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☆ Jim Cramer says investors should stick with Nvidia post decline
▼ + stars: | 2024-06-25 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Tuesday opined about his long-standing faith in Nvidia stock, even as the company shed significant market cap this week. "I'm simply going to stick with the stocks of the best companies in the market." Nvidia hit a $3.34 trillion valuation last week, surpassing Microsoft to become the largest company in the world. Cramer suggested that this data had a ripple effect across other consumer and housing-oriented stocks such as Lowe's , Home Depot and Fortune Brands . Cramer added that Nvidia and its megacap peers that can "pay cash" aren't concerned with interest rates.

Persons: CNBC's Jim Cramer, I'm, FactSet, Cramer, aren't Organizations: Nvidia, Microsoft, Corp, Depot, Fortune Brands, Pool Corp

☆ Cramer's Lightning Round: Hartford Financial Services Group 'can go even higher'
▼ + stars: | 2024-06-25 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Hartford Financial Services Group : "I tend to not like the insurers, just because there are so many different variables. I do like Chubb. But this fellow, Chris Swift, who's come in and fixed Hartford, he deserves the premium that the stock is getting, and it can go even higher."

Persons: Chubb, Chris Swift, who's Organizations: Hartford Financial Services Locations: Hartford

☆ Cramer's week ahead: Earnings from Micron, Walgreens and General Mills
▼ + stars: | 2024-06-24 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer guided investors through this week's most important Wall Street action, highlighting earnings reports from Micron , Walgreens and General Mills . Wednesday brings a slew of earnings reports, including Micron , General Mills , Levi Strauss , AeroVironment and Jefferies Financial . Cramer noted some segments that drive General Mills' business — including snacks, cereal and dough — could be vulnerable because of the rising popularity of weight loss drugs. Walgreens will report on Thursday, and Cramer said Wall Street doesn't have great expectations for the company. McCormick also reports that day, and Cramer said analysts are taking down price targets due to sluggish growth.

Persons: CNBC's Jim Cramer, Mills, Cramer, else's, it's, General Mills, Levi Strauss, AeroVironment, Jefferies, Tim Wentworth, McCormick Organizations: Micron, Walgreens, Big Tech, Carnival, FedEx, Royal, General, Jefferies Locations: Royal Caribbean

☆ Cramer's optimistic about the homebuilding sector
▼ + stars: | 2024-06-24 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Monday reviewed recent earnings from two major homebuilding companies, Lennar and KB Home , saying he feels good about the sector as a whole even though Wall Street favored the latter last week. "Even though Lennar went down and KB Home went up after both reported last week, I'm pretty positive on both stories, and the homebuilders more generally," Cramer said. "While this should theoretically be a tough space if rates stay higher for longer, the housing shortage hasn't gone anywhere." Wall Street seems unsure of how to treat these stocks, Cramer said, as they started the year strong when investors thought several rate cuts were on the horizon. Cramer said he likes KB Home and feels "more sanguine" about Lennar than Wall Street, adding the two are using two different strategies.

Persons: CNBC's Jim Cramer, Lennar, Cramer, Lennar's Organizations: KB, Wall, Federal Reserve

☆ Cramer's Lightning Round: 'I would not abandon' Cava
▼ + stars: | 2024-06-24 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Viking Therapeutics' year-to-date stock performance. Stock Chart Icon Stock chart icon Cava's year-to-date stock performance. Stock Chart Icon Stock chart icon Rubrik's year-to-date stock performance. Stock Chart Icon Stock chart icon Forward Air's year-to-date stock performance. Stock Chart Icon Stock chart icon Bristol Myers Squibb's year-to-date stock performance.

Persons: Lilly, Bristol Myers, Meyers, Jim Cramer's Organizations: Therapeutics, Viking Therapeutics, Forward, Bristol Myers Squibb

☆ Trump erases Biden's huge cash advantage with fundraising surge after conviction
▼ + stars: | 2024-06-21 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

Read previewDonations to the Trump campaign poured in after the former president's felony conviction last month. Meanwhile, the Biden campaign and the Democratic National Committee brought in $85 million for the month, the campaign said. Related storiesOn those two days, the Trump campaign raked in six times as many large donations as on an average day, Politico reported. At the end of May, Trump's campaign had $116.6 million on hand, while Biden's had $91.6 million, FEC filings show. In May, Biden's campaign spent $30 million, more than four times as much as Trump's, FEC filings show.

Persons: —, Trump, Joe Biden, Stormy Daniels, Biden, Biden's, Trump's, Joe, President Trump, Steven Cheung, isn't, Julie Chavez Rodriguez, Harris, we're Organizations: Service, Republican National Committee, New York Times, Biden, Democratic National Committee, Business, Trump, Politico, Times, RNC Locations: Manhattan

☆ Donald Sutherland death: ‘Hunger Games’ movie actor dies at age 88
▼ + stars: | 2024-06-20 | by ( Brian Lowry | Elizabeth Wagmeister | ) edition.cnn.com time to read: +5 min

CNN —Donald Sutherland, a veteran actor known for roles in “M*A*S*H,” “Klute” and “The Hunger Games,” has died, according to a statement from his agency CAA. “With a heavy heart, I tell you that my father, Donald Sutherland, has passed away,” Kiefer Sutherland, Donald Sutherland’s son, wrote in a post on Instagram Thursday. BeginningsBorn in Saint John, New Brunswick, Sutherland endured several bouts of ill health as a child, including polio. The 6’4” actor met his first wife, Lois Hardwick, in college, and the two married in 1959. He also discussed subtly altering his dialogue, as he put it, to “try to make the lines that I’ve been given fit my mouth.”Jeff Goldblum, Brooke Adams and Donald Sutherland in 1978's "Invasion Of The Body Snatchers."

Persons: CNN — Donald Sutherland, “, ”, Sutherland, Donald Sutherland, ” Kiefer Sutherland, Donald Sutherland’s, J, Paul Getty, Hawkeye Pierce, Jane Fonda, Oscar, Fonda, ” Donald Sutherland, Julie Christie, Nicolas Roeg’s “, Oliver Stone’s “, ” Sutherland, Federico Fellini, “ Fellini’s Casanova, filmgoers, Lois Hardwick, Shirley Douglas, Kiefer, Rachel, Francine Racette, Hugh Grant, ” Jeff Goldblum, Brooke Adams, Max Dugan, John Grisham, Halle Berry, Patrick Wilson, Bass Reeves Organizations: CNN, CAA, “, Soviet, Globes, National Lampoon, Lionsgate, Oliver Stone’s “ JFK, University of Toronto, Hollywood, United, Reuters, Academy of Motion Picture Arts, Sciences, of, Paramount Locations: Miami, Saint John , New Brunswick, London, of Canada

☆ Biden reelection effort raises $85 million in May, but trails Trump’s massive haul
▼ + stars: | 2024-06-20 | by ( Megan Cassella | In | ) www.cnbc.com time to read: +3 min

President Joe Biden's reelection effort and the Democratic National Committee raised a combined $85 million in May, according to exclusive data provided to CNBC by the Biden campaign. The Trump campaign, by contrast, has been slow to staff up in key states, causing concern among some Republican strategists. In April, Trump's allied groups and the RNC raised $76 million to Biden and the DNC's $51 million. Biden campaign officials highlight how in contrast, Biden did not have any major fundraisers or events during the month. As of April, the Trump allied campaign's overall war chest was about $60 million smaller than Biden's—$88 million versus $146 million.

Persons: Joe Biden, Joe Biden's, Biden, Donald Trump's, Julie Chavez Rodriguez, Trump, Trump's, It's, Hollywood Organizations: Democratic National Committee, CNBC, Republican National Committee, Biden, RNC, Trump, Trump's Locations: Washington , U.S, California, Trump's West

☆ Jim Cramer’s guide to investing: Don’t buy during a rally
▼ + stars: | 2024-06-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer vehemently advised against buying stock during a market rally, even though it may be tempting to do so. Cramer said he wants investors to take advantage of rallies, but buying when the market is hot means they're letting the rally take advantage of them. Rallies are a moment when raising cash is essential, but spending it is prohibited, he said. Instead, Cramer said investors should keep a cool head and come to terms with possibly missing out on buying a stock that's up big. "If you want to buy a stock and the market's just had a remarkable run, do me a favor and tell yourself you missed it.

Persons: CNBC's Jim Cramer, Cramer

☆ Jim Cramer’s guide to investing: Too many gains can spell danger
▼ + stars: | 2024-06-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

To CNBC's Jim Cramer, there is such a thing as making too much money. "The best time to figure out if you're making too much money, meaning you're taking on a dangerous amount of risk, is during a big market-wide rally," he said. While admitting that he's not the most conservative investor, Cramer stressed that taking on too much risk is unwise. A portfolio that beats roaring averages can be another indicator that you're taking on needless risk, he said. "That will help you crush the averages in a rally, but it will also get you crushed by your losses in a sell-off.

Persons: Jim Cramer, Cramer, he's, That's

☆ Jim Cramer’s guide to investing: Use rallies to raise some cash
▼ + stars: | 2024-06-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer told investors it's important to use big rallies to prepare for the down days. In other words, you should raise some cash when your stocks are on a roll. "The next time we get a big up day or two, please, I'm begging you, use the strength to raise some cash," he said. "You might not know it, but without cash, your portfolio has zero flexibility, and the best time to raise cash is when the market is on fire." But this does not mean investors should sell everything during a rally, Cramer said.

Persons: CNBC's Jim Cramer, Cramer

☆ Jim Cramer’s guide to investing: Be tough on your portfolio during a rally
▼ + stars: | 2024-06-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

It may seem counterintuitive, but to CNBC's Jim Cramer, one of the best times to scrutinize your portfolio is during a rally. "If the fundamentals aren't changed, if the company hasn't improved, then it might have gotten too expensive as a stock because of the rally," he said. "So, when the market's roaring, give your stocks a hard time, please, hold them to a higher standard. And during a big rally, winning stocks become more expensive and less desirable because the risk and reward ratio becomes worse, he explained. "Because the whole point of owning stocks is that you're supposed to sell them when they go higher to make money."

Persons: CNBC's Jim Cramer, Cramer, it's

☆ Jim Cramer’s guide to investing: How to handle a short-term rally
▼ + stars: | 2024-06-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer said investors shouldn't lose their heads when the market starts to rally. "When the stock market's had a big short-term run—short term—don't get carried away by the optimism," he said. Instead, he said, it's wise to sell part of one's position when a rally starts and leave the door open to sell more if the rally continues. It's foolish to buy and hold during the best of times and the worst of times, he added. He said if you hang on to winning stocks for too long, your gains may evaporate and then you've completely missed the rally anyway.

Persons: CNBC's Jim Cramer, shouldn't, Cramer, you've

☆ Biden to announce new executive action protecting immigrant spouses and children of US citizens
▼ + stars: | 2024-06-18 | by ( Michael Williams | ) edition.cnn.com time to read: +7 min

Under current federal law, an undocumented person who enters the United States and marries a US citizen must first request parole before applying for legal residency. Lawful permanent residency, commonly known as obtaining a green card, allows immigrants to live and legally work in the United States. Some Democrats in the Senate praised Biden’s executive order while those in vulnerable seats tried towing a line. Sen. Bob Casey, a Democrat in a vulnerable seat, also declined to say if he supports Biden’s executive order. However, he did praise Biden’s executive order from earlier this month aimed at restricting border crossings.

Persons: Washington CNN —, Biden, Barack Obama, Donald Trump, Biden’s, it’s, Donald Trump’s unforgivable, ” Biden, Julie Chavez Rodriguez, “, –, ” Todd Schulte, ” Muzaffar Chishti, John Thune, ” Thune, they’ll, ” Sen, Thom Tillis, Tillis, Sen, Elizabeth Warren, ”, Sherrod Brown, Bob Casey, “ I’ve, – I, CNN’s Sam Fossum, Kayla Tausche, Lauren Fox, Morgan Rimmer, Manu Raju Organizations: Washington CNN, CNN, Migration Policy Institute, Republican, Congress Locations: Arizona , Nevada, Georgia, United States, Ohio

☆ Jim Cramer’s guide to investing: Scrutinize your wins
▼ + stars: | 2024-06-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

To CNBC's Jim Cramer, investors shouldn't just bask in their gains when their stocks start to do well. It's important to understand why a certain company soared, and wins aren't always for reasons you think they are, he said. "When you have a win, don't lazily assume that you simply got it right — think about what it means if you were merely in the right place at the right time and please proceed with caution." But by 2023, those stocks collapsed, and Cramer said it was not due to decreased popularity in the companies. "Maybe you're right — people are right about stocks every day," he said.

Persons: Jim Cramer, shouldn't, aren't, Cramer

☆ Jim Cramer’s guide to investing: Sometimes market moves are just ‘noise’
▼ + stars: | 2024-06-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer warned investors about taking every individual stock move to heart. He said these sudden moves are often arbitrary, and suggested investors focus on a company's underlying business. "Sometimes you can extrapolate a great deal from a big move in an individual stock, but more often it's telling you something you already know or it's just noise that means nothing." While it's difficult to decipher this "noise," Cramer conceded that irregular moves can be valid signals. Other times, the action in the stock is noise, not a signal, and you'll end up feeling very foolish if you take your cue from that kind of action."

Persons: CNBC's Jim Cramer, Don't, Cramer, it's

☆ Jim Cramer’s guide to investing: You don’t need to be perfect
▼ + stars: | 2024-06-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer said part-time investors shouldn't make themselves crazy aiming for perfection. "You don't need to be perfect at managing your money, you just need to be good enough, and that means you shouldn't waste your time trying to anticipate every little gyration in the market," he said. To Cramer, short-term trading isn't the best way for most at-home investors to make money. He suggested that investors continue to carefully research every stock in their portfolio so they know exactly what they own. But Cramer stressed that investors should never discount the power of an index fund, as it's a relatively easy way to make money.

Persons: CNBC's Jim Cramer, shouldn't, Jimmy Chill, Cramer, it's

☆ Jim Cramer’s guide to investing: Be wary of the IPO cycle
▼ + stars: | 2024-06-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer said to be cautious when the market is flooded with initial public offerings because the influx of new stocks will inevitably drag the market down. "The IPO cycle tends to start out strong and generate a lot of euphoria, but then it burns out and all the new stock supply can really weigh on the market." These stocks eventually ended up getting crushed, Cramer said, with him pointing out that many plunged "more than 90% from peak to trough." According to Cramer, all of these new stocks overwhelmed Wall Street — there was too much supply and not enough demand. "I've said it a million times: the stock market is like any other market, it's all about supply and demand," he said.

Persons: CNBC's Jim Cramer, — you've, Cramer, I've Organizations: Federal Reserve

☆ Jim Cramer’s guide to investing: Don’t fret over news already baked into a stock
▼ + stars: | 2024-06-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer said investors shouldn't obsess over news that's already widespread across Wall Street, but instead pinpoint trends not yet accepted in the broader market zeitgeist. "If you want to be a better investor, don't tear your hair out fretting about the same things as everybody else," he said. "Instead, you should worry about the things other people don't seem to care about, because the real threat is the one that you don't see coming." It's often irrational and can make mistakes and ignore important pieces of information, Cramer said. However, the efficient market hypothesis provides a rough, but helpful, guideline for investing, he said.

Persons: CNBC's Jim Cramer, shouldn't, Cramer, there's, — it's Locations: Wall

☆ Cramer's week ahead: A closer look at housing with Lennar and KB Home earnings
▼ + stars: | 2024-06-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

"Last night, I bemoaned that there aren't enough stocks that are compelling away from tech," Cramer said. And this week's numbers suggest that higher for longer might be too inflexible a strategy for a suddenly gassed economy." Lennar reports on Monday and KB Home reports on Tuesday. Housing starts data will be released on Thursday, and Accenture , Kroger , Darden and Jabil will report earnings. Cramer said three firms slashed their price targets for Olive Garden parent Darden this week, which usually doesn't bode well for the quarter.

Persons: CNBC's Jim Cramer, homebuilders Lennar, Cramer, Antonio Neri, Jensen Huang, Jabil, Kroger hasn't, bode, CarMax Organizations: KB, Citigroup, Hewlett Packard Enterprise, Nvidia, Housing, Accenture, Kroger, Darden, Olive Garden, Apple

☆ Jim Cramer says it's time to take some profits in AI stocks
▼ + stars: | 2024-06-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

After a big week for stocks related to artificial intelligence, CNBC's Jim Cramer told investors it may be time to ring the register for many of these companies that have seen massive gains. "Remember, this remarkable, albeit limited, narrow, year — you don't want to spoil it by refusing to ring the register on every one of your stocks that may be AI." Cramer reviewed the significant surges in the AI sector this week, starting with Apple's record-breaking run after the company announced new AI programming that could boost iPhone sales. "We know we've been feeling a little greedy, and it's quite unbecoming — when you have big gains, you need to take something off the table," Cramer said. "I am still a true believer in Nvidia, but I don't want to be oblivious to the scale of this massive run."

Persons: CNBC's Jim Cramer, Cramer, avarice, Larry Williams Organizations: Oracle, Microsoft, Broadcom, Adobe, Nvidia, CNBC's

☆ Cramer's Lightning Round: 'Let's stay away' from Unity Software
▼ + stars: | 2024-06-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Vistra's year-to-date stock performance. "Stock Chart Icon Stock chart icon Novavax's year-to-date stock performance. Stock Chart Icon Stock chart icon Twilio's year-to-date stock performance. Stock Chart Icon Stock chart icon H.B. Stock Chart Icon Stock chart icon Unity Software's year-to-date stock performance.

Persons: it's, Fuller, It's, Let's Organizations: Unity Software, Ardagh Locations: Fuller's

☆ Jim Cramer reasserts his bullish stance on Apple, says it doesn't need to chase enterprise customers
▼ + stars: | 2024-06-11 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Tuesday explained that Apple does not need to chase enterprise customers to see gains, saying it does well to target individual consumers. Apple shares pulled back 1.9%on Monday after the company unveiled new artificial intelligence offerings at its developers conference. The stock has suffered this year as investors worried about iPhone sales in China and the tech giant's progress on the AI front. "They're not chasing the enterprise, and these Apple haters have no idea how to evaluate a tech company that's like that." Users will likely need to upgrade their phones to take full advantage of Apple Intelligence, which could help drive sales.

Persons: CNBC's Jim Cramer, Tim Cook, what's, They're, Cramer, Apple Organizations: Apple, Apple Intelligence Locations: China

☆ Jim Cramer says Eli Lilly isn't a 'one trick pony' after FDA advisers endorse its Alzheimer's drug
▼ + stars: | 2024-06-11 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Tuesday explained why he continues to be bullish about pharmaceutical giant Eli Lilly . Continually confident about Eli Lilly because of the enormous success of its weight loss and diabetes drugs, he said the company's new Alzheimer's treatment has the potential to further boost business. On Monday, a panel of advisors to the Food and Drug Administration unanimously recommended Eli Lilly's Alzheimer's drug, currently known as donanemab. "I think this advisory committee decision on their Alzheimer's drug does precisely that." Eli Lilly did not immediately respond to request for comment.

Persons: CNBC's Jim Cramer, Eli Lilly, Eli Lilly's, it's, Cramer, they've Organizations: Food and Drug Administration, FDA Locations: U.S, Biogen

☆ Cramer explains why it's not wise to stick with stocks booted from the S&P 500
▼ + stars: | 2024-06-10 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

After the S&P 500 knocked three stocks from its ranks last week, CNBC's Jim Cramer told investors why it is usually not a good idea to stick with these companies. "When you see a stock that gets expelled from the S&P 500, please don't bother to try to catch a bottom — you're most likely catching a falling knife," he said. The S&P 500 evaluates the performance of roughly 500 of the largest publicly traded stocks and is seen as a bellwether for the market. He also reviewed several other recent S&P 500 castoffs and found that most of those stocks have also underperformed. Although buying an index fund is usually considered passive investing, Cramer said the S&P 500 is more actively managed than many realize.

Persons: CNBC's Jim Cramer, Robert Half, Cramer Organizations: U.S ., Comerica

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