Jim Cramer shares his thoughts on 3 stocks including McDonald's after tech outage

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

During the CNBC Investing Club's Morning Meeting on Friday, Jim Cramer weighed in on the stocks of McDonald's, Micron and Snowflake.

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. McDonald's : The fast-food chain had to temporarily suspend operations at stores in some countries, including Japan, after suffering a technology outage. The company said it was not related to cybersecurity. Shares fell about 0.4% Friday. "This will have no impact whatsoever, except for to buy the stock because McDonald's, in the end, is king," Jim Cramer said.

The call comes ahead of Micron's fiscal second quarter earnings report Wednesday. Cramer said he's wary of price-target bumps rooted in multiple expansion for stocks. "I think that Micron, when they actually report, will be disappointing. Why do I say that? Because Micron is inherently disappointing. It seems to be what they do, and that's because … Sanjay Mehrotra does not like to get expectations ahead" of themselves unlike companies such as Adobe, Cramer said.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Jim Cramer’s guide to investing: How did Cramer become interested in the market?CNBC's Jim Cramer explains what drew him to the stock market as a kid.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Jim Cramer’s guide to investing: How to start picking individual stocksCNBC's Jim Cramer advised beginner investors on how to successfully begin picking individual stocks.
Fuente: CNBC - 🏆 12. / 72 Leer más »