News Formal

Jim Cramer calls Paramount deal a ‘vanity project' and marvels at Spotify’s stock pop

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 20 min. at publisher
  • 📊 Quality Score:
  • News: 76%
  • Publisher: 72%

Music News

Movies,Entertainment,Media

Jim Cramer looks at five stocks outside the CNBC Investing Club’s portfolio.

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Waste Management : The company agreed to buy medical waste-disposal company Stericycle for $5.8 billion. Stericycle shares rose 15% on the news. Waste Management fell more than 3%. Jim Cramer said Monday that WM "going down is wrong." Becton Dickinson : The company agreed to buy Edwards Life Sciences' critical care unit for $2.3 billion.

5% after Bloomberg reported that Jim Beam owner Suntory is not in talks to buy the Sam Adams maker. Jim said it's terrible when a stock goes down on rumors. "Do some sourcing," he added. Paramount Global : The struggling media company and Skydance have agreed to merger terms, according to CNBC's David Faber . Paramount shares jumped 7% on the report. "This is a vanity project," Jim said. "There's nothing to it.

 

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 BUSİNESS

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 TuesdayU.S. stocks are little changed Tuesday, with the Dow being held back by the post-earnings drop in Disney.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market MondayU.S. stock futures rose Monday, following Friday's strong gains on April's jobs data.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market WednesdayWall Street's winning streak may come to an end Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market ThursdayU.S. stock futures are flat after the latest jobs data.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market FridayWall Street is poised for another higher open Friday. The Dow is on a seven-session winning streak. The S&P 500 aims to top March all-time high.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market MondayStocks are set to open Monday's session higher. Inflation data and the start of retail earnings are key themes this week.
Source: CNBC - 🏆 12. / 72 Read more »