Cramer says these 10 stocks helped the Dow briefly crack 40,000

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 59%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

CNBC’s Jim Cramer listed ten stocks that helped the Dow Jones Industrial Average briefly top 40,000 on Thursday, a new high for the index.

CNBC's Jim Cramer listed ten stocks that helped the Dow Jones Industrial Average briefly top 40,000 on Thursday, a new high for the index."To me, this list is emblematic of the fact that we should spend a lot less time focusing on the Fed—it's really only fueled the gain in Travelers—and a lot more time discussing management and mission," Cramer said."That's what propels these stocks long term, and that's what makes the difference.

: According to Cramer, Microsoft's huge investment in artificial intelligence and Open AI has paid off, adding that its cloud infrastructure business, Azure, is seeing success.: Cramer attributed Goldman's gains to CEO David Solomon, who he said made a smart decision to steer the company away from serving the average consumer and back towards its original target clientele — those with extreme wealth.: Merck is raking in great profits from its cancer treatment, Keytruda, Cramer said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 319. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: Dow snaps two-day win streak after brief foray above 40K levelStock Market Today: Dow snaps two-day win streak after brief foray above 40K level
Source: Investingcom - 🏆 450. / 53 Read more »

Cramer: I still have hope for Under Armour despite its weak quarterly earningsJim Cramer needs to see proof of a turnaround at Under Armor before buying the stock.
Source: CNBC - 🏆 12. / 72 Read more »