[ad_1] Penn Entertainment Inc: “Everybody’s in this darn business. … I do like Penn. They’re good guys, but I cant recommend the stock right now.” Symbotic Inc: “They’re a money-losing SPAC. We’re not recommending any money losers.” Tilray Brands Inc: “They and Canopy, if you want to own them, you …
Read More »Fed can’t stop raising interest rates due to these 4 factors
[ad_1] CNBC’s Jim Cramer on Monday listed four reasons why the Federal Reserve can’t stop tightening the economy just yet. Not enough people are reentering the workforce. That makes it more difficult for the Fed to stamp out wage inflation. There’s a mismatch between job openings and job seekers. While …
Read More »Gen Zers coming home for the holidays on mom and dad’s dime, study says
[ad_1] Travel demand has surged this year, although not everyone can afford the sky-high tab. Along with rising costs for hotels and rental cars, travelers can expect to pay up to 39% more for a round-trip flight around Christmas compared with last year, according to data from the travel booking app Hopper. …
Read More »This retailer’s profit warning is a bad sign for the holiday season
[ad_1] Are apparel retailers too optimistic about their earnings outlooks? If so, VF Corp. ‘s profit warning could be a sign of things to come. The parent of brands such as The North Face, Vans and Timberland said Monday its full-year results will miss the mark it set only a …
Read More »5 things to know before the stock market opens Monday, December 5
[ad_1] Traders work on the floor of the New York Stock Exchange during morning trading on December 2, 2022 in New York City. Michael M. Santiago | Getty Images Here are the most important news items that investors need to start their trading day: 1. Waiting on the Fed The …
Read More »These 10 cars have the greatest potential lifespan
[ad_1] New cars are getting increasingly expensive. But they’re also more durable than before, which means drivers have a better chance of getting their money’s worth. As the average transaction price for new cars reached an estimated $45,872 in November — the highest on record, according to a joint forecast from …
Read More »Death of the internal combustion engine — Cowen’s best stocks to play the trend
[ad_1] The rules of the road are changing when it comes to what people are driving — or will be driving in the future. For more than 100 years, automobiles have been powered by internal combustion engines. Yet around the globe, consumers are slowly shifting to electric-powered vehicles and countries …
Read More »Let Extreme Networks cool off before buying
[ad_1] Paramount Group Inc: “It is very inexpensive, but at the same time, I don’t like office real estate. So, I am torn on it.” Uranium Energy Corp: “There are no consistent brands right now in this country for nuclear power. It has too many enemies.” Extreme Networks Inc: “I …
Read More »Jim Cramer says these 3 apparel stocks benefit from return to office
[ad_1] CNBC’s Jim Cramer on Friday offered investors a list of clothing stocks that he believes will see upside as workers continue returning to the office. “After the huge run in the apparel stocks, I recommend ringing the register on the lower quality ones, so that you can swap into …
Read More »Markets need a strong job market, tame inflation
[ad_1] CNBC’s Jim Cramer on Friday told investors that stocks could see another strong week of trading, given the right economic conditions. “As the year winds down, the holidays will become more and more of a focus. Right now, the forecast is cloudy – too many cross currents. But if …
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