DIRS.INFO The most relevant business & tech news

☆ We're buying back into a chipmaker that offers a new reason to own it
▼ + stars: | 2024-07-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

Shortly after the opening bell, we will be initiating a position in Advanced Micro Devices , buying 150 shares at roughly $184.35. Following the trade, Jim Cramer's Charitable Trust will own 150 shares of AMD, representing 0.80% of the portfolio. In his Sunday column, Jim called this the new reason to own AMD. 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's, Jim, MI300X, Lisa Su, Su, —, Ben Reitzes, Jim Cramer Organizations: Devices, AMD, Charitable Trust, Broadcom, VMWare, Oracle, Club, Microsoft, Micron, Taiwan Semiconductor Manufacturing Company, Nvidia, Silo, Melius, FactSet, IDC, Gartner, CNBC Locations: Europe, Wednesday's Homestretch

☆ Jim Cramer blasts Starbucks CEO in a CNBC interview after horrible quarter: 'I am stunned'
▼ + stars: | 2024-05-01 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +3 min

Jim Cramer on Wednesday blasted Starbucks CEO Laxman Narasimhan in a CNBC interview after the coffee giant delivered a terrible quarter and a guidance miss. The message from Narasimhan to Jim on TV: the quarter was bad due to China's choppiness and bad weather in the U.S. Jim questioned Narasimhan at every turn and strongly asked why Starbucks was still moving forward with expansion plans. Shortly after the CNBC interview, Cramer reflected on meetings he had with Narasimhan several times when he first took over as CEO from Howard Schultz. Jim's Charitable Trust, the portfolio used for the CNBC Investing Club , owns shares of Starbucks.

Persons: Jim Cramer, Laxman Narasimhan, Jim, Narasimhan, it's, China's, Tim Horton's, McDonald's, Dunkin, Cramer, Howard Schultz, that's, Jeff Marks Organizations: CNBC, Starbucks, U.S, Wednesday's, Trust, Club Locations: America, Japan, U.S

☆ Jim Cramer says he really likes the analyst call boosting PepsiCo stock but has one reservation
▼ + stars: | 2024-03-18 | by ( Paulina Likos | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer backs Wall Street's upgrade of PepsiCo but warns that weight loss drug risks could have a lasting impact on the beverage and snacks giant. Shares of PepsiCo rose 4% in Monday morning trading on a bullish call from Morgan Stanley. Morgan Stanley analysts did address GLP-1s in Monday research note, saying the long-term risk is real but manageable. They added this risk "seems more than priced in" to the valuation of PepsiCo stock. Novo Nordisk is the maker of Ozempic for diabetes and Wegovy for weight loss.

Persons: CNBC's Jim Cramer, Wall, Morgan Stanley, Cramer, he's, Eli Lilly Organizations: PepsiCo, Novo Nordisk, Trust, CNBC, Club

☆ We're trimming this bank stock after its curious 4% surge Monday erased its post-earnings losses
▼ + stars: | 2024-03-05 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Following the trade, Jim Cramer's Charitable Trust will own 1,400 shares of MS, reducing its weighting in the portfolio to 3.78% from 3.98%. The preliminary figure of this year's contribution is $157,500, which would bring our total donation since the inception of Jim's Charitable Trust to approximately $4.3 million. This sale will get our post-distribution cash position closer to 10% from about 9.5% pre-trade. (Jim Cramer's Charitable Trust is long MS. See here for a full list of the stocks.) Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Morgan Stanley, Jim Cramer's, Monday's, Jim Cramer, Jim Organizations: Trust, CNBC

☆ 6 rules to follow to invest like Jim Cramer from when to buy and sell and when to be patient
▼ + stars: | 2024-02-27 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

On the other hand, if you find a great company with a broken stock, the price will eventually follow the strong fundamentals. We didn't see anything on the earnings release or hear anything on the conference call that led us to believe otherwise. Look no further than Danaher 's fourth-quarter earnings release and price reaction. 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, aren't, it's, Omaha Warren Buffett, Patience, Nelson Peltz, Jim, he's, isn't, Jim Cramer's Organizations: CNBC, Bulls, Microsoft, Nvidia, Palo Alto Networks, Palo Alto, Palo, Investors, GE Healthcare, Abbott Labs, Omaha, Disney, ESPN, Charitable Trust, Investing, Broadcom, VMware, Jim Cramer's Charitable Locations: New York City, GLP1, cybersecurity

☆ Nvidia quarter not make or break. Why such drama has no place in our investment decisions
▼ + stars: | 2024-02-21 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Jim Cramer wondered. Nvidia is one of two "own it, don't trade it" stocks in Jim's Charitable Trust, the portfolio used for the CNBC Investing Club. 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, Jim, Trian's Nelson, Eli Lilly, BHC, Jim Cramer's Organizations: CNBC, Nvidia, Trust, Club, Apple Sports, Apple, Communication Services, Netflix, Disney, Fox, Warner Bros Discovery, Nordisk, Bros, Bausch Health, Jim Cramer's Charitable Locations: We're, Bausch

☆ 'Ring the register call' — That's how Jim Cramer describes a Caterpillar downgrade
▼ + stars: | 2024-02-20 | by ( Paulina Likos | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer said Tuesaday he sees a Wall Street analyst downgrade of heavy equipment maker Caterpillar as a "ring the register call." CAT 1Y mountain CAT stock performance. Caterpillar, whose shares were up roughly 26% over a three-month period, reported "an amazing quarter," Cramer said. "When you downgrade Caterpillar, you're downgrading the king." But Cramer booked profits and exited the stock in January due to profitability concerns down the road.

Persons: CNBC's Jim Cramer, Tuesaday, Evercore, Ingersoll Rand, TimkenSteel, Cramer Organizations: Caterpillar, Evercore ISI, Trust, CNBC

☆ Wall Street billionaires dump Alphabet. How they traded 7 other portfolio stocks as well
▼ + stars: | 2024-02-16 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

In the fourth quarter, specifically, shares of Alphabet rose 6.75%. Third Point owned Alphabet for less than a year , while Druckenmiller traded in and out of the stock in recent quarters. Some Wall Street veterans merely pared back their exposure to Alphabet in the quarter, including David Tepper's Appaloosa Management . Baupost Group — the hedge fund run by value investor Seth Klarman — sold about 23% of its Alphabet stock over the same stretch. Berkshire parted ways with about 10 million shares of the iPhone maker, leaving the conglomerate with more than 905 million shares, worth $174.35 billion, at the end of the quarter.

Persons: Dan Loeb's, Stanley Druckenmiller, Druckenmiller, David Tepper, David Tepper's, Seth Klarman —, Jim Cramer, Michael Bury, Bill Ackman's, Tepper, Druckenmiller —, —, Eli Lilly, Lilly, Danaher, Warren Buffett's Berkshire Hathaway, Buffett, Jeff Smith's, Marc Benioff, shouldn't, Jim, Jim Cramer's, Justin Sullivan Organizations: Club, Securities and Exchange Commission, SEC, Microsoft, Apple, Nvidia, Palo Alto Networks, Wall, Management, Bill Ackman's Pershing, Capital Management, Duquesne Family, Trust, CNBC, Warren, Berkshire, BNSF Railway, Geico, Inclusive, Jim Cramer's Charitable Locations: Palo, 13Fs, Jim's, Mountain View , California

☆ Cramer: Nvidia still likely to outperform other U.S. chipmakers despite China woes
▼ + stars: | 2023-10-25 | by ( Morgan Chittum | ) www.cnbc.com time to read: +1 min

The latest U.S. restrictions on AI chip sales in China won't dethrone Nvidia (NVDA) as the world's most valuable semiconductor company, CNBC's Jim Cramer said Wednesday. If you like this story, sign up for Jim Cramer's Top 10 Morning Thoughts on the Market email newsletter for free. The impact of the updated export controls will heat up competition in the U.S. market further, Cramer said on "Squawk on the Street." Shares of Nvidia, up a whopping 200% year-to-date, edged lower after Wednesday's opening. Nvidia, Alphabet and Microsoft are stock holdings in Jim's Charitable Trust, the portfolio used by the CNBC Investing Club.

Persons: CNBC's Jim Cramer, Jim Cramer's, Cramer Organizations: Nvidia, Devices, Intel, Microsoft, Trust, CNBC, Club Locations: U.S, China

☆ Jim Cramer says hope for China's approval of a key Broadcom deal sends shares higher
▼ + stars: | 2023-10-12 | by ( Morgan Chittum | ) www.cnbc.com time to read: +1 min

VMware (VMW) on Thursday jumped roughly 4% on reports that Broadcom's (AVGO) acquisition of the cloud and virtual machine company is likely to be approved by China shortly. China's State Administration for Market Regulation is expected to be granted conditional antitrust approval soon, according to trade publication Dealreporter. Approval of the $60 billion purchase will boost shares of chipmaker Broadcom significantly, CNBC's Jim Cramer said, citing the company's artificial intelligence efforts as another bonus. Cramer said that both stocks will continue trading higher despite an overall trying day for equities following a hotter-than-expected consumer price index print. "It's a bad day for the market because [Fed chief] Powell is a forgiving man and he's worried about the working person," Cramer said.

Persons: Jim Cramer's, CNBC's Jim Cramer, Cramer, Powell Organizations: VMware, Administration, Broadcom Locations: China

☆ 15 stocks with a history of dividend growth are expected to deliver once again this year
▼ + stars: | 2023-10-10 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +5 min

Broadcom (AVGO), Caterpillar (CAT) and Eli Lilly (LLY) are among the 15 Club stocks with a streak of annual dividend growth that Wall Street expects to continue in their current fiscal years. Long-term investors should look to own companies with a history of dividend growth instead of chasing stocks with high yields, Morgan Stanley strategists said in a note to clients this week. However, Morgan Stanley's note made us curious to screen our portfolio for stocks with strong dividend growth track records that are expected to persist. To help us project which stocks will keep their dividend growth streaks alive, we also examined analyst estimates for total per-share payouts in their current fiscal year. Bottom line In any case, dividend growth over time is certainly welcome and can help increase total investment return, assuming the distributions are reinvested instead of taking cash.

Persons: Eli Lilly, Morgan Stanley, Jim Cramer, —, Jim, Morgan Stanley's, Stanley Black, Decker, Eli Lilly Honeywell, we're, Gamble, Jim Cramer's, Spencer Platt Organizations: Broadcom, Caterpillar, Trust, Club, Companies, Natural Resources, Procter, Gamble, Emerson Electric, Apple, Broadcom Costco Wholesale, LIN, Microsoft, Oracle, CNBC, New York Stock Exchange, Getty

☆ Tyranny of the 10-year Treasury yield: Is Big Tech about to get a major valuation reset?
▼ + stars: | 2023-10-05 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

That's the key question all investors need to be asking themselves as the 10-year Treasury yield reaches 16-year highs. The 10-year Treasury yield, while taking a breather Wednesday, shot up this week to 4.8%, its highest level since 2007. 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, Jim, Warren Buffett, Baron Rothschild, Kevin McCarthy, they've, it's, opportunistically, Jensen Huang, Jim Cramer's, Jim Cramer Rob Kim Organizations: Treasury, Apple, Bulls, Federal Reserve, GOP, California Republican, U.S, AAA, U.S ., Nvidia, Club, Microsoft, Charitable Trust, CNBC, UAW Locations: California

☆ Here are the 8 trades and 3 price-target changes we made during a busy week
▼ + stars: | 2023-08-25 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +7 min

Monday Monday proved to be a harbinger for the rest of the week, beginning with purchases of GE Healthcare (GEHC) and Stanley Black & Decker (SWK). GE Healthcare and Stanley Black & Decker appeared especially attractive, leading us to buy 100 shares and 150 shares, respectively. For GEHC, we wanted to take advantage of what we believe was an unwarranted decline in the medical technology company's stock price. Our purchase of Starbucks represents another buying-into-post-earnings-weakness situation, as we did with Microsoft and Stanley Black & Decker earlier in the week. That's why on Thursday we took our Nvidia price target to $600 per share from $450, implying roughly 27% upside.

Persons: Jerome Powell's Jackson, Here's, Stanley Black, Decker, SWK, Nikesh Arora, Jim Cramer, that's, Locker, Locker's, —, Jim Cramer's, Jim, Angela Weiss Organizations: Federal, GE Healthcare, Microsoft, Palo Alto Networks, Big Tech, Amazon, Starbucks, Broadcom, Devices, Nvidia, Charitable, AMD, CNBC, Traders, New York Stock Exchange, AFP, Getty Locations: Danaher, New York City

☆ Cramer is 'chipping away' at troubled stocks in the Club portfolio
▼ + stars: | 2023-07-24 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer said this is part of a strategy to "chip away" at troubled stocks in the portfolio. J & J shares climbed 7% late last week after the company reported a strong second quarter and built on those gains Monday morning. 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, Goldman Sachs, Johnson, Jim, I'm, Jim Cramer's Organizations: CNBC, Dow Jones, Chevron, Dow, Wall, Federal Reserve, Johnson, DuPont, Jim's Charitable Trust, JPMorgan

☆ Buffett says people would rather give up a second car than an iPhone. Here's why Apple's business is so stellar
▼ + stars: | 2023-05-08 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

"If they had to give up a second car or give up their iPhone, they'd give up their second car. AAPL .SPX mountain 2016-05-16 Apple's stock performance versus the S & P 500 since May 16, 2016, the day Berkshire's stake in the iPhone maker was first disclosed. Buffett's comments Saturday were "very bullish on Apple," Jim said Monday during the Club's "Morning Meeting." Free cash flow is generally defined as operating cash flow minus capital expenditures or cash spent on purchases of plant, property and equipment (PP & E). Berkshire currently owns about 5.66% of the 15.82 billion Apple shares outstanding, according to FactSet.

☆ January Monthly Meeting: Cramer shares his outlook for 2023 and why he's more optimistic than most
▼ + stars: | 2023-01-19 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +1 min

The stock market rally that kicked off 2023 has run into a brick wall over the past two days. We never thought the turn of the calendar from last year's train wreck would leave all our problems behind. However, Jim Cramer said during the Club's January "Monthly Meeting" on Thursday, that he's more optimistic about the year ahead than many strategists. The past two days aside, tech started 2023 as a bright spot as many investors thought that the sector's suffering made it a good place to get back in. Wednesday's decline ended the Nasdaq's seven-session winning streak, a run we never thought was real.

☆ These 10 Club holdings have been the biggest buyers of their own stocks
▼ + stars: | 2022-12-14 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +10 min

We then divided that by each company's average market capitalization throughout that same time period. These 10 stocks spent the most on buybacks in their latest full fiscal year relative to their average market capitalization over that same four-quarter period. Devon Energy's stock ended Tuesday at $61.98 per share, giving the company a market cap of $40.52 billion. As of Sept. 30, the company had $43.5 billion remaining on its $70 billion buyback program, which was authorized by the board in April. As of Sept. 30, Linde had $6 billion left on its $10 billion buyback authorization approved by its board in February.

Our afternoon trim is in accordance with our discipline of raising cash when the market is overbought, according to the S & P Oscillator . Of course, the Oscillator could become even more overbought from here, and stocks can always move higher. But at a minimum, we think an overbought Oscillator serves as a reminder that stocks have had a solid run lately and could be due for a rest. Over the past month, Linde shares have gained about 16% compared to the S & P 500 's move of less than 7%. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

We're exiting our position in Marvell Technology (MRVL), selling our last 900 shares at roughly $38.86 each. Given our desire to become even more defensive around our portfolio and reduce our exposure to tech, we're making the tough decision Thursday to move on from Marvell Technology . Over the past few years, we've booked significant profits in the stock — in some cases, those gains were well above 200%. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. Matt Murphy, president and CEO of Marvell Technology.

☆ We're trimming three positions to raise cash after last week's market rally
▼ + stars: | 2022-10-31 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

We are making a handful of trims to start the week and raising cash given how overbought the market is, according to the S & P Oscillator . Following Friday's rally, which extended the S & P 500's gains to nearly 9% in October, the Oscillator jumped to 8.48% from 5.30%. As a reminder, any value above a positive 4% signals the market is overbought and potentially due for a pullback. This is the same discipline we stick by when the market is oversold, like it was in late September . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ We're exiting a drug stock for a nice gain and putting some of that money to work elsewhere
▼ + stars: | 2022-10-28 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

We're exiting our position in AbbVie (ABBV), selling 300 shares at roughly $148.14 each. This is especially true after its blockbuster rheumatoid arthritis drug Humira loses its patent protection in the United States next year. This sale will lock in an average gain of about 61% on stock purchased in October 2020 and September 2021. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. Traders work on the floor of the New York Stock Exchange (NYSE) on October 27, 2022 in New York City.

We're buying 25 shares of Estee Lauder (EL) at roughly $213.94 each. We believe Estee Lauder fits this criteria and this is a stock we started buying in late September . But this multiple is down from roughly 46x earnings when we exited the position in December 2021 at around $360 . Additionally, the stock's forward price to earnings multiple is now back to its pre-pandemic levels, an important consideration during this great reset of valuations. A sales assistant arranges lipsticks at an Estee Lauder store.

We're initiating a position in Estee Lauder (EL), buying 75 shares at roughly $224.37 each. After not chasing Tuesday's higher open on Wall Street, we're putting some cash to work in the afternoon in a Club Bullpen stock that we have owned in the Trust in the past. We are calling up Estee Lauder from our Bullpen watch list. When the pandemic hit and department stores temporarily closed their doors, Estee Lauder pivoted quickly and built out direct-to-consumer channels like e-commerce. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

We're buying 25 shares of Salesforce (CRM) at roughly $147.28 each and 25 shares of Honeywell (HON) at roughly $170.28. In a very oversold market, according to our trusted S & P Oscillator , we've making two more small buys Monday afternoon. The Oscillator reached an extreme oversold reading of minus 10.66% after last week's sharp declines. As a reminder, any time the Oscillator moves below minus 4%, it signals oversold conditions in the market, which could mean it's due for a bounce. However, the Oscillator (and the market) could, of course, go even lower from here, especially as equities take their cue from the bond market.

☆ We're buying more shares of two companies, stepping off the sidelines in this down market
▼ + stars: | 2022-09-20 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

We're buying 25 shares of Danaher (DHR) at roughly $272.79 each. We're also buying 100 shares of TJX Companies (TJX) at roughly $63.04 each. Following Tuesday's trade, the Trust will down 950 shares of TJX, increasing its weighting in the portfolio to 2.13% from 1.91%. We're adding to our position in Danaher and buying back 25 shares we previously sold at higher levels. Danaher shares have fallen about 3.5%, or $10, since the company made these two announcements last Wednesday after the closing bell, compared to a roughly 2.9% decline in the S & P 500 .

Search resuls for: "Jim's Charitable Trust"

25 mentions found