Burlington Stores could be the next retailer to rebound, CNBC’s Jim Cramer said Friday. The stock was crushed, plunging 16%, after a rare sales miss in its most recent earnings results. Cramer pointed out that the March report marked the first time in 24-consecutive quarters that same-store-sales growth did not meet estimates. “I think you
Investing
CNBC’s Jim Cramer on Friday said Tradeweb Markets, the electronic trading platform that listed on public markets Thursday, could be worth buying when compared with MarketAxess. Tradeweb, which is backed by Blackstone and a collection of big banks, opened on the Nasdaq at more than $34 after a $27 initial price offering, a deal that
There is a new way to take cash out of your home with no monthly payments and no interest. It’s not a loan. It’s not a mortgage. It is a contract with an investor who wants to purchase some of your home equity in cash—but it can be costly in the end. California-based Point is
GrubHub will continue investing in its long-term strategy and differentiate itself in the crowded online food ordering space even as its stock faces pressure, CEO Matt Maloney told CNBC. “I have always been willing to be extremely aggressive investing in the future,” he said in a Thursday one-on-one with “Mad Money‘s” Jim Cramer. Cramer noted
Canopy Growth could generate more than $1 billion in revenue by the end of its fiscal year, Constellation Brands CEO Bill Newlands told CNBC Thursday. Constellation, which makes Corona and Modelo beers, has a 38% stake in the cannabis company, which is the largest medical marijuana producer in Canada. “If you look at Canada alone,
If you feel confident that you will live comfortably in retirement, you might want to double-check how much you are really saving. A new survey from Natixis Investment Managers finds that 44 percent of American workers who participate in a 401(k) or other workplace retirement plan feel secure about their retirement, as long as they
CNBC’s Jim Cramer on Wednesday said the packaged food industry appears to be rebounding after falling into trouble waters in recent months. General Mills and J.M. Smucker have lead the way, he said. “As much as I hate to chase, I think General Mills is too cheap and too good to ignore here,” the “Mad
New highs are ahead for the stock market, top J.P. Morgan strategist Marko Kolanovic told CNBC on Wednesday. In fact, he said it’s possible the S&P 500 could hit his firm’s year-end price target of 3,000 by the end of May. However, a couple of things would need to happen — such as a U.S.-China
If you’re interested in saving the planet while also making a profit, this app may be a good option for you. As impact investing, also known as socially responsible investing, becomes more popular, financial experts say millennials seem to be drawn to funds that support the humanitarian or environmental missions they believe in. And the
CNBC’s Jim Cramer on Tuesday conceded that Lyft‘s entrance to the public market “was decidedly a dud,” but he thinks the stock’s more than 22 percent collapse from its Friday high mark is actually a positive for the bull market. Lyft’s stock price slipped for a second day in a row and remains below its
Tesla’s stock is working to get its groove back and there is an argument to be made that the share price could be ready to soar from its current levels, CNBC’s Jim Cramer said. He turned to technical analyst Bob Moreno, who Cramer noted called the market-wide bottom in December, to understand how the electric
Amazon will do whatever it takes to extract the market share Walmart has in the grocery business, even if it includes slashing prices at its Whole Foods stores, CNBC’s Jim Cramer said Tuesday. Cramer, the host of “Mad Money,” said his sources at Amazon indicate to him that “whatever Walmart is doing” on prices, Jeff
CNBC’s Jim Cramer said he did not expect Lyft shares to get hit so hard on Monday after their after a positive Friday debut on the stock market. The rideshare app traded as high as $88 a share in its first day, but tumbled nearly 12 percent to settle at $69.01 on Monday. With a
CNBC’s Jim Cramer on Monday said investors can get an idea of how the market could perform in the second quarter by understanding how the major averages rallied during the first quarter of the year. The Nasdaq had the biggest gain — 16 percent — to open the year. The S&P 500 rallied 13.1 percent
Death and taxes … you know what the deal is. You can’t avoid either of them. If you have a big tax bill that you can’t pay, life can seem pretty bleak. While the number of tax liens annually filed by the IRS against taxpayers has fallen by more than 50 percent since 2010, there
Chinese Premier Li Keqiang called on New Zealand on Monday to ensure a fair investment environment, as he meet Prime Minister Jacinda Ardern whose country has rejected a bid by Chinese telecom giant Huawei to build a 5G mobile network. Ardern, on a one-day visit to China, said before meeting Li that she hoped to