CNBC’s Jim Cramer remembers the days when kids bought the same brands as their parents, afraid that deviating would mean they were questioning their elders’ judgment. But now, consumer patterns are suggesting that the exact opposite idea has taken hold. “Customer loyalty? Hard thing to come by these days,” the “Mad Money” host said. “Now […]
Read moreDoubleLine CEO Jeffrey Gundlach said Tuesday that historical and economic indicators point to a likely buying opportunity for commodities such as oil and gold. “If you ever thought about buying commodities, … maybe you should buy them now,” Gundlach said in a webcast organized by his firm. He pointed out that by comparing total returns […]
Read moreCNBC’s Jim Cramer knows how hard it is to compare stocks using their individual valuations. The only tools investors really have to value a stock are the given company’s total addressable market and its price-to-earnings multiple, or the share price relative to the earnings per share. “In the end, valuing stocks is either totally straightforward […]
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Stocks could see more bumpy trading ahead, after the S&P 500 and Nasdaq each suffered their first three-day string of losses since August. But the seasonal tailwinds of December could take over and send stocks higher after more rocky trading, technicians and strategists say. “When you have a reversal like you had [Monday] traditionally you […]
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After a brutal rotation out of the technology stocks that came on the heels of the Senate passing its tax reform bill, CNBC’s Jim Cramer wanted to check in with tech. Tech stocks recovered on Tuesday after Monday’s storm of selling, caused in part by investors trying to buy shares of domestic companies that stand […]
Read moreAsia markets were set to begin Wednesday cautiously, following overnight declines in U.S. stocks. The S&P 500 posted its first three-day losing streak since August. Australian markets opened lower with the ASX 200 down 0.31 percent in early trade. Most sectors were lower, and the materials sector fell about 1.11 percent. Major mining names were […]
Read moreCNBC’s Jim Cramer remembers the days when kids bought the same brands as their parents, afraid that deviating would mean they were questioning their elders’ judgment. But now, consumer patterns are suggesting that the exact opposite idea has taken hold. “Customer loyalty? Hard thing to come by these days,” the “Mad Money” host said. “Now […]
Read moreBitcoin has almost doubled in value since November, when commodities king Dennis Gartman last disparaged the cryptocurrency. Bitcoin’s biggest bear still won’t bite, though. “Bitcoin on a volatile day moves 15 and 20 percent,” Gartman said on CNBC’s “Fast Money.” “How can you margin something that can move 15 to 20 percent on a regular […]
Read moreAnzu Partners has closed its debut tech fund at $128.4 million and plans to invest in anything but the next Facebook, CNBC has learned. The Washington, D.C.-baesd firm is instead looking to industrial opportunities, and hopes to land the next generation’s Foxconn, Dow Chemical or Cree Lighting. Anzu Partners’ Whitney Haring-Smith, who co-founded the firm […]
Read moreMicrosoft finance chief Amy Hood was complimentary of Google’s cloud computing unit on Tuesday, and had particularly flattering words for CEO Diane Greene. Speaking at the 2017 Wells Fargo Tech Summit in Utah, Hood said that Microsoft has been seeing Google’s rival cloud more frequently in a competitive setting. Microsoft’s Azure cloud service and Office […]
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