Jim Cramer: Start believing in the Gap turnaround, but avoid this falling tech stock

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 17 min. at publisher
  • 📊 Quality Score:
  • News: 63%
  • Publisher: 72%

Estee Lauder Companies Inc News

Palo Alto Networks Inc,Zscaler Inc,Ulta Beauty Inc

CNBC's Jim Cramer on Friday offered his thoughts on the latest earnings reports from companies including Gap, Dell and MongoDB.

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Dell Technologies : Shares tumbled more than 21% after the server and PC maker's earnings failed to meet Wall Street's sky-high expectations, particularly due to margin pressures. "I think Dell is absolutely fine. The stock got way ahead of itself," Jim Cramer said.

" Richard Dickson, second time in a row he's done well. People better start believing," Cramer said, noting that prior to earnings the stock had largely been under pressure since late March. "All four divisions up." Ulta Beauty : The stock gave up earlier gains and dropped about 0.6% despite a slightly better-than-expected earnings report.

 

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

 /  🏆 12. in BUSÄ°NESS

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.

Jim Cramer's top 10 things to watch in the stock market FridayWall Street was looking to close the month of May on a positive note.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market ThursdayIn early trading, the Dow was leading the way lower as it has done in recent sessions.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market WednesdayStock futures slipped Wednesday as U.S. Treasury yields advanced for a second consecutive day.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer explains why stock splits can bring gainsAfter Nvidia announced its 10-for-1stock split last week, CNBC's Jim Cramer explained why moves like these can give companies a boost.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer likes bullish calls on Viking and Airbnb but is cautious on this bankJim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market TuesdayThe divergence on Wall Street was continuing Tuesday, with the Dow under pressure and the tech-heavy Nasdaq looking higher.
Source: CNBC - 🏆 12. / 72 Read more »