The best time to invest is when investors are concerned that increased labor and gasoline expenditures will negatively impact company profits ahead of earnings season, CNBC's Jim Cramer said Wednesday.
In Delta Air Lines' case, the stock jumped 6 percent on Tuesday, and another 3 percent on Wednesday, on news that the carrier raised first-quarter earnings, he said. Because of better-than-expected revenues, the airline is forecasting earnings to fall in the 85 cents to 95 cents range, compared to the 80 cents that analysts expected. Stock traders thought Delta would have low traffic and higher fuel costs, he said.
"Home Depot now trades at $198," Cramer said."You had to buy it when everyone else was fleeing in terror. Now you have Home Depot's best-selling season right in front of them in the next two weeks ... because of gardeners and grillers alike."
IBM Now Has More Employees in India Than in the U.S. Businessinsider warrenbuffet wsj reuters MAGA cspan realDonaldTrump IvankaTrump GinniRometty
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
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »