[ad_1] Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 14, 2022. Andrew Kelly | Reuters Here are the most important news items that investors need to start their trading day: 1. A glimmer of holiday cheer Stocks snapped out …
Read More »Cramer’s lighting round: Magna worries me
[ad_1] Sign up now for the CNBC Investing Club to follow Jim Cramer’s every move in the market. Questions for Cramer?Call Cramer: 1-800-743-CNBC Want to take a deep dive into Cramer’s world? Hit him up!Mad Money Twitter – Jim Cramer Twitter – Facebook – Instagram Questions, comments, suggestions for the “Mad …
Read More »Jim Cramer says these 7 stocks will be winners in 2023
[ad_1] CNBC’s Jim Cramer on Tuesday gave investors a list of stocks that he believes will perform well next year. Here is his list. Eli Lilly Humana Johnson & Johnson Caterpillar Deere TJX Companies Morgan Stanley Stocks rose on Tuesday, and the Dow Jones Industrial Average ended a four-day streak …
Read More »Jim Cramer says he likes these 3 financial stocks for 2023
[ad_1] CNBC’s Jim Cramer on Tuesday named three financial stocks he believes are worth buying. Stocks closed higher on Tuesday, snapping a four-day losing streak that had been driven in part by Wall Street’s fears that the Federal Reserve’s interest rate increases could tip the economy into a recession next …
Read More »Bill Gross says markets are headed for ‘potential chaos’ if interest rates keep going up
[ad_1] Famed investor Bill Gross said he expects big trouble ahead should the Federal Reserve keep hiking interest rates. “The economy has been bolstered by tremendous amounts of trillions of dollars in fiscal spending, but ultimately when that is used up, I think we’ve got a mild recession, and if …
Read More »How to use a required minimum distribution for unpaid quarterly taxes
[ad_1] Sdi Productions | E+ | Getty Images If you’re retired and skipped your 2022 tax payments, you can still avoid late penalties with an under-the-radar year-end strategy, experts say. Since taxes are due as you receive income, you must withhold levies from earnings or pay quarterly estimated tax payments. …
Read More »Disney could rally nearly 50% if Iger spins off ESPN, says Well Fargo
[ad_1] Spinning off ESPN and ABC from Disney is the best move that CEO Bob Iger can make for the entertainment giant and its stock, according to Wells Fargo. The bank is predicting the split will likely come in late 2023, after Disney implements cost-cutting and balance-sheet initiatives. Those first …
Read More »Oxford Lane Capital is not a buy
[ad_1] DraftKings Inc: “I feel safer in my DraftKings than I do in a crypto. That said, gambling, not yet, but that stock is very inexpensive.” Oxford Lane Capital Corporation: “They own these collateralized loan obligations, which is always the stuff people really worry about going into a recession, so …
Read More »Jim Cramer says he likes Corteva and Nucor for 2023
[ad_1] CNBC’s Jim Cramer on Monday offered investors two stocks they should consider adding to their portfolios. Stocks in the materials sector tend to be highly cyclical, meaning they could get hammered if the Federal Reserve’s interest rate hikes tip the economy into a recession, he explained. And while it’s …
Read More »Trust Jerome Powell’s ‘winning hand’ against inflation
[ad_1] CNBC’s Jim Cramer on Monday brought back his mantra from earlier in the year, when the Federal Reserve was still ramping up its aggressive interest rate hike campaign: Trust Chair Jerome Powell to get the job done. “He’s one of the best central bankers in the world and he’s …
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