ Just go do it.”

GW Pharmaceuticals PLC: “Look, it’s been red-hot. Everybody wants a legal pot play. That’s one. We’ve been talking about Canopy. That’s another. And let’s not forget that Constellation Brands, STZ, which is owned by my charitable trust, they have a 20 percent stake in Canopy. Any one of those, I think, is fine.”

Disclosure: Comcast is the owner of NBCUniversal, parent company of CNBC and CNBC.com. Additionally, Cramer’s charitable trust owns shares of Comcast, Amazon, Facebook, Alphabet, Abbott Laboratories and Constellation Brands.

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: If the economy slows down, this is what you’ll want to own

Comments are closed.