Jim Cramer says his group of 'FANG' tech companies have lost their magic

  • 📰 CNBC
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Jim Cramer gave his take on the 'FANG' companies, his acronym for Facebook-parent Meta, Amazon, Netflix and Alphabet.

"'FANG' has become worthless as a name, an acronym, an amalgam, because of sheer ennui. Nobody cares anymore, nor should they,"Stocks fell on Monday ahead of a potential interest rate hike from the Federal Reserve and aCramer said that one of his main issues with the "FANG" group is that the companies are opaque, which doesn't allow investors to make informed decisions about their stocks.

Amazon: The stock will go higher if Amazon lays off even more of its workforce after already cutting more than. If the company doesn't take that step, its stock will fall and the company will become unworthy of its $1 trillion market capitalization. Google-parent Alphabet: The company is largely an advertising business, which has been hit hard by the slowing economy, yet remains unclear about the challenges it's likely facing., which in recent years has been added to the original acronym to create "FAANG," is a more transparent company with an attractive price-to-earnings multiple. Investors who own the stock should hold onto their shares, he advised.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Yeah, like 6 months ago. Why is he always standing in the bomb crater warning everyone.

Buy signal

Yeah I hate strong secular tailwinds, huge moats, high margins, low debt, huge cash flows, and fortress balance sheets. Why would anyone own them? The thing about Cramer is he has to come up with new material every day to get a sound byte. He is the ultimate

Never, ever comingle entertainment and investing?

Jim Cramer should’ve been the villain the MCU was building up to.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Jim Cramer's Investing Club meeting Monday: Dow stocks, Fed, FordInvesting Club: 3 investing lessons from the Club’s meeting Friday: Dow stocks, Fed, Ford
La source: CNBC - 🏆 12. / 72 Lire la suite »

Jim Cramer's top 10 things to watch in the market Monday: FANG-obsession over; crazy earnings, Fed, jobs weekBig week ahead, and big run so far in 2023. But earnings, the Fed's decision and jobs data will test the stock market bulls' resolve.
La source: CNBC - 🏆 12. / 72 Lire la suite »

What to watch for when 9 Club holdings report earnings on ThursdayEarnings season for the Club will hit a fever pitch Thursday, when nine companies in Jim Cramer's Charitable Trust report quarterly results.
La source: CNBC - 🏆 12. / 72 Lire la suite »