Cramer: eBay's results boost investment case for stocks like Costco and Amazon

as management warned about softening consumer demand beginning in September and extending into the current sales period, particularly in Europe. U.S. shoppers also are looking for more value, management said.

The commentary from eBay executives painted a picture that says, "Oh man, I'd rather be in Costco. I'd rather in Amazon. I'd rather be in Walmart," Cramer said on "Squawk on the Street." Cramer's Charitable Trust, the portfolio used by the CNBC Investing Club, owns shares of Costco andJim Cramer says this consumer stock is the one to own if the economy continues to softenShares of eBay fell nearly 6% in early trading Wednesday, to around $38.40 each.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Cramer: eBay's results boost investment case for stocks like Costco and AmazonThe commentary from eBay executives painted a picture that says, “Oh man, I’d rather be in Costco. I’d rather in Amazon,” Jim Cramer…
출처: nbcchicago - 🏆 545. / 51 더 많은 것을 읽으십시오 »

Jim Cramer says the market made major strides during last week's rallyCNBC’s Jim Cramer on Monday said last week’s market action may not be temporary.
출처: NBCLA - 🏆 319. / 59 더 많은 것을 읽으십시오 »

Jim Cramer says the market made major strides during last week's rallyCNBC’s Jim Cramer on Monday said last week’s market action may not be temporary.
출처: nbcchicago - 🏆 545. / 51 더 많은 것을 읽으십시오 »