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☆ Cramer's bullish on Alphabet after earnings, would buy on a pullback
▼ + stars: | 2024-04-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer told investors he's pleased with Google parent Alphabet 's most recent quarter, lauding the company's proof of profitability. Cramer added that it underscores why his CNBC Investing Club Charitable Trust owns Alphabet, saying he'd buy the stock on a dip. But after listening to the company's conference call, Cramer was convinced that AI is helping search, which in turn helps advertising revenue. According to Cramer, another reason for Alphabet optimism is the success of its cloud business, which he noted boasts clients like Mercedes-Benz , Cintas and Walmart . He added that he's happy with another arm of the business, YouTube, saying it's a big positive in the company's ad revenue growth.

Persons: CNBC's Jim Cramer, he's, Cramer, he'd Organizations: Google, CNBC, Club Charitable Trust, Benz, Cintas, Walmart, YouTube

☆ Cramer says Amazon and Google stocks are still buys, despite antitrust lawsuits
▼ + stars: | 2023-09-26 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Tuesday shared his opinions on two antitrust lawsuits involving tech giants Amazon and Alphabet -owned Google, contending that neither company is a true monopoly. "I'm sure Google and Amazon would love to be actual monopolies, and they may have been real tough competitors, but neither of them has that kind of scale," Cramer said. Cramer argued that Google has a powerful contender in Microsoft and its search engine Bing. He added that Apple agreed to the deal with Google because consumers prefer its search engine. Correction: Jim Cramer shared his opinions about the Big Tech antitrust cases on Tuesday.

Persons: CNBC's Jim Cramer, Cramer, Bing, Eddy Cue, Jim Cramer, Jim Cramer's Organizations: Google, Justice, Apple, Microsoft, Federal Trade Commission, Amazon, Amazon Prime, Big Tech, CNBC, Club, Club Charitable Trust Locations: Amazon

☆ Ahead of Powell's Friday speech, Cramer says the Fed chair is 'not done slamming the brakes on the economy'
▼ + stars: | 2023-08-24 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Powell's speech last year at this time sent stocks plummeting, and Cramer said it might be similar this time around. Cramer feels that Powell is likely not finished tightening, and he advised investors to hold on to good companies while being prepared for the pain. "I think Powell's goal is to create an environment where, if you wait, things will ultimately get cheaper, and because we aren't there yet, he's not done slamming the brakes on the economy," Cramer said. "We think Powell's speech from on high just might be our chance to get into the stocks of our favorite stocks and get a little more exposure to the broader economy," Cramer said. "Meaning the stocks might get hit tomorrow, but their businesses will do just fine regardless of what the Fed actually does."

Persons: CNBC's Jim Cramer, Jerome Powell's, Cramer, Powell Organizations: CNBC, Club Charitable Trust, Apple, Nvidia Locations: Jackson Hole , Wyoming

☆ Cramer sours on Johnson & Johnson as lawsuits pile up
▼ + stars: | 2023-07-31 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Monday explained his decision to cut Johnson & Johnson from the Investing Club Charitable Trust. The company has faced thousands of lawsuits in recent years, many alleging that its talc baby powder and other talc-based products cause cancer. "I simply can't have a position that's precarious because of litigation, not because of the fundamentals," Cramer said. Cramer said he originally thought J&J would be able to reach a settlement with plaintiffs, and was optimistic about the company's performance aside from its lawsuits. Johnson & Johnson did not immediately respond to requests for comment.

Persons: CNBC's Jim Cramer, Johnson, Cramer, he's, that's, Hope Organizations: Charitable Trust, J

☆ Cramer's sharing terminology to help investors make sense of earnings season
▼ + stars: | 2023-07-25 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer knows that executives rarely sound the alarm when something is wrong at their company. Cramer broke down the companies he's watching into categories: Continually good quarter (or continued excellence), first good quarter, last bad quarter, first bad quarter and confusing quarter. Cramer first listed companies that are experiencing "continually good quarters," including homebuilder PulteGroup and paint maker Sherwin-Williams . Cramer said he thinks the company is having its "last bad quarter," which could present a buying opportunity. Cramer pointed to aerospace giant RTX , formerly known as Raytheon Technologies, as a company likely experiencing a "first bad quarter," plagued by an engine recall.

Persons: CNBC's Jim Cramer, Cramer, that's, Sherwin, Williams, Next Cramer, there's Organizations: Federal, Electric, Google, CNBC, Club Charitable Trust, Raytheon Technologies, GE HealthCare

☆ Jim Cramer gives his game plan for the week ahead, with Nike and Walgreens set to report
▼ + stars: | 2023-06-22 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer gave investors his game plan for the week ahead, with big names such as Nike and Walgreens set to report. However, with its 6% dividend yield, Cramer is wondering whether its stock could shoot up if its report lines up with consensus estimates. Cramer thinks this stock will be undervalued now compared with next year because generative artificial intelligence uses a lot of memory. Thursday will bring results from Nike , which Cramer said is the most important company to report this week. "Please, if you're a trader, wait until you hear the forecast on the conference call before you pull the trigger because Nike's a forecast stock, not a results stock."

Persons: CNBC's Jim Cramer, Cramer, —, Mills, he's Organizations: Nike, Walgreens, Apple, Meta, Nvidia, Tesla, Microsoft, Amazon, Walgreens Boots Alliance, Micron, Hoka, Brands, Constellation Brands, Constellation, CNBC, Club Charitable Trust Locations: China, U.S, Modelo

☆ Cramer says the money's in tech this year, tread carefully when it comes to any other sector
▼ + stars: | 2023-05-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

The safest spot for your money right now is tech -- otherwise, tread carefully. "That's the defining feature of this market, because if you stray from a small portion of the tech complex, you're gonna be destroyed." The industries seeing losses on the market right now include energy, utilities, healthcare, real estate, consumer staples, materials, industrials and even banks, especially regional ones. Real estate is being badly burned as remote work persists, with office building owners like Boston Properties and Alexandria Real Estate seeing huge losses. To Cramer, tech is only immune to this widespread turmoil because of the boon that is generative AI.

Persons: CNBC's Jim Cramer, Cramer, Leidos, GPT Organizations: Moderna, CVS, Boston Properties, CNBC, Club Charitable Trust, Nvidia Locations: Real, Alexandria

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