Cramer Remix: Why the decline in cloud stocks and Lyft's move higher go hand in hand

  • 📰 CNBC
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Jim Cramer discusses what the drop in cloud stocks signals for the IPO market.

Cloud stocks took a tumble during the trading session that was potentially fueled by investment funds raising cash to get ready for the next big initial public offering, CNBC's Jim Cramer said Thursday.

Lyft shares, after falling near $66 per share after its public debut Friday, closed up nearly 3% at $72, its initial IPO price. "A lot of money managers are betting we'll get a trade deal in the not-too-distant future, which is why Boeing and Caterpillar roared higher today," the host said. Cramer noted that Wall Street is"short-sighted" and typically frowns upon news that a company will make investments because investors are less inclined to buy into the long-term view."It's the cost of being public," Maloney said, shrugging off those concerns.Intuit has a new management team. Cramer said the company's leadership seems to be executing, but cautioned that the stock is a bit expensive as it has run up dramatically.

 

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

Blah, blah, blah ... pump, blah ,,,

Crater

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.

Cramer Remix: You can't ignore the rebound in these two food companiesJim Cramer digs into the packaged food industry and reveals how General Mills and JM Smucker have rebounded after its toxic turn.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Cramer: Investor apathy for Lyft is a big positive for this bull marketJim Cramer says Lyft's 'ice cold' entrance to the Nasdaq turns out to be 'great news for the rest of the market because we don't want a flood of hot IPOs.' Valuing a company that makes no money and, by their own admission, may never make any money, at $25 billion is apathy? Wow, do I ever need a mind adjustment. oh thank god - i hope what i lost on $LYFT i can make back on the $SPY hitting ATHs
La source: CNBC - 🏆 12. / 72 Lire la suite »

Cramer: 'We're in trouble' if JP Morgan's stock doesn't rally when it reports earnings'If that stock doesn't go up when it reports we're in trouble,' CNBC's Jim Cramer says. That is your first clue? You’re in trouble. jimcramer never will I be associated with TEAM We're $rvn $flo
La source: CNBC - 🏆 12. / 72 Lire la suite »

Cramer: Buy these stocks when investors are worried about rising labor, oil costs'The more downbeat stories we see about the market, the more likely it will be that we'll have a decent earnings season,' Jim Cramer says. Resimdeki ürün LG ürünüdür kimseye bu markayı tavsiye etmiyorum üründe hangi sorun olursa olsun sürekli aynı bahane kullanıcı hatası 😄 haksızmıyım lgturkiye 😄 dimi ah bu kullanıcılar IBM Now Has More Employees in India Than in the U.S. Businessinsider warrenbuffet wsj reuters MAGA cspan realDonaldTrump IvankaTrump GinniRometty
La source: CNBC - 🏆 12. / 72 Lire la suite »