Stocks of 'good corporate citizens' such as Chipotle, Netflix are thriving, Jim Cramer says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

'Turns out rewarding your employees and protecting your customers is good for business,' the 'Mad Money' host said.

that was in line with Wall Street estimates for the first quarter, a quarter when global commerce was hampered by the coronavirus crisis. The restaurant chain in its Tuesday earnings report said it saw same-store sales fall 35% at one point in late March, but the stock managed to spike 12% to $882.26 in Wednesday's session, Cramer noted.

"Chipotle paid millions in bonuses to reward workers for ... showing up during the Covid era," Cramer said. "Because it's part of their DNA."reported a mixed quarterly report alongside a large surge in new subscribers After registering 15.8 million new subscribers globally, almost double estimates, management did warn that this growth rate was not sustainable. The rapid growth last quarter can be attributed to the millions of people in self-quarantine who need entertainment as they wait out the pandemic.

 

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

Can’t see it for the moment

Netflix corporation trading in NASDAQ Stock market positive changes because everyone people are stay at home. These days demand of netflix.

Best thing on Netflix .....

My put my sideline cash into these stocks...

Many small restaurants were told to close in my state, only the big guys get to make money

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 İE

Ireland Ireland Latest News, Ireland Ireland Headlines

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

These stocks millennials are investing in are 'very good for speculation,' Jim Cramer saysThe top stock picks on the Robinhood trading app for March is a 'fantastic list' for younger investors, the 'Mad Money' host said. Stocks? Gross. Just buy bitcoin.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: Snap, Netflix, Texas Instruments and moreStocks making the biggest moves after hours: Snap, Netflix, Chipotle and more
Source: CNBC - 🏆 12. / 72 Read more »

Market strategist says these 3 indicators will signal when it's time to buy stocks - Business InsiderMarket strategist Tony Dwyer says he will turn bullish on stocks when he sees these signs in credit markets. Indicators tell you late and are created to give people false hope. If you could actually use indicators to make consistent profit and then everyone would do it and everyone would be profitable wouldn’t they? Just their to give people false sense of security. In November, obviously.
Source: BusinessInsider - 🏆 729. / 51 Read more »

US stocks reboundInvestors continue to worry about the coronavirus pandemic's impact on the economy. Here's what's moving markets today. American stock market will be even better if Trump really does his job. omg Oil out, green energy in!! ProgressiveCapitalism
Source: cnnbrk - 🏆 393. / 55 Read more »

If stocks fall, here's one way to hedge against the downturn: TraderAs unprecedented volatility rocks the oil market and U.S. stocks grapple with the uncertainty surrounding the coronavirus pandemic, Todd Gordon of Ascent Wealth Partners suggests a trade on a long-term bond ETF. TradingNation HUMBUG
Source: CNBC - 🏆 12. / 72 Read more »

Stocks claw higher worldwide, oil prices crawl off the floorInvestors sent US stocks down by nearly a third from February into late March, before efforts to slow the spread of the coronavirus threw the economy into a recession.
Source: trtworld - 🏆 101. / 63 Read more »