News Formal

Cramer says the time to buy Home Depot is before a Fed rate cut — plus, takes on 4 more stocks

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

Regwall-Investingclub Berita

Investingclubsample,Breaking News: Markets,Markets

CNBC's Jim Cramer on Tuesday offered his takes on five stocks outside the Investing Club portfolio, including Home Deport after its earnings report.

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Home Depot : Shares ticked higher despite the home-improvement retailer's lowered full-year comparable sales forecast. "You buy Home Depot before a rate cut, so I mean, it's ridiculous that this stock was down 15. That's just a knucklehead thing to do," Jim Cramer said.

"Baxter is a disaster," Cramer said. Hormel Foods : Shares rose nearly 2% after Citigroup upgraded the owner of Spam, Skippy peanut butter and other food brands to a buy rating from hold. "Hormel has had mediocre numbers for a little bit now, and I see no real solution there," Cramer said. Micron Technology : Shares added 2% as investors digested a Citigroup note in which analysts warned about a build up an inventory in the personal computer and wireless supply chains.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

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

Stocks making the biggest moves premarket: Home Depot, Starbucks, Hormel Foods, Chipotle and moreThese are the stocks posting the largest moves in premarket trading.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »