[ad_1] Federal Reserve Board Chairman Jerome Powell leaves after a news conference following the announcement that the Federal Reserve raised interest rates by half a percentage point, at the Federal Reserve Building in Washington, December 14, 2022. Evelyn Hockstein | Reuters Here are the most important news items that investors …
Read More »I wouldn’t buy World Wrestling Entertainment at this level
[ad_1] Cleveland-Cliffs Inc: “I think the numbers may be too high in Cliffs. The numbers may be too low in Nucor.” Disclaimer: Cramer’s Charitable Trust owns shares of Danaher. Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no cost to help you build long-term wealth …
Read More »Jim Cramer says he likes these 5 consumer staple stocks in 2023
[ad_1] CNBC’s Jim Cramer on Wednesday recommended a slate of consumer staple stocks for 2023. “I’m not entirely convinced that we’re headed for a recession next year, but we’re definitely looking [at] a meaningful slowdown, and that’s terrific for the consumer staples,” he said. The Fed raised interest rates by …
Read More »Investors bolting from after Fed speech are too hasty, Jim Cramer says
[ad_1] CNBC’s Jim Cramer on Wednesday said that investors exiting the market after Federal Reserve Chair Jerome Powell’s hawkish speech on Wednesday are acting too rashly. “I have no doubt there will be more people bolting from stocks tomorrow morning, believing they’ve been given a tremendous opportunity to get out …
Read More »This 529 plan myth is making college more expensive for families
[ad_1] Kevin Dodge | The Image Bank | Getty Images SEATTLE — For many families, paying for college is a financial burden, and experts say education-funding myths may be adding to the student loan debt crisis. “There’s often this perception that somehow people are being penalized for saving for college,” …
Read More »Jim Cramer’s Investing Club meeting Wednesday: Fed decision, Qualcomm
[ad_1] 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 trade on Fed decision Stay cautious on QCOM Stick with Eli Lilly 1. Don’t trade on Fed decision Stocks gained on Wednesday ahead …
Read More »This little-known biopharma stock has 60% upside potential, Goldman Sachs says
[ad_1] Investors should consider putting money in Xenon Pharmaceuticals , a biopharma stock poised to rally as Wall Street gains more clarity on its drug to treat epilepsy, Goldman Sachs says. Analyst Paul Choi initiated coverage of Xenon with a buy rating and a $60 price target, saying in a …
Read More »I like J.M. Smucker over Church & Dwight
[ad_1] Church & Dwight Co Inc: “I’ve got to tell you, some of the other growth stocks in the same category I might as well [buy instead]. J.M. Smucker, that’s a very good company. I think it’s a little bit cheaper.” Jim Cramer’s Guide to Investing Click here to download Jim …
Read More »Charts suggest it’s time to buy the dips in oil, Jim Cramer says
[ad_1] CNBC’s Jim Cramer on Tuesday advised investors to put cash to work in oil now that the sell-off is largely over. “The charts, as interpreted by Carley Garner, suggest that the oil speculators have been mostly wiped out, so it’s time to buy the dips because she wouldn’t be …
Read More »Crypto and high wages need to crash for Fed to beat inflation
[ad_1] CNBC’s Jim Cramer on Tuesday outlined what needs to happen for the Federal Reserve to finally beat inflation after the monthly consumer price index report showed that prices rose less than expected in November. “Without a well-deserved crash in crypto and a sign of higher unemployment acknowledged by [Federal …
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