Sherwin-Williams Co: “I want to own it. I’ll tell you why. Everything that they could possibly say negative about it is out there. I want to come out with a more positive thesis.” XP...
Tag: Investment strategy
Investors need to have conviction, seize on ‘mistaken selling’
CNBC’s Jim Cramer on Wednesday advised investors to block out the market bears, and use their missteps to bolster their own portfolios. “Their mistaken selling creates opportunities for yo...
Charlie Munger: U.S. should ban cryptocurrencies
Charlie Munger at the Berkshire Hathaway press conference, April 30, 2022. CNBC Berkshire Hathaway Vice Chairman Charlie Munger urged the U.S. government to ban cryptocurrencies like China, saying a l...
Bank of England hikes rates by 50 basis points, now sees ‘much shallower’ recession than feared
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank of England on Thursday hiked interest ra...
Deutsche Bank smashes profit expectations in fourth quarter as higher interest rates bolster revenue
A statue is pictured next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany, September 30, 2016. Kai Pfaffenbach | Reuter Deutsche Bank on Thursday reported its 10th straight quarter ...
Bond king Jeffrey Gundlach says he expects one more Fed rate hike
DoubleLine Capital CEO Jeffrey Gundlach said he sees one additional rate hike from the Federal Reserve before the central bank ends its tightening cycle. “I think one more,” Gundlach said ...
Amazon may have more robots than humans by 2030
Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Flo...
Jim Cramer says we’re in a bull market, so buy on the dip
CNBC’s Jim Cramer on Tuesday told investors that the market is in bull mode, so declines represent opportunities to buy on a dip. “If we’re in a bull market, and I think we are, you ...
Britain sets out plans to regulate crypto industry in wake of FTX collapse
British Prime Minister Rishi Sunak speaks during a Q&A at Teesside University, on Jan. 30, 2023. Oli Scarff | Wpa Pool | Getty Images NewS The U.K. formally laid out plans to regulate the cryptocu...
Charts suggest the S&P 500 is nearing a ‘decisive’ moment, Cramer says
CNBC’s Jim Cramer on Monday said the benchmark S&P 500 could be at a pivotal moment this week. “The charts, as interpreted by Mark Sebastian, suggest that we’re approaching a dec...
Investors dangerously ignoring bear market impact on earnings
Famed short seller Jim Chanos sees an alarming trend in the market. “I’ve been on the Street [since] 1980 [and] not one bear market has ever traded above nine times to 14 times the previou...
Jim Cramer’s Investing Club meeting Monday: Dow stocks, Fed, Ford
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Stick to Dow stocks Watch w...
Sam Bankman-Fried tried to influence witness through Signal: DOJ
Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, New York, January 3, 2023. Ed Jones | AFP | Getty Images...
Goldman Sachs CEO David Solomon gets 29% pay cut to $25 million
David Solomon, Chairman & CEO of Goldman Sachs, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 23rd, 2023. Adam Galica | CNBC Goldman Sachs CEO David Solomon will get a $25 milli...
I say thumbs up to MP Materials
RPC Inc: “I want you to hold [onto] it.” Marvell Technology Inc: “You don’t want to buy until it reports. After it reports, we’re going to take a solid look at it. …...
Strong earnings from Tesla, United Rentals helped lift market
CNBC’s Jim Cramer said that Thursday’s rally is thanks to a batch of strong company earnings. “I’ve said over and over again that during earnings season, what matters is compan...
Bank earnings are in. Wells Fargo, Morgan Stanley still our favorites
With all the major investment and money center banks having now reported fiscal fourth-quarter earnings, we compiled the results to compare how our Club holdings, Wells Fargo (WFC) and Morgan Stanley ...
Jim Cramer reminds investors to maintain a diversified portfolio
CNBC’s Jim Cramer on Wednesday told investors that diversification remains key to keeping a successful portfolio. “I can’t say a diversified portfolio is bulletproof. But I can say t...
Jim Cramer picks his standout stocks in 4 bull market industries
CNBC’s Jim Cramer on Wednesday offered investors a list of bull markets he’s identified as companies report quarterly financial results. “Now that we are already one-fifth of the way...
Jim Cramer’s Investing Club meeting Wednesday: Microsoft, P&G
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Don’t buy the Micr...
Amicus Therapeutics is an ideal spec
Inmode Ltd: “It sells for incredibly cheap. … Frankly, I don’t get it, and that makes me want to look more into it, not just say buy.” Exact Sciences Corp: “They’re...
Jim Cramer says to consider an analyst’s call timeframe when investing
CNBC’s Jim Cramer on Tuesday reminded investors to pay close attention to the scope of an analyst’s calls. “In the crazy world of Wall Street, it’s not enough to think about th...
Wells Fargo gives a bullish endorsement to beleaguered Disney
Wells Fargo on Tuesday said it expects Walt Disney (DIS) to “come out swinging” when the entertainment conglomerate reports fiscal first-quarter results early next month. At the Club, we&#...
Danaher stock drop looks like a buy opportunity after a solid quarter
Life sciences and medical diagnostics company Danaher (DHR) reported better-than-expected earnings and revenue for the fourth quarter. We view the dip in the stock as unjustified and an opportunity. R...
JPMorgan’s Kolanovic sees correction, hard landing
JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally. Instead, the Institutional Investor hall-of-famer is bracing for a 10% or more correction in the first half of this year, tell...
BlockFi secret financials show $1.2 billion tie to FTX and Alameda
BlockFi logo displayed on a phone screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on November 14, 2022. Jakub Porzycki | Nurphoto | Getty Imag...
Islamic fintech Wahed opens physical bank branch in London
Islamic fintech startup Wahed has opened its first physical branch on Baker Street in London. The glossy retail location is designed to look like an Apple store. Wahed An investing platform backed by ...