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☆ Cramer explains how to maintain a 'balanced' portfolio as the economy slows
▼ + stars: | 2024-05-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

He said it's wise for investors to maintain a balanced portfolio and prepare to weather some losses. He named the usual Big Tech high achievers —Nvidia , Meta , Alphabet , Amazon and Apple — as well as pharmaceutical stocks Merck and Pfizer . So he also suggested investing in companies poised to soar when the Fed starts to bring rates down, like Builders FirstSource . "If you put all your money in stocks that need rate cuts to win, you will be slaughtered," Cramer said. Meta, Alphabet, Amazon, Apple, Merck, Pfizer and Builders FirstSource did not immediately respond to a request for comment.

Persons: CNBC's Jim Cramer, I'm, Cramer, Apple —, you'll, Builders FirstSource Organizations: Federal Reserve, Big Tech, Nvidia, Meta, Apple, Merck, Pfizer, Fed, Builders

☆ Cramer's Lightning Round: CME Group is a buy
▼ + stars: | 2024-05-07 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Stock Chart Icon Stock chart icon Caterpillar's year-to-date stock performance. Stock Chart Icon Stock chart icon C3.ai's year-to-date stock performance. Stock Chart Icon Stock chart icon CME Group's year-to-date stock performance. CME Group : "[buy, buy, buy!] Stock Chart Icon Stock chart icon Tesla's year-to-date stock performance.

Organizations: CME

☆ Reddit CEO talks advertising, says consumers and companies are attracted to the platform
▼ + stars: | 2024-05-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

"People are on Reddit talking about what they love to do or what they're going to do. And so, it makes a not only fun experience around communities, but a really natural connection with ... a company's customers." Huffman described the variety of communities on Reddit and highlighted that many revolve around a certain hobby or interest. He said one of the things people do when they discover a new hobby is to discuss what gear they're going to buy in their Reddit community. One windfall for Reddit is its ability to attract and retain users of varying ages, Huffman said.

Persons: Reddit's, Steve Huffman, CNBC's Jim Cramer, Huffman, Wall, they're Locations: Reddit

☆ Ahead of earnings, Cramer says many retailers have raised prices too high
▼ + stars: | 2024-05-06 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

To Cramer, McDonald's earnings' disappointed last week because its products have become too expensive. He said consumers no longer consider the burger chain to have bargain prices, something the the company could be reluctant to admit. Cramer also said Starbucks ' coffee may be too expensive, adding he's disappointed management doesn't seem to be talking about rolling back prices. Cramer also discussed how Dollar General and Dollar Tree might shape up against outfits like Walmart and Costco . McDonald's, Starbucks, Target, Dollar General, Dollar Tree and Costco did not immediately respond to requests for comment.

Persons: CNBC's Jim Cramer, Cramer, doesn't Organizations: Nordstrom, Walmart, Costco, Starbucks, Target

☆ Cramer's Lightning Round: Quanta Services is 'terrific'
▼ + stars: | 2024-05-06 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon AeroVironment's year-to-date stock performance. Stock Chart Icon Stock chart icon Nutanix's year-to-date stock performance. Stock Chart Icon Stock chart icon Altimmune's year-to-date stock performance. Stock Chart Icon Stock chart icon CVR Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Quanta Services' year-to-date stock performance.

Persons: it's Organizations: Mines, Eagle Mines, CVR Energy

☆ Jim Cramer says the sell off may be over, pointing to corrections in Big Tech
▼ + stars: | 2024-05-06 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer said the market sell-off may have reached an end, noting that the averages rallied on Monday and "maybe the worst is behind us." '"I think the sell-off could finally be over," he said. "Stop waiting for a correction to give you better buying opportunities, we just had one for heaven's sake." Cramer listed several tech companies that have had notable losses over the past few months, including Nvidia and Microsoft . Microsoft rallied after solid earnings and cloud business success, according to Cramer, but it still declined along with the rest of the market.

Persons: CNBC's Jim Cramer, Cramer, he's Organizations: Nvidia, Microsoft, Federal

☆ Cramer says he likes Cracker Barrel, but investors should wait for more information before buying
▼ + stars: | 2024-05-03 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Friday analyzed Cracker Barrel 's business over the past few years, telling investors they should wait to buy the stock until the company gives a progress update on its conference call in two weeks. So as the competition raises prices to combat inflation, Cracker Barrel has less room to do so. Cramer also said he wants to know whether the company will cut its dividend. "I want to recommend Cracker Barrel, I really do," Cramer said. Cracker Barrel did not respond immediately to CNBC's request for comment.

Persons: CNBC's Jim Cramer, Cramer, Julie Felss Masino, Masino Organizations: Taco Bell

☆ Cramer's Lightning Round: GE Vernova is a buy
▼ + stars: | 2024-05-03 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon HCA Healthcare's year-to-date stock performance. Stock Chart Icon Stock chart icon GE Vernova' year-to-date stock performance. Live Nation Entertainment : "If it weren't for the fact that I fear a government investigation, I would say buy, buy, buy. Stock Chart Icon Stock chart icon Kyndryl's year-to-date stock performance. Stock Chart Icon Stock chart icon Dorian LPG's year-to-date stock performance.

Persons: it's, It's, Dorian LPG's, Dorian, I've Organizations: HCA, GE Vernova, GE

☆ Cramer's week ahead: Earnings from Disney, Uber and Warner Bros. Discovery
▼ + stars: | 2024-05-03 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday guided investors through the upcoming earnings-packed schedule on Wall Street, saying to focus on reports from companies such as Uber , Disney and Warner Bros. Since April's labor report was weaker than expected, he said investors can worry less about the Federal Reserve's next move. Monday brings earnings from Simon Property Group and Tyson Foods , the latter of which Cramer said he thinks could be a "bounce-back play." Wynn Resorts and Reddit also release earnings that day, and Cramer said he thinks both could put up solid numbers. Cramer will be paying attention to Uber's report on Wednesday, saying he wonders whether its earnings will be hurt by competition from Lyft .

Persons: CNBC's Jim Cramer, Cramer, Warren, Reddit, Airbnb, Robinhood Organizations: Disney, Warner Bros ., Federal, Berkshire Hathaway, American Express, Apple, Cola, Occidental Petroleum, Simon Property, Tyson Foods, Wynn Resorts, Lyft, Toyota, AMC Entertainment, Warner Bros, Discovery, National Basketball Association, Akamai Technologies, Federal Trade, Capri, Enbridge

☆ Cramer's Lightning Round: General Motors is a buy
▼ + stars: | 2024-05-02 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon OneMain's year-to-date stock performance. Stock Chart Icon Stock chart icon SoundHound's year-to-date stock performance. Stock Chart Icon Stock chart icon Cracker Barrel's year-to-date stock performance. Stock Chart Icon Stock chart icon General Motors' year-to-date stock performance. Stock Chart Icon Stock chart icon NextEra Energy's year-to-date stock performance.

Persons: It's, it's, we'll, Motors, NextEra Organizations: General Motors, Financial, Heartland Financial, NextEra

☆ Cramer says he's willing to pay up for Viking, the biggest IPO of the year
▼ + stars: | 2024-05-02 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Thursday reviewed the IPO of Viking , a cruise line whose market debut this week was the biggest of the year so far. And despite its hefty price tag, Cramer said he's willing to pay up for the stock. Viking stands apart from much of the competition — its ships don't have casinos, children aren't allowed, and it specifically targets a wealthy consumer. He conceded that Viking doesn't have a perfect balance sheet, but neither do the other publicly-traded cruise lines. But to Cramer, Viking deserves a premium.

Persons: CNBC's Jim Cramer, Cramer, he's, aren't, it's, Cramer , Viking, Viking's, Viking Organizations: Viking Locations: Iceland, Egypt

☆ Cramer says inflation data is driving market action, even during a major earnings week
▼ + stars: | 2024-05-02 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer said Thursday that investors need weaker figures from Friday's labor report if they want stocks to rally, adding that inflation data is what is truly driving market action. "I wish the market didn't work this way, but that's the reality, and it's why you need to bet against the U.S. economy tomorrow if you're hoping for higher stock prices." Cramer said he hates having to root against the economy, but investors are so focused on what "big picture data" might signal to the Fed that information such as the April jobs report controls market action — even during an influential earnings week. He also said the focus on the federal funds rate makes the stock market a "plaything" for those who want to bet on the Fed's next move. "It's absurd — it's the opposite of a stock picker's market."

Persons: CNBC's Jim Cramer, Cramer Organizations: Federal Locations: U.S

☆ Cramer's Lighting Round: Dell is a buy
▼ + stars: | 2024-05-01 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Stock Chart Icon Stock chart icon Matterport's year-to-date stock performance. Stock Chart Icon Stock chart icon Nextracker's year-to-date stock performance. Stock Chart Icon Stock chart icon Dell's year-to-date stock performance. Stock Chart Icon Stock chart icon Okta's year-to-date stock performance. Stock Chart Icon Stock chart icon Ford's year-to-date stock performance.

Persons: You've Organizations: Dell Locations: Ford

☆ Cramer says not to second-guess Fed Chief Powell after Wednesday's remarks
▼ + stars: | 2024-05-01 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer told investors to take Federal Reserve Chief Jerome Powell at his word when he said on Wednesday that it's unlikely there's a rate hike on the horizon, even as inflation remains stubborn. Although Powell's comments calmed many on Wall Street, Cramer said it's likely investors will become anxious again ahead of employment data set to be released Friday. Even though Powell didn't suggest there will be a rate cut in the near future, Cramer stressed that he managed to take "the dreaded rate hike scenario off the table." The Fed also decided it would slow the price of bond sales, which Cramer said is a "dovish sign." He just thinks that inflation will gradually go away on its own, making him more of a dove than a hawk," Cramer said.

Persons: CNBC's Jim Cramer, Jerome Powell, Cramer, Jay Powell — He's, Powell Organizations: Federal

☆ Tanger CEO explains the upside in replacing tenants and how outlets appeal to luxury brands
▼ + stars: | 2024-05-01 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Tanger CEO Stephen Yalof told CNBC's Jim Cramer on Wednesday why it can be more valuable to replace tenants instead of renewing leases. "We've traditionally, at least over the last couple of years, have renewed existing tenants at a rate of about 95%," Yalof said. He added that not renewing a tenant's lease doesn't mean Tanger is getting rid of them completely. Yalof also explained how Tanger appeals to luxury brands. Because "the customer is aspirational," he said outlets draw in new clientele that may not have considered these high-end brands otherwise.

Persons: Stephen Yalof, CNBC's Jim Cramer, Yalof Locations: Madison

It was the most times she had mentioned Trump at an event so far this year, according to a Biden campaign official. She also mentioned how abortion bans like the one going into effect in Florida on Wednesday threaten medical providers with criminal prosecution. “Donald Trump stripped away the rights and freedoms of women in America,” Biden said in Tampa. In remarks last month from Tucson, Arizona, she issued a blistering rebuke of the state’s Civil War-era ban while warning a second Trump term could see a possible federal abortion ban. “Part of a full-on attack, state by state, on reproductive freedom – and we all must understand who is to blame.

Persons: Kamala Harris, Biden, ratchets, Donald Trump, Harris, needled Trump, Trump, ” Harris, ”, Roe, Wade, Trump’s, ” Trump, “, Joe Biden, Fentrice Driskell, ” “, don’t, ” Driskell, it’s, Tampa –, “ Donald Trump, ” Biden, Jimmy Carter, …, Julie Chavez Rodriguez, Nikki Fried, ” Fried Organizations: Florida CNN —, Biden White House, Biden, CNN, Tampa, Republicans, Democratic, Duval County, Jacksonville, Trump, Democrats, Democratic Party, Mar, Florida Democratic Locations: Jacksonville, Florida, America, Tampa, Duval, Duval County, Trump, Tucson , Arizona, Arizona, New York, North Carolina , Pennsylvania, Los Angeles , Nevada , Wisconsin, Georgia, Gainesville , Miami, Orlando, Lago, Palm Beach

☆ Restaurant Brands' Patrick Doyle says Burger King's varied prices help customers burdened by inflation
▼ + stars: | 2024-04-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Restaurant Brands International 's Executive Chairman Patrick Doyle discussed the state of the consumer with CNBC's Jim Cramer, saying that menus with meals at varying price points help those who feel the weight of inflation. Restaurant Brands International owns a number of fast food chains, including Burger King, Popeyes and Tim Hortons. Doyle specifically discussed Burger King and indicated the chain can't just hike up prices when inflation is high. "We think we've got a great menu offering now that has higher end items and kind of entry level items," Doyle said. Restaurant Brands International reported solid earnings on Tuesday, and shares were up 2.72% by close.

Persons: Patrick Doyle, Jim Cramer, Burger, Popeyes, Tim Hortons, Doyle, Burger King, we've Organizations: Brands, Burger King, Restaurant Brands

☆ Cramer's Lightning Round: Don't sell Trade Desk
▼ + stars: | 2024-04-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Trade Desk's year-to-date stock performance. So I will tell you that even though it's a very expensive stock, it is a good stock. Stock Chart Icon Stock chart icon Edwards LifeSciences' year-to-date stock performance. Stock Chart Icon Stock chart icon Delta's year-to-date stock performance. Stock Chart Icon Stock chart icon Freeport-McMoRan's year-to-date stock performance.

Persons: Jeff Green, Edwards LifeSciences, Edwards, it's Organizations: Google Locations: McMoRan's, McMoRan

☆ Jim Cramer says interest rate worries helped bring on Tuesday's end of April sell-off
▼ + stars: | 2024-04-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

After a generally rough April, CNBC's Jim Cramer parsed Tuesday's market action, telling investors that anxiety about interest rates is a major reason stocks fell at the end of the month. All three broke a five-month winning streak, and the Dow Jones Industrial Average saw its worst monthly performance since September 2022. Cramer emphasized that much of Wall Street's attitude hinges on rate decisions made by the Federal Reserve, whose two-day meeting ends Wednesday. Cramer pointed to a survey released on Tuesday that suggested consumer confidence dropped to its lowest level since July 2022. Tuesday also saw data from the latest Chicago Purchasing Managers' Index, which could signal a weakening economy, Cramer added.

Persons: CNBC's Jim Cramer, Cramer, we've, who're, Jerome Powell, Jay Powell Organizations: Dow Jones, Federal Reserve, Chicago

☆ American Express CEO explains how the company is attracting younger consumers
▼ + stars: | 2024-04-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

American Express CEO Steve Squeri told CNBC's Jim Cramer on Tuesday how the company attracted more Millennial and Gen Z customers, saying the cohort made up 60% of new card acquisitions during the last quarter. Squeri said American Express realized that attracting younger clientele was a "key thing" for the company, so it was important to offer cards with a high enough value proposition for that group. Younger card holders create a greater "lifetime value" than older ones, as they will continue to use their American Express cards as they age, he added. "We used to go after them with a no-fee card, but a no-fee card didn't have a lot of benefits—that's why you pay no fee for it," Squeri said of Millennials and Gen Z. The younger customer base is also growing because more merchants accept American Express cards than in previous years, Squeri added.

Persons: Steve Squeri, CNBC's Jim Cramer, Squeri, Millennials, who's, Amex Organizations: American Express

☆ Trump doesn’t rule out political violence if he loses, and other takeaways from his Time interview
▼ + stars: | 2024-04-30 | by ( Steve Contorno | Kate Sullivan | ) edition.cnn.com time to read: +9 min

CNN —Former President Donald Trump wouldn’t dismiss the potential for political violence from his supporters if he isn’t elected in November, suggesting it would depend on the outcome of the presidential race. “I don’t think we’re going to have that,” the presumptive GOP nominee told Time magazine. It always depends on the fairness of an election.”The remarks came in a wide-ranging interview with the magazine that published Tuesday. But pressed by the magazine in a later phone interview, Trump was less definitive about the future. Throughout his political career, Trump has regularly refused to accept the results of an election or commit to a conceding defeat.

Persons: Donald Trump wouldn’t, ”, Benjamin Netanyahu’s, Trump, they’ll, ” Trump, Texas Sen, Ted Cruz, Hillary Clinton, Trump baselessly, Ron DeSantis, “ Will, “, Joe Biden’s, “ Donald Trump’s, ” Biden, Julie Chavez Rodriguez, Roe, didn’t, Netanyahu, – Trump, Netanyahu “, Soleimani –, Evan Gershkovich “, Alexey Navalny, Vladimir Putin, Navalny, Jamal Khashoggi, Prince Mohammed bin Salman, bin Salman Organizations: CNN, Time, Israel, Capitol, Texas, Florida Gov, Republican, Trump, Sunshine, Hamas, Capitol Hill, “, Wall Street, Kremlin, Saudi, CIA, United Nations Locations: Lago, Florida, Washington, Iowa, Florida , Texas, Arizona, Israel, Russia, American

☆ Same-Store Sales at Starbucks Drop, Pushing Revenue Down 1.8%
▼ + stars: | 2024-04-30 | by ( Julie Creswell | More About Julie Creswell | ) www.nytimes.com time to read: +1 min

Throughout the Covid pandemic, various supply chain issues and high inflation, Starbucks could still count on its consumers to buy their iced oat milk lattes. But that economic certainty may be in doubt after the coffee giant reported weaker-than-expected revenue and earnings in the latest quarter. Starbucks said on Tuesday that global revenue fell 1.8 percent, to $8.56 billion, while net earnings slid 15 percent, to $772.4 million, in the three months that ended March 31. Starbucks also lowered its revenue and earnings growth for the full year, reflecting the difficulties in the quarter. “It did not meet our expectations, but we understand the specific challenges and opportunities immediately in front of us.”

Persons: ” Laxman Narasimhan, ” Organizations: Starbucks Locations: United States

☆ Cramer says Apple's Monday rally doesn't have 'staying power' after analyst upgrade
▼ + stars: | 2024-04-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer was wary of Apple 's Monday rally, which he said was spurred by an analyst upgrade. On Monday, Bernstein's Toni Sacconaghi upgraded the stock from neutral to buy and said it's time to "buy the fear." Cramer said he's not trying to disregard Sacconaghi, who he called a "genuinely great analyst," but said he's an "Apple skeptic" who doesn't analyze the stock accurately. Cramer added that "it feels a bit suspect" that this moment is when Sacconaghi "climbs on the bandwagon" for Apple. "Apple rallied on an upgrade from an analyst who, historically, does not have a great understanding of this particular stock," Cramer said.

Persons: CNBC's Jim Cramer, Bernstein's Toni Sacconaghi, Sacconaghi, it's, Toni, Cramer, you've, he's, Apple Organizations: Apple, CNBC Locations: China

☆ 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's Lightning Round: Diamondback Energy is a buy
▼ + stars: | 2024-04-26 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Stock Chart Icon Stock chart icon Celsius' year-to-date stock performance. Stock Chart Icon Stock chart icon SLB's year-to-date stock performance. Stock Chart Icon Stock chart icon Diamondback Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Palantir's year-to-date stock performance. Stock Chart Icon Stock chart icon Travelers Companies' year-to-date stock performance.

Persons: SLB Organizations: Resources, Natural, Companies, Travelers Companies

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