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We trimmed our positions shares in Morgan Stanley and Palo Alto Networks on Wednesday and Thursay, respectively, after nice moves higher for both stocks. Here's a closer look at what drove the moves in the portfolio's top five stocks this week. PANW YTD mountain Palo Alto Networks (PANW) year-to-date performance Palo Alto Networks came in No. Palo Alto has been a sizable outperformer since early April, which factored into our trim Thursday. DHR YTD mountain Danaher (DHR) year-to-date performance Danaher advanced 4.9% in the week to secure a second-place finish.
Persons: Morgan Stanley, Estee Lauder, Rainer Blair, OpenAI, Jim Cramer's, Jim Cramer, Jim, Brendan McDermid Organizations: Dow Jones, Nasdaq, Club, Palo Alto Networks, IBM, Palo Alto, Bank of America, Broadcom, Google, . Management, Wall Street, Apple, CNBC, Traders, New York Stock Exchange Locations: Thursay, China, Palo, Palo Alto, New York City, U.S
All three major averages closed higher for the week, driven by softer retail sales and consumer price data for April. And the data has been mostly good, with 78% reporting a positive earnings surprise and 60% delivering a positive sales surprise. But we will get earnings from three portfolio companies, including one of our two "own, don't trade" stocks. In the week ahead, three portfolio companies will report results, while it will be fairly slow for economic data, except for a couple of housing reports. Earnings : After a week without earnings from any Club stocks, we'll get three this coming week.
Persons: Dow Jones, Dow, we'll, TJX, Blackwell, Li Auto, James Hardie, Ralph Lauren Corporation, Booz Allen, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Justin Sullivan Organizations: Wall, Federal Reserve, Dow, Nasdaq, CPI, Palo Alto Networks, Palo, TJX Companies, Nvidia, Nexxen, Alto Networks, Video Communications, Trip.com, James Hardie Industries N.V, Nordson Corp, Keysight Technologies, ZIM Integrated Shipping Services, Lowe's Companies, Eagle Materials, Toll, ViaSat, Urban Outfitters, Target Corp, Devices, Dorian LPG, Dycom, Golden Ocean Group, Petco, Wellness Company, Sonoma, WSM, VF Corp, Star Bulk Carriers Corp, LiveRamp Holdings, Chemical & Mining Co, Grupo Supervielle S.A, BJ's Wholesale, Technologies, TD Bank Group, Intuit, Ross Stores, Booz Allen Hamilton Holding, Mesa Laboratories, Jim Cramer's Charitable, CNBC, Intelligence, SAP Center Locations: Palo Alto, Williams, Chile, San Jose , California
The S & P 500 on Wednesday closed above 5,300 for the first time ever. The last time the S & P 500 Short Range Oscillator was this overbought was back in December. The upswing picked up after the S & P 500's most recent bottom on April 19 and pushed to this week's records. .SPX 1Y mountain S & P 500 - 1 year There is no telling whether the current overbought market will follow a similar pattern. Perhaps more telling, four of the bottom six sectors saw earnings estimates revised higher since the end of the first quarter.
Persons: Dow, Morgan Stanley, Stocks, it's, Rather, Jim Cramer's, Jim Cramer, Jim, Victor J Organizations: Federal Reserve, Palo Alto Networks, CNBC, Visitors, New York Stock Exchange, Blue, Bloomberg, Getty
CNBC's Jim Cramer on Friday reviewed the performance of GigaCloud Technology , a company that offers business-to-business ecommerce systems for large parcel merchandise, like furniture. GigaCloud's stock has soared since it became public in 2022, putting up some great earnings reports, according to Cramer. But last fall, a report from short-seller firm Culper Research called some of the company's business methods into question. Culper also claimed an investigator it sent to some of the company's U.S. warehouses observed "laughably sparse activity" there. "If you take everything about the story at face value, then buying GigaCloud would be a no-brainer," he said.
Persons: CNBC's Jim Cramer, GigaCloud, Cramer, Culper Organizations: GigaCloud Technology, Research Locations: Asia, U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJim Cramer looks ahead to see if this market rally can continue'Mad Money' host Jim Cramer looks at next week's market game plan.
Persons: Jim Cramer
EverythingALS CEO Indu Navar and Chairman Bill Nuti talk ALS awareness month with Jim Cramer'Mad Money' host Jim Cramer sits down with EverythingALS CEO Indu Navar and Chairman Bill Nuti to discuss progress in the fight against ALS.
Persons: Indu Navar, Bill, Jim Cramer, Bill Nuti Organizations: ALS
Cramer's Lighting Round: Abercrombie & Fitch is a buy
  + stars: | 2024-05-17 | by ( Julie Coleman | ) www.cnbc.com   time to read: 1 min
Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest smarter.
Persons: Jim Cramer's
"Lots to love next week, but, look, for many it's really just going to be about Nvidia," he said. Cramer said he's expecting a solid quarter from Macy's on Tuesday and that Lowes 's report that day should be well-received. Wednesday after the bell brings a report from Nvidia, which Cramer suggested is "perhaps the most important earnings report of the year." He noted that the company's last quarter was good, adding that the upcoming quarter could be more of the same. Cramer said he expects Deckers to have solid earnings as its running shoe brand, Hoka, continues to gain traction.
Persons: CNBC's Jim Cramer, Cramer, he's, Lowes, Ralph Lauren Organizations: Nvidia, Palo Alto Networks, Devices, Target, Williams, Walmart, V.F, Corp, Intuit, Ross Stores Locations: Macy's, Sonoma, Snowflake
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Sprouts Farmers Market is a 'juggernaut', says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Abercrombie and Fitch, Excelerate Energy, Sprouts Farmers Market, and more.
Persons: Jim Cramer, Abercrombie, Fitch Organizations: Excelerate
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's something off about GigaCloud's story, says Jim Cramer'Mad Money' host Jim Cramer does his homework on GigaCloud Technology and weighs if he would recommend it for your portfolio.
Persons: Jim Cramer Organizations: Technology
Friday, May 17, 2024: Jim Cramer explains why he wants this chemical stock holding to come down moreJim and Jeff discuss the analyst call of potential volatility for this semiconductor stock. They also talk about the analyst upgrade of this chemical maker. Finally, they discuss this cybersecurity stock.
Persons: Jim Cramer, Jim, Jeff
Off the Charts: Will government stimulus & an easy Fed cost the markets in the long run'Mad Money' host Jim Cramer hits the charts to gauge if this market has staying power or if we're headed for disaster.
Persons: Jim Cramer
Jim Cramer does his homework on GigaCloud
  + stars: | 2024-05-17 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Jim Cramer does his homework on GigaCloud'Mad Money' host Jim Cramer does his homework on GigaCloud Technology and weighs if he would reccomend it for your portfolio.
Persons: Jim Cramer Organizations: Technology
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFriday’s rapid fire: Applied Materials, Cracker Barrel, Darden Restaurants, Take-Two Interactive and RobinhoodCNBC's Jim Cramer on Friday discussed the latest earnings reports and analyst calls on stocks outside the Investing Club's portfolio.
Persons: CNBC's Jim Cramer Organizations: Darden
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPalo Alto Networks should have 'good things to say' when reporting earnings, says Jim Cramer'Mad Money' host Jim Cramer looks at next week's market game plan.
Persons: Jim Cramer Organizations: Networks
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Friday's full episode of Mad Money with Jim Cramer — May 17, 2024"Mad Money" host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
Persons: Jim Cramer —, Jim Cramer
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market wrap: It's day two of muted action in the market, which was trading in a tight range on a light news day to close out the week. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, we're, OpenAI, Deere, Ralph Lauren, Jim Cramer's, Jim Organizations: CNBC, Tech, Devices, Broadcom, Nvidia, Microsoft, Palo Alto Networks, Palo, Walmart, TJX, Target, Williams, Coterra Energy, Jim Cramer's Charitable Locations: Palo Alto, Sonoma, Truist
A top Wall Street analyst's stellar endorsement of TJX Companies makes us want to buy more shares of the discount retailer. Matt Boss of JPMorgan — Jim Cramer's favorite retail analyst — said Friday that several off-price retailers, including Ross Stores , Burlington Stores , and Club holding TJX, were buys. One possible catalyst for TJX stock is the company's quarterly earnings report this coming Wednesday before the opening bell. Part of the reason is also the growing appeal in off-price retailers and discounters as consumers in higher and higher income brackets seek value. "I continue to think that Costco is the stock to buy off of Walmart," Jim said Thursday.
Persons: Matt Boss, JPMorgan, Jim Cramer's, , Boss, HomeGoods —, Jim, TJX, Walmart's, Jim Cramer, Jeff Greenberg Organizations: TJX Companies, Ross Stores, Burlington Stores, JPMorgan, Walmart, Costco, TJX, CNBC, Universal, Getty Locations: Maxx, Port St Lucie , Florida
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. It's a "muted market," said Jim Cramer, where "there's not much happening in any single place." DuPont de Nemours stock jumped over 2% after Jefferies analysts upgraded the materials name to a buy from hold rating. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, Jim, Jim Cramer's Organizations: CNBC, Dow, Nasdaq, DuPont de Nemours, Jefferies, DuPont, Palo Alto Networks, Street Locations: It's, Thursday's, Palo, Palo Alto
Applied Materials : Shares were slightly higher after the semiconductor equipment company reported better-than-expected results. "They're in the right spot, sweet spot," Jim Cramer said. "Too early to buy," Cramer said, noting the company also expects a few weaker quarters ahead. Robinhood Markets , Coinbase : Bank of America analysts double upgraded Robinhood to buy from underperform, citing rising retail engagement. "And Coinbase, they're talking about bitcoin accelerating.
Persons: Jim Cramer's, Jim Cramer, Gary Dickerson, Cramer, BTIG, it's Organizations: CNBC, Club, Darden, Olive Garden, LongHorn, Texas, Robinhood, Coinbase, Bank of America
Jim Cramer digs into Cracker Barrel's negative outlook
  + stars: | 2024-05-17 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Jim Cramer digs into Cracker Barrel's negative outlook'Mad Money' host Jim Cramer looks at Cracker Barrel's negative outlook and dividend.
Persons: Jim Cramer
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "I continue to think Costco is the stock to buy off of Walmart," Jim said Thursday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Dow, Morgan Stanley, Jim, Jim Cramer's Organizations: CNBC, Nasdaq, Palo Alto Networks, Honeywell, General, GE Healthcare, Costco, Walmart, Dow Locations: U.S
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: DraftKings is the one to buy in the sports betting space, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Accenture, Ouster, Vistra, PG&E, DraftKings, MP Materials, and Boston Scientific.
Persons: Jim Cramer, Vistra Organizations: Accenture, Boston Scientific Locations: DraftKings
Cramer’s Stop Trading: SharkNinja
  + stars: | 2024-05-16 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCramer’s Stop Trading: SharkNinjaCNBC’s Jim Cramer explains why he is keeping an eye on shares of SharkNinja.
Persons: Jim Cramer Locations: SharkNinja
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market was caught off guard by On Holding's 'gem of a quarter', says Jim Cramer'Mad Money' host Jim Cramer takes a look at two shoe retailers and their recent stock performance.
Persons: Jim Cramer
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