Jim Cramer's word of caution on Target-Shopify deal — plus, his thoughts on 4 more stocks

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. IBM : Shares rose 3% after Goldman Sachs initiated coverage of the stock with a buy rating. "We were surprised last quarter ... how much they're helping companies adjust to the new world" around artificial intelligence, Jim Cramer said.

5% after the retailer said companies that use Shopify's commerce platform can apply to join its third-party marketplace known as Target Plus. While Cramer was upbeat on the tie-up, he offered a word of caution to investors. "Please don't bet that this is going to help them this quarter," he said. In retail, the CNBC Investing Club owns the likes of Amazon , Costco and TJX Companies .

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

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.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

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.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

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.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

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.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »