[ad_1] Certara Inc: “They’re not bad. They actually don’t lose money. … I think it’s a great spec, and I usually don’t say that.” Melco Resorts & Entertainment Ltd: “It’s a nice spec on the idea that Covid is going to be beaten, but I do not like the gambling …
Read More »Johnson & Johnson CEO touts ‘smart’ data approach at new center
[ad_1] Johnson & Johnson is honing in on finding new solutions to advance health care treatments, CEO Joaquin Duato told CNBC’s Jim Cramer on Tuesday. The “Mad Money” host sat down with the chief executive on Tuesday at the opening of the company’s new research and development center in San …
Read More »Market rallies will be sporadic until inflation comes down
[ad_1] CNBC’s Jim Cramer on Tuesday said that any rallies in the market will be short-lived as long as inflation remains persistent. “Sometimes you don’t need to know the price of the Dow, you just need to know the price of Kerrygold butter or a Lennar three-bedroom,” the “Mad Money” …
Read More »Deutsche Bank downgrades data storage company Western Digital
[ad_1] It’s time to move to the sidelines on Western Digital , according to Deutsche Bank. Analyst Sidney Ho downgraded shares to hold from buy, citing weak demand ahead. The analyst also lowered her price target on the stock to $40 from $56. The new target implies upside of roughly …
Read More »Intuit CEO sees healthy consumer spending, but inflation is key worry
[ad_1] Intuit sees strong consumer spending despite persistent inflation dogging the economy, company CEO Sasan Goodarzi told CNBC’s Jim Cramer on Monday. Goodarzi noted that the financial software firm is able to see consumer spending, the number of employees that businesses have hired and the number of hours they’ve worked. …
Read More »International Paper is not a buy
[ad_1] Matterport Inc: “I’d rather be in HP. … This company is losing too much money.” Medtronic PLC: “These guys have lost their way. … They are not executing.” International Paper Co: “Once that starts rolling over, it rolls over big. I do not want you to touch that stock.” …
Read More »Jim Cramer’s 3 reasons why profitable tech stocks are getting hit
[ad_1] CNBC’s Jim Cramer on Monday offered three reasons why tech firms, including companies with strong balance sheets, are seeing pain in the stock market. The “Mad Money” host, who is filming the show from San Francisco this week, reiterated his warning against unprofitable companies from earlier this year but …
Read More »Homebuilders often outperform after weakness, KeyBanc double upgrades
[ad_1] It’s time to buy D.R. Horton, Lennar and other homebuilders as the housing market is due for a comeback, according to KeyBanc Capital Markets. Analyst Kenneth Zener double upgraded the homebuilding sector to overweight from underweight, saying history points to higher prices after declines this year, which came amid …
Read More »Oppenheimer upgrades Netflix, says new ad tier can boost growth
[ad_1] Netflix ‘s new ad-supported subscriber can give the stock a much-needed boost, according to Oppenheimer. Analyst Jason Helfstein assumed coverage of Netflix and upgraded the stock to outperform, saying that the results of its recent consumer survey suggested further growth in the streaming giant when it launches its advertising …
Read More »Morgan Stanley downgrades payments company NCR, says investors need clarity after split announcement
[ad_1] Investors should stay on the sidelines for now when it comes to payments company NCR , according to Morgan Stanley. Analyst Erik Woodring downgraded NCR to equal weight from overweight, saying the path to unlocking shareholder value is “less clear and longer tailed” after the company said it would …
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