Cramer says Wall Street analysts playing catch-up to market rally: 'Just a very bullish moment'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Analysts underestimated the staying power of the stock market's 2019 advance and they're being forced to scramble, CNBC's Jim Cramer said Thursday.

said Thursday that research houses on Wall Street underestimated the staying power of the stock market's 2019 advance and they're being forced to scramble.

"Most of the analysts are catching up. They didn't see this rally coming. So they are trying to raise price targets to where the stocks are, if not beyond. And that's just a very bullish moment," Cramer said on Cramer's comments came a day after he said that investors shrugging off Iran's Tuesday night retaliation for last week's U.S. killing of a top Iranian general showed how badly people want in.

 

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

Really don't played in woerking or in live life personal what you mien you was not mien alone in me woerking in everything what I have what I doing whithe coutreys or cityes peoples I don't thinks played woerking oll the time I sayed that

i feel honored to be blocked by joesquawk; he continues to be a total moron, but then again many recognize, except of course andy lack, which is not surprising given what we know about him 😳

the banker cartels gotta pump!!! as long as the people don’t understand where the money comes from, the only way is up up up!!! freefedmoney notastockbubble differentthistime

the same thing was said 9/30/2018.....and then...well..you know

jimcramer is desperately waiting for the dip he is rapidly ageing in front of us PoorJim

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 CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Earnings Preview: Wall Street Banking On Profits To Rebound In 2020After flat earnings growth in 2019, corporate profits are expected to rebound in 2020 by skleb1234 skleb1234
Source: Forbes - 🏆 394. / 53 Read more »

Earnings Preview: Wall Street Banking On Profits To Rebound In 2020After flat earnings growth in 2019, corporate profits are expected to rebound in 2020.
Source: Forbes - 🏆 394. / 53 Read more »