By Kevin Stankiewicz, CNBC •
Updated on August 4, 2021 at 7:31 pm
Scott Mlyn | CNBC
CNBC s Jim Cramer said the Covid delta variant is unlikely to derail the U.S. economic recovery in the coming months.
The Mad Money host said he remained confident due to recent positive outlooks offered by real estate investment trusts.
CNBC s Jim Cramer said Wednesday he remains confident in the U.S. economy in the coming months despite the significant rise in Covid delta infections recently.
As Wall Street seeks insight into the strength of the recovery, the Mad Money host said he was focusing on the quarterly results of real estate investment trusts and those firms executives. Other areas, like housing and the auto market, have too many distortions at present, Cramer said.
By Kevin Stankiewicz, CNBC •
Updated on August 4, 2021 at 7:00 pm
Getty Images With this stock currently trading at a meager 17 times this year s earnings forecast, I m pronouncing DuPont a bargain, CNBC s Jim Cramer said Wednesday.
The Mad Money host said investors appear to be misjudging the specialty chemical maker. This is a higher quality company than Wall Street seems to recognize, he said.
CNBC s Jim Cramer said Wednesday he believes DuPont de Nemours shares are trading at an attractive level, suggesting investors take a position in the specialty chemical maker. DuPont just reported a great quarter and its stock did nothing because Wall Street just doesn t understand the story, so they don t give the company enough credit for the fact that [CEO] Ed Breen s strategy is paying off, the Mad Money host said.
By Kevin Stankiewicz, CNBC •
Updated on August 4, 2021 at 7:16 pm
Jakub Porzycki | NurPhoto | Getty Images
CNBC s Jim Cramer recommended investors take profits in Robinhood as the brokerage firm s own stock becomes a meme favorite. It doesn t matter how much you love [Robinhood], discipline always trumps conviction, the Mad Money host said Wednesday.
Robinhood shares advanced 50.4% Wednesday to close at $70.39, a day after surging 24.2%.
CNBC s Jim Cramer on Wednesday urged Robinhood shareholders to trim some of their positions after the brokerage firm s own stock has become ensnared in the meme-stock frenzy it helped catalyze. Meme stocks are easy money on the way up. But as we ve seen with GameStop and AMC of late, you have to take profits while you still have them by selling gradually on the way up, the Mad Money host said, referring to the video-game retailer and movie theater chain that were at the vanguard of the Reddit-fueled meme stock movement t
By Kevin Stankiewicz, CNBC •
Updated 5 hours ago
Scott Mlyn | CNBC
CNBC s Jim Cramer said Tuesday technical analysis indicates investors may want to take a cautious near-term stance on the stock market. The charts, as interpreted by the legendary Tom DeMark, suggest that the market s getting close to a top, especially the S&P 500 and the Nasdaq 100, the Mad Money host said.
DeMark is not too keen on the Dow Jones Industrial Average, either, Cramer added.
CNBC s Jim Cramer said Tuesday technical analysis indicates the stock market may be approaching a near-term peak. The charts, as interpreted by the legendary Tom DeMark, suggest that the market s getting close to a top, especially the S&P 500 and the Nasdaq 100. He s not too keen on the Dow Jones Industrial Average, either, the Mad Money host said.
By Kevin Stankiewicz, CNBC •
Updated on August 2, 2021 at 7:26 pm
Pavlo Gonchar | LightRocket | Getty Images
CNBC s Jim Cramer said Monday he believes investors should buy shares of Robinhood at their current levels.
The Mad Money host said the company known for stock and crypto trading is well-positioned with younger generations as it eyes expansion into other services.
CNBC s Jim Cramer said Monday he believes shares of Robinhood can be purchased at their current levels, suggesting the brokerage has a bright future catering to the financial preferences of younger people. As Robinhood branches out into other forms of finance, including buy now, pay later cards, I think [CEO Vlad Tenev s] army of 22 million users will grow and become more powerful, the Mad Money host said.