DIRS.INFO The most relevant business & tech news

☆ Here's how to invest with 5 of 6 key economic indicators signaling that a recession is on the horizon, according to the multi-asset solutions head at $700 billion Federated Hermes
▼ + stars: | 2023-10-25 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Growth will wilt under the pressure of perpetually high interest rates, Chiavarone said, though he added that rolling recessions across industries are more likely than a sudden, 2008-style downturn. Higher-for-longer interest rates are the biggest threat to the US economy, Chiavarone said. Goldman SachsEighteen months of tightening financial conditions will have a profound impact on the economy, Chiavarone said. The multi-asset solutions head is watching how corporations respond next year when they're forced to refinance debt at much higher rates. Since they have plenty of cash on hand, these companies aren't reliant on external financing and can avoid exposure to lofty interest rates.

Persons: Goldman Sachs, Steve Chiavarone, Hermes, Chiavarone, it's, they're Organizations: Federated Hermes, Treasury, Federated, Federal, Fed, Companies, Consumer, Vanguard Consumer, ETF, Healthcare, Utilities, Vanguard Utilities

☆ Don't be fooled by strong economic growth. A recession could still be right around the corner.
▼ + stars: | 2023-10-23 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The investment firm said it wouldn't be a surprise if the economy showed strong growth right before a recession started. "In the last 12 recessions, the quarter before the economy went into a recession, growth was positive and robust." AdvertisementAdvertisementInvestors shouldn't be fooled by strong GDP growth in the next quarter or two, as an economic recession could still be right around the corner. That's based on the fact that prior recessions saw solid economic growth in the quarter right before the recession started, according to data from Raymond James. "In the last 12 recessions, the quarter before the economy went into a recession, growth was positive and robust—registering an average growth rate of 2.6%.

Persons: Raymond James, —, Larry Adam, Raymond James Strong, Adam, he's, Bill Gross, Gross, Wharton, Jeremy Siegel, Siegel Organizations: Service, Atlanta Federal

☆ Jim Cramer urges patience before buying stocks this week. Here's why
▼ + stars: | 2023-10-23 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer said investors shouldn't read too much into Monday's stock moves, suggesting more important information to guide strategy will come later in the week. "What should matter to you is how individual companies are doing, and today we had nothing that smacks of actual fact about what stocks are going to do," Cramer said. Cramer suggested that bond yields pulled back from their highs because of prominent hedge fund manager Bill Ackerman's Monday post on X, formerly known as Twitter. To Cramer, this kind of move is not something investors should hedge their bets on. Cramer recommended investors focus on their stocks' earnings reports and whether they can perform well when interest rates are high and there's tension in the Middle East.

Persons: CNBC's Jim Cramer, shouldn't, Cramer, Bill Ackerman's, Ackerman, — Organizations: Twitter Locations: Israel

Investors were handed an income opportunity they haven't seen in more than a decade when the 10-year Treasury yield climbed near 5% on Thursday. US10Y 5Y mountain 10-year Treasury A 5% yield on the 10-year is a good value, said Kathy Jones, Charles Schwab's chief fixed income strategist. A real yield is a bond's nominal yield minus inflation. "With the 10-year yield nearing 5%, it could be your sign to pick them up." There is also the Vanguard High Dividend Yield ETF (VYM) , which has lost 2.59% and charges 0.06% in fees.

Persons: Barry Glassman, Kathy Jones, Charles Schwab's, Callie Cox, Schwab's Jones, Amy Arnott, Morningstar, Arnott, Cox, John Croke ,, Jones, Morningstar's Arnott Organizations: Treasury, Wealth Services, LendingClub, Vanguard Locations: eToro

☆ Make these 6 moves now to capitalize on one of the best long-term investing outlooks in over a decade, according to JPMorgan's $2.9 trillion asset management arm
▼ + stars: | 2023-10-19 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

Investors shouldn't be scared off by slower economic growth caused by higher-for-longer interest rates and inflation, according to JPMorgan Asset Management (JPMAM). For reference, JPMAM called for forward long-term returns of 4.3% in 2021. The firm added that productivity gains from AI will likely add a tenth of a percentage point to global growth in the next decade. The long-awaited reversal for international stocks won't happen overnight, JPMAM strategists said. The firm is highly optimistic about the asset class after its brutal multi-year selloff and expects 4.6% and 5.1% long-term returns for those groups, respectively.

Persons: it's, JPMAM, David Kelly, Kelly, Monica Issar, Grace Koo, —, they're, Bob Michele, who's, he's, Bonds, REITs Organizations: Asset Management, Federal Reserve, European Central Bank, US, JPMorgan, Management, Fed, JPMorgan Asset Management, Investors Locations: Europe, Australasia, Real

☆ Jim Cramer’s guide to investing: Don’t look past a bad balance sheet
▼ + stars: | 2023-10-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer stressed that investors shouldn't fall in love with a company if it has a poor balance sheet. Cramer said he became enamored with Walt Disney for the CNBC Investing Club's Charitable Trust, sticking by the company "through thick and thin" even as the company's balance sheet seemed weak and its stock plummeted. According to Cramer, Disney made poor choices that started to weaken its balance sheet over the past few years, including bringing on bad management. But after two years of Chapek, Disney brought former CEO Bog Iger back on board, and Cramer said the company has been making progress on its balance sheet since then. He said he still believes in Disney's franchises, and he even bought more of Disney on weakness for the charitable trust.

Persons: CNBC's Jim Cramer, Cramer, Walt Disney, Disney, Bob Chapek, that's Organizations: CNBC, Disney

How GLP-1 drugs work Sorting through the facts reveals some likely winners and losers. LLY YTD mountain Eli Lilly shares year to date performance It is still early days for GLP-1 medications. Many have seen the rise of GLP-1 drugs as a threat to the medical device industry. Also, not all patients are able to tolerate GLP-1 drugs, which can cause side effects such as nausea. Among other medtech stocks, Plovanic sees GLP-1 drugs as an "incremental positive" for Dexcom, which makes continuous glucose monitors (CGMs), but an "incremental negative" for insulin pump makers like Insulet.

Persons: Insulet, Medtronic, Dexcom, BAX, NASH, Eli Lilly, Peter Verdult, Lilly, Eli Lilly aren't, Piper Sandler, Wegovy, Yasmeen Rahimi, Robbie Marcus, Marcus, hasn't, Baxter, David Low doesn't, William Plovanic, Craig Wong, Pan, Plovanic, Matt O'Brien, O'Brien, Rippling, Simeon Gutman, Morgan Stanley, Gutman, — CNBC's Michael Bloom Organizations: Novo Nordisk, Baxter International, Baxter, GLP, Citi, Novo, Bank of America, Viking Therapeutics, Pharmaceuticals, Pfizer, Amgen, Companies, Fisher, Reuters, Inspire, Systems, JPMorgan, RBC Capital, Walmart, underperformance Locations: GLP, U.S, DaVita, ResMed

☆ Cramer says don't make any moves right before a company's earnings report
▼ + stars: | 2023-09-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Friday told investors not to make any major stock moves right before a company's quarterly report. "You shouldn't try to play the earnings game, meaning don't trade stocks on the basis of what you're expecting from their quarterly numbers," Cramer said. Cramer used chipmaker Micron as an example of why it's important to wait and assess earnings before buying or selling. The company released its quarterly report earlier this week, with revenue beating Wall Street's expectations. Cramer conceded that there are some instances where one might not be able to make moves after the report.

Persons: CNBC's Jim Cramer, Cramer, It's, that's Organizations: Micron

☆ Jefferies upgrades this pharma stock, citing overlooked 'blockbuster' drug opportunities
▼ + stars: | 2023-09-25 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

AstraZeneca's tozorakimab drug for chronic obstructive pulmonary disease also seems underappreciated, with a potential to reach $4.5 billion in peak sales, according to Jefferies. The firm also suggests up to $3.5 billion in sales for AstraZeneca's eplontersen , a drug aimed at treating hereditary transthyretin-mediated amyloid polyneuropathy. The pharmaceutical giant is also poised to be the frontrunner in breast cancer treatments. Another one of AstraZeneca's breast cancer therapies, also being developed with Daiichi Sankyo, came out with positive news Friday. Its experimental precision drug datopotamab deruxtecan demonstrated an improvement in slowing the progression of a common type of breast cancer in a late-stage trial.

Persons: Peter Welford, Welford, AstraZeneca's, Jefferies, AstraZeneca's eplontersen, transthyretin, deruxtecan, Pascal Soriot's, — CNBC's Michael Bloom Organizations: AstraZeneca, Jefferies, AstraZeneca's, Japan's, pharma Locations: Japan's Daiichi

☆ The stock market just entered its weakest 10-day stretch of the year
▼ + stars: | 2023-09-19 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The stock market just entered its weakest 10-day stretch of the year, according to Bank of America. The bank highlighted that the last 10 days of September are especially weak when the first half of the month is down. But seasonal data suggests the stock market can recover and have a better year-end after it escapes September. The S&P 500 is already down 0.60% so far this week. With no major support levels having yet been broken in the stock market, Suttmeier maintains his bullish tilts towards equities, with the view that the S&P 500 is still in a secular bull market that could last for a few more years.

Persons: bode, Stephen Suttmeier, shouldn't, Suttmeier Organizations: Bank of America, Service Locations: Wall, Silicon

☆ Bank of America calls this clean energy tech stock a 'diamond in the rough'
▼ + stars: | 2023-09-19 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Bank of America thinks Array Technologies is a growth story investors shouldn't miss. The firm reiterated a buy rating on the solar tracking company with a $30 per share price target and added Array to its US 1 list on Tuesday. Analyst Julien Dumoulin-Smith labeled Array stock as a standout "in a sector lacking confidence," and said the company is a "margin story with a growth option with both still underappreciated." The analyst added that as tightening credit and rising interest rates create a volatile market, Array presents an attractive buying opportunity. "We suspect investor preference for structural growth stories with minimal interest rate exposure will persist," he said.

Persons: shouldn't, Julien Dumoulin, Smith, Dumoulin, — CNBC's Michael Bloom Organizations: of America, Wall

☆ This individual investor favorite has endured even as other meme stocks fell from favor
▼ + stars: | 2023-09-17 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Retail traders have made the leap from so-called meme stocks , including GameStop and AMC , over the past few years. All the while, Tesla inflows from retail traders have mostly climbed in the past half decade, according to data analyzed by Vanda Research. "It's a growth stock, but it's really a hopes-and-dreams stock," said Irwin, who covers Tesla and other clean technology stocks. Tesla's climb also comes amid a broader buy in from retail investors in their favorites. "This is probably a golden era for Tesla," Irwin said.

Persons: Tesla, —, Roth, Craig Irwin, Irwin, it's, Elon Musk, Ford, hasn't, Dan Levy, Toyota's Organizations: GameStop, AMC, Vanda Research, Trust, General Motors, Barclays, Toyota Locations: Wall, U.S, China, Europe

☆ Your 401(k) could have these hidden risks, experts say. Here’s what employees need to know
▼ + stars: | 2023-09-14 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

mapodile / GettyAfter several interest rate hikes from the Federal Reserve, many have braced for stock market volatility in their 401(k) plans. But experts say some plans could face another risk: employer bankruptcy. The risks of guaranteed interest accountswatch nowGalli said there's also a hidden risk with "guaranteed interest accounts," a common 401(k) asset that provides interest for a set amount of time. When a 401(k) plan shuts down, employees may see "adjustments" to their guaranteed interest accounts, which reduce the assets' value. Consider rolling over old 401(k) accounts

Persons: Dan Galli, Daniel J, Galli, Ashton Lawrence, there's Organizations: Getty, Federal Reserve, Galli & Associates, Ashton, Mariner Wealth Advisors Locations: Norwell , Massachusetts, Greenville , South Carolina

☆ After Birkenstock's 'Barbie' bump, iconic footwear brand seeks a big part in IPO market
▼ + stars: | 2023-09-13 | by ( Natalie Rose Goldberg | ) www.cnbc.com time to read: +10 min

Footwear companies have found recent success going public market, but not all by any means over the longer-term. In more recent history, the brand has collaborated with Rick Owens, Dior, and Manolo Blahnik, among many other big names in fashion. The current IPO market landscape The IPO market has been all but frozen since the pandemic stock offering boom crashed, and successful IPOs have included iconic brands, such as the Johnson & Johnson spinoff of its consumer health business which includes Tylenol and band-Aids in the Kenvue IPO. Still, while Kenvue was the biggest deal of the year, it's barely holding onto its IPO price today, according to CNBC and Renaissance Capital data, and the IPO market overall hasn't performed great after listing. The two potential paths of a footwear IPO can be tracked by the histories of Crocs and Allbirds.

Persons: Nordstrom, Jeff Greenberg, what's, Johann Adam Birkenstock, Birkenstock, Angelo Bochanis, Oliver Reichert, outsized, Reichert, Konrad Birkenstock, Johann, Karl, Konrad, Margo Fraser, Kim Knott, Kate Moss, Corinne Day, Rick Owens, Dior, Manolo Blahnik, Jeremy Moeller, Barbie, Margot Robbie, Johnson, Kenvue, it's, hasn't, Mark Cohen, Cohen, Jamie Dimon, Dimon, Bochanis, " Cohen Organizations: Universal, Getty, New York Stock Exchange, Nasdaq, Holding, Renaissance, Consumers, British Elle, Brand, CNBC, Columbia Business School, Facebook, Wall, JPMorgan, Company Locations: Merrick, , Miami, Germany, America, California, British, Arizona, It's, U.S

☆ Morgan Stanley: Buy these 9 stocks with up to 43% upside to hedge against the risk of a downturn for an overvalued market
▼ + stars: | 2023-09-13 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

US stocks are set to give up almost all of their year-to-date gains, according to Morgan Stanley. Investors are starting to gravitate toward high-quality growth stocks despite high interest rates, according to Morgan Stanley. 9 defensive stocks to buy nowIn his note, Wilson updated Morgan Stanley's fresh-money buy list of stocks worth owning now. Despite what the name might suggest, these aren't new recommendations, but are rather firms that Morgan Stanley is very bullish on. Morgan StanleyBelow are the nine names on Morgan Stanley's fresh-money buy list, along with the ticker, market capitalization, sector, price target, and percent upside to that target for each.

Persons: Morgan Stanley, Morgan, that's, Mike Wilson, Morgan Stanley's, Wilson

☆ A 'rolling recession' in the US could morph into a full-blown slump - and the Fed's unlikely to slash interest rates in 2024, top strategist says
▼ + stars: | 2023-09-11 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

The US economy is in a "rolling recession" and a full-blown downturn looms, Liz Ann Sonders says. Charles Schwab's chief investment strategist doesn't expect a bunch of interest—rate cuts in 2024. "The leading indicators have absolutely imploded," Liz Ann Sonders, the chief investment strategist at Charles Schwab, said during a recent episode of "The Meb Faber Show." "We've never seen this kind of deterioration in leading indicators" outside of an ongoing recession, she added. Sonders was referring to The Conference Board's Leading Economic Indicators (LEI), which fell for a 16th straight month in July.

Persons: Liz Ann Sonders, Charles Schwab's, doesn't, Charles Schwab, Faber, We've, Sonders, that's, it's Organizations: Service, shouldn't, Conference, Federal Reserve, Avatar Associates Locations: Wall, Silicon

☆ Top Wall Street analysts select these dividend stocks to enhance returns
▼ + stars: | 2023-09-10 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

To that effect, here are five attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance. The analyst increased his price target for Verizon stock by $1 to $40, while maintaining AT&T's price target at $17. Also, he expects the prospects for improved free cash flow to lower net debt leverage and support the dividend payments. That said, with expectations of higher cash flow generation, Crum said that "the company should have more flexibility around growing its dividend going forward." (See Hasbro Stock Chart on TipRanks)Dell TechnologiesNext up is Dell (DELL), a maker of IT hardware and infrastructure technology, which rallied after its fiscal second-quarter results far exceeded Wall Street's estimates.

Persons: Hans Vestberg, Brendan McDermid, Wall, Michael Rollins, Rollins, MDT, Rick Wise, Geoff Martha, Wise, Drew Crum, Crum, TipRanks, Amit Daryanani, Daryanani, Dell Organizations: DELL, Verizon, New York Stock Exchange, Analysts, Verizon Communications, Citi, AT, Verizon Hedge, Hasbro, Dell Technologies, Dell, TipRanks, GPU, Walmart, &' $ Locations: New York, U.S

☆ Apple lost over $200 billion in market value in two days. Here's where Jim Cramer stands on the stock
▼ + stars: | 2023-09-07 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

Jim Cramer said Thursday he stands by the Club's "own it, don't trade it" designation on Apple, which was on a two-session losing streak that wiped out more than $200 billion in market value in the stock. "If I really felt like a disaster was coming, I would suspend" our mantra of "own it, don't trade it" on Apple stock, Jim Cramer said during the Club's Morning Meeting on Thursday. Apple is also extending efforts into emerging economies such as India, which like China has roughly 1.4 billion people. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer, shouldn't, Jim, Gina Raimondo, isn't, Apple, Wamsi Mohan, Daniel Ives, Ives, Jim Cramer's Organizations: Apple, Big Tech, Street Journal, Huawei, U.S . Commerce, Bloomberg, Bank of America, Wedbush Securities, U.S, The, CNBC, S3studio, Getty Locations: China, America, Beijing, Americas, Europe, India, Mong Kok District, Hong Kong

☆ This major bank's stock can rally 25% as dealmaking and consumer banking improve, HSBC says
▼ + stars: | 2023-09-07 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Investors shouldn't ignore Goldman Sachs as dealmaking regains steam and the consumer banking business turns a corner, according to HSBC. "Goldman Sachs is our preferred name in this sector," Martinez said in a note to clients. Goldman shares have underperformed the broader market with a 6.5% loss this year. Goldman could also see increased valuation multiples from strong earnings and returns on equity and tangible common shareholders' equity, the analyst said. Higher capital requirements or management talent leaves could also hurt shares, as could losses on sales of principal investments.

Persons: Goldman Sachs, Saul Martinez, Martinez, they've, Goldman, CNBC's Michael Bloom Organizations: HSBC, Valley Bank, Goldman, P Bank ETF Locations: Wednesday's

☆ This mega-cap tech hitting a 52-week high is proving to be the next big AI play after Nvidia
▼ + stars: | 2023-08-30 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Alphabet shares hit a 52-week high Tuesday after showcasing its AI and machine learning capabilities at its annual Cloud Next event. Bank of America's Justin Post said the search company was "flexing its AI muscle," adding that its AI capabilities are a major customer selling point and should be a positive driver for the stock. Along with the hardware updates, Alphabet revealed pricing for a suite of AI-powered tools for enterprise customers. At $30 a month, Citi's Ronald Josey called the contribution "material over time," and said the event should mitigate any "remaining overhangs" on Google's Cloud AI capabilities. Correction: Google shares recently hit a 52-week high.

Persons: Morgan Stanley, Brian Nowak, Nowak isn't, Bank of America's Justin Post, Citi's Ronald Josey, Justin Patterson, Doug Anmuth Organizations: Nvidia, Microsoft, Bank of America's, KeyBanc Capital, Google

☆ Here's why the surge in bankruptcy filings this year isn't as scary as it sounds
▼ + stars: | 2023-08-18 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Corporate bankruptcy filings have surged so far this year, already eclipsing the number of bankruptcies in 2022. But there are three reasons why bankruptcy filings aren't as scary as they sound, according to Carson Group. But according to Varghese, there are three reasons why investors shouldn't panic about the recent uptick in bankruptcy filings. But bond investors — even those who buy below-investment-grade debt — have not shown signs of worry. "Bond investors typically sniff out hard economic times for companies well ahead of other investors.

Persons: it's, Sonu Varghese, Varghese, —, Banks Organizations: Carson Group, Service, Bed, Valley Bank, Party, Treasury, Carson, Federal Reserve, Entrepreneurship Locations: Wall, Silicon

☆ Automakers are finally embracing lidar sensors. A few startups look like market-share winners
▼ + stars: | 2023-08-18 | by ( John Rosevear | In Jrosevear | ) www.cnbc.com time to read: +6 min

In this article INVZLAZROUSTINVZLAZROUST Follow your favorite stocks CREATE FREE ACCOUNTA Hesai lidar sensor on top of a vehicle in Shenzhen, China, July 10, 2022. Jade Gao | AFP | Getty ImagesFor investors in lidar startups, this has been a long time coming. After years of talk — and a SPAC boom in the sensor sector — automakers have finally started incorporating lidar units into their vehicles. Lidar, short for light detection and ranging, is a sensor technology that uses invisible lasers to create a detailed 3D map of the sensor's surroundings. Playing into investors' intense interest in self-driving technology, many lidar startups went public via mergers with special purpose acquisition companies, or SPACs, over the last few years.

Persons: LAZR, INVZ LAZR, Jade Gao, They're, Luminar, —, Omer Keilaf, Keilaf, Innoviz, Austin Russell, Russell, we'll, Tom Fennimore Organizations: AFP, Getty, BMW, Volkswagen, Refinitiv, Volvo, Polestar, Benz, Luminar Technologies, Bloomberg Locations: Shenzhen, China, Germany, U.S, SPACs, Orlando , Florida

☆ Buy this semiconductor stock that can rally more than 35% after an overdone sell-off, Rosenblatt says
▼ + stars: | 2023-08-17 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Investors shouldn't shy away from Coherent despite a lower 2024 forecast, according to Rosenblatt Securities. Shares sold off Wednesday after the company issued disappointing fiscal-year earnings guidance, dropping nearly 30%. "The good news is Coherent received very large 800G Datacom for AI orders in 4Q23 that drove Networking orders up 80% q.q [quarter-over-quarter]." Meanwhile, Genovese says Coherent could be the largest beneficiary of the growth of 800G optical transceivers, which streamline data transmission and gives the company ample exposure to AI. "COHR is the #1 beneficiary of 800G Optical demand for AI, in our opinion," he said.

Persons: Mike Genovese, Genovese, CNBC's Michael Bloom Organizations: Rosenblatt Securities Locations: 4Q23

☆ A recession is only delayed as the economy continues to lose steam. Here's exactly how 8 top strategists and money managers recommend investing in this turbulent market.
▼ + stars: | 2023-08-16 | by ( James Faris | ) www.businessinsider.com time to read: +9 min

Now, the inverse has happened as stocks rally, inflation steadily falls, and the labor market stays healthy. By any historical measure, this is still a really strong labor market," he said. "There's a lot of market concern — understandably so — about the sustainability of the strong labor market," Porter said. "There are clear signs that we're weakening at the margin," Schurmeier said of the labor market. "And they're able to thread the needle on the other part of their mandate, which is the labor market."

Persons: John Porter, Jason Draho, Porter, David Lebovitz, Lebovitz, they're, Draho, Jonathan Curtis, Curtis, Brent Schutte, Schutte, Jake Schurmeier, Schurmeier, they'll, shouldn't, Charles Lemonides, Lemonides, Greg Calnon, Calnon, Franklin Equity Group's Curtis, he's Organizations: Newton Investment Management, UBS Global Wealth, Asset Management, Franklin Equity Group, Workers, Northwestern, Harbor Capital Advisors, Fed, Goldman Sachs Asset Management, Franklin Equity

☆ To own great stock, you must prepare for the lows: Cramer
▼ + stars: | 2023-08-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Software company Nvidia, for example, is one of Cramer's longtime favorites — he even named his late dog after the stock. Last week, Nvidia stock was trending down, but according to Cramer, its long-term potential was worth short-term losses. According to Cramer, investors shouldn't buy Nvidia if they want an instant gain and can't tolerate a short-term loss. "Given that nobody even comes close to Nvidia in the AI business, I think its stock is a must own," Cramer said. "Now I can't tell you when to buy it, I can't tell you the price to buy it.

Persons: Jim Cramer's, —, Cramer, it's Organizations: CNBC, Software, Nvidia, Apple

Search resuls for: "Investors shouldn't"

25 mentions found