Sometimes, even the best stocks get hit hard by broader market sell-offs, and it’s natural to wonder why, Jim Cramer said. But most of the time, it’s not because of some underlying weakness in the stock that investors didn’t catch. Nowadays, market sell-offs can happen because of index futures rather than actual fundamentals, an action […]
Read moreExchange-traded funds, better known as ETFs, have seen a surge in popularity recently, but Jim Cramer is not as taken with the trend as the rest of the market. Proponents argue that ETFs guard against “single-stock risk,” or the damage an individual stock could do to your portfolio. They say it lets you play an […]
Read moreMetrics have the power to make or break your portfolio, and Jim Cramer says they are often the key to understanding why stocks move the way they do. “Sometimes the key metrics that control the entire market suddenly change, and you have to change with them,” otherwise you’ll never understand why your stocks are suddenly […]
Read moreAT&T said on Friday that its executives will head its media and wireless businesses following the close of its $85.4 billion acquisition of Time Warner. As of August 1, John Stankey, who currently leads DirecTV and other entertainment businesses for the No. 2 U.S. wireless carrier, will lead the team charged with Time Warner’s integration […]
Read moreWhen Jim Cramer first started trading, a stock’s value was based on two simple factors: the underlying company’s fundamentals and the sector’s performance. But when indexes like the S&P 500 gathered enough power to sway stocks regardless of those factors, everything changed. Now, market sell-offs can happen because of index futures rather than actual fundamentals, […]
Read moreFacebook shares sit on the brink of entering a very exclusive club. The company’s stock on Friday nudged up 1 percent, even as the broader market for tech stocks slipped, to set a new closing high of $172.45. The shares rose for a second straight day after the company reported second-quarter sales, profit and user […]
Read moreShares of online real estate broker Redfin hit the public market on Friday in a $138.5 million IPO. The stock popped 44.7 percent headed on its first trading day. The stock was listed on the Nasdaq under the symbol “RDFN.” The 9.23 million share offering priced at $15 a share, above the expected price range […]
Read more
U.S. equities closed well off session lows on Friday investors shook off a sharp pullback from Amazon.com. The Nasdaq composite ended 0.1 percent lower at 6,374.68 after falling as much as 0.7 percent. The tech heavy-index climbed its lows as Facebook, Netflix and Google-parent Alphabet erased earlier losses. The Dow Jones industrial average closed 33.76 […]
Read more
U.S. oil prices surged toward the key $50-a-barrel level this week, but the rally likely has little gas left in the tank, analysts say. West Texas Intermediate crude futures tacked on about $4 a barrel, or 8.6 percent, this week to $49.71 for their best weekly performance all year. International benchmark Brent crude rose about […]
Read moreExpress Scripts‘ president and CEO Tim Wentworth was peppered with questions about Amazon on its earnings call earlier this week. Wentworth, who runs one of the largest pharmacy benefits management organizations — otherwise known as PBMs — appears to have contemplated this question quite a bit. “So as I think about Amazon and what they […]
Read more