Homepage / Technology / Cramer Remix: The best way to play the stress test results
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 Arconic shares jump 11% on report of private equity firm's buyout interest How the Russians broke into the Democrats' email, and how it could have been avoided AMD shares rise after Stifel predicts higher profitability for chipmaker CEO of the world's largest asset manager is worried that tech shares are the only stocks doing well Despite high projections, some analysts are cautious about Netflix ahead of earnings There are 'tremendous storm clouds on the horizon' for markets: Guggenheim's executive chairman How to stick to your shopping budget on Amazon Prime Day Amazon's Prime Day is likely to drive company’s sales and share price higher Microsoft gets a boost from its biggest sales reorganization ever ZTE stock surges as USsupplier ban lifted though outlook remains uncertain Oil falls 2% below $70 as Treasury says importers may get leeway to buy Iranian crude UBS downgrades FedEx on trade war risks, upgrades UPS on domestic performance Bitcoin jumps after report suggests BlackRock is getting serious about the cryptocurrency market One of the biggest — and often costliest — retirement mistakes investors are making today The US dollar is surging, and that could spell trouble for markets Buy Cisco on the dip because the Amazon threat worries are ‘overdone’: Bank of America Strong retail sales report suggests robust economic growth in the second quarter Tech consumers should not be forced to sacrifice privacy for security Why your Amazon Prime membership may not be worth the price Netflix draws its second 'sell' rating on Wall Street as Buckingham downgrades before earnings With bank earnings underway, market watcher bets on big rally for financials Stocks making the biggest moves premarket: BLK, BAC, UPS, FDX, JBHT & more Thai rescue mission diver mulls legal action after Elon Musk calls him 'pedo guy' Trump claims US-Russia relations have ‘never been worse’ shortly before Putin meeting China will be watching and learning as Trump meets Putin Amazon Prime Day threatened by strikes at European warehouses over working conditions While Trump meets Putin, China is reaching out to Europe Trump-Putin summit could provide a ‘significant breakthrough’ on Syria, strategist says How cryptocurrency start-ups have raised over $12 billion this year via a much-hyped funding route For Asia's soccer teams to succeed, work starts off the field European markets seen higher ahead of earnings; Trump-Putin meeting in focus How start-ups are positioning healthy food to make 'a lot of business sense' 'Never underestimate human stupidity,' says historian whose fans include Bill Gates and Barack Obama China says its second-quarter GDP growth was 6.7%, meeting expectations Asian stocks poised for slightly softer open as markets await China data Elon Musk courts new controversy after tweeting, then deleting, an attack on a British cave explorer How a former eBay employee is inspiring kids to become tomorrow's problem solvers Here's what the DOJ needs to happen to win its appeal against AT&T The 2018 Hyundai Tucson is a good bargain crossover but skip the high-end model Trump suggests US and UK could strike a 'tremendous' trade deal after Brexit PlayVS wants to bring electronic sports gaming into high schools The unintentional winners of Prime Day: Amazon’s competitors Elon Musk insists he's neither Democrat nor Republican, as political contributions come under fire Amazon could make a big impact in health by helping people eat better

Technology

Cramer Remix: The best way to play the stress test results

If you think President Donald Trump has gotten as aggressive as he’ll get on the trade front, “you ain’t seen nothin’ yet,” CNBC’s Jim Cramer said Friday.

With steel and aluminum tariffs already in place and more on the horizon, the “Mad Money” host didn’t expect the president to let up on his trade dispute with the rest of the world anytime soon.

He even expected Trump to ban acquisitions by Chinese companies of U.S. businesses to protect intellectual property and continue escalating tensions with the United States’ trading partners, potentially at the expense of the stock market.

“You need to prepare yourself for more combative tweets,” Cramer told investors. “Be prepared for him to try to tear up NAFTA. Dismiss the notion that there are two camps in this administration — a hard line and a soft line. In truth, there are only hardliners.”

And if you can’t handle the pain, the “Mad Money” host’s solution is simple: raise cash.

With that in mind, Cramer turned to his weekly game plan, which on Thursday will involve parsing the results of the Federal Reserve’s stress tests.

The central bank uses the tests, which were established in response to the 2008 financial crisis, to “grade” banks on their ability to withstand financial turmoil.

Good results “will allow the well-graded banks to immediately boost their buybacks,” Cramer said. “I think Citi, letter C, will get the best grades and it’s going to buying [its] stock hand over fist.”

“I would buy Citi on Wednesday, and I’d buy it aggressively, as we will for my charitable trust if we get a chance,” he recommended.

Red Hat’s stock may have just had its worst trading day since 2006 after the company’s earnings guidance underwhelmed Wall Street, but that won’t matter in the longer term, CEO Jim Whitehurst told CNBC on Friday.

“If I could change anything” about the post-earnings conference call, “I would encourage investors to look long-term,” Whitehurst, also Red Hat’s president, told Cramer in an interview.

While the open-source software company beat analysts’ top- and bottom-line estimates, it missed their estimates for the fiscal second-quarter forecast.

One point of weakness for Red Hat, which helps enterprises connect to the cloud and link various applications together, was its lighter-than-expected billings results.

To watch and read more about Whitehurst’s interview, click here.

Cramer isn’t exactly bullish about the tidal wave of earnings coming in July.

“As we head into earnings season next month, there are three things that really worry me,” the “Mad Money” host said Friday.

“One, slowing revenues from the end — or at least the pause — [of] the synchronized global economic expansion. Two, the stronger dollar, which is a very different story from the last quarter and is really bad news for American exports. And three, rising raw costs from tariffs and, more important, higher oil prices,” he said.

Click here for an analysis of all three potential pain points.

Leo Denault, the chairman and CEO of Southern utility play Entergy, told Cramer on Friday that “it’s not economic” for his company to add coal assets to its books anymore.

“The natural gas plants we’re building, the big ones […] are so efficient and so low-cost that coal can’t compete with those,” Denault said in an exclusive interview. “They’re also a much better environmental outcome, so if you look at our fleet, we are one of the cleanest fleets in the United States from an emissions standpoint.”

Entergy’s low production costs attracted investors to its stock, which settled at $80.21 a share Friday. The power generator’s distribution network is centered around the Gulf South and headquartered in New Orleans.

“Out of the investor-owned utility sector, we have been the lowest-cost for a couple of years in a row,” Denault told Cramer. “That’s a combination of the new assets that we’re putting in place, all run more efficiently so they burn a lot less natural gas. They have less emissions, so that’s a lower production cost for our customers. We’ve been very good about keeping a lid on our costs.”

To watch Denault’s full interview, click here.

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

Albemarle Corporation: “I like Albemarle. The thing has been killed. It’s down 27 percent. I mean, you’re not going to step up here, you’re never going to step up. I’m OK with it.”

Valeant Pharmaceuticals International, Inc.: “Valeant caught a downgrade today. That’s why the stock was going down. [CEO] Joe Papa’s doing a magnificent job, but you know what? It’s OK for a stock to cool off. I think down $2 is when you want to pull the trigger and not before that.”

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

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: The best way to play the stress test results

Comments are closed.