Cramer reacts to Walmart, Home Depot earnings: 'The vaccine is a headwind for them'

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

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

'There's no way Home Depot or Walmart can keep delivering this kind of growth once the world goes back to normal,' the 'Mad Money' host said.

, 12 cents higher than expectations, and brought in $33.54 billion on the top line, powered by a same-store sales increase of 24%.

Yet, their stocks pulled back anyway. Walmart broke a five-day win streak, falling about 3 points from its record close on Monday. Home Depot shares have traded on a downward trend over the past three months and are now 20 points away from its August highs. "The vaccine is a headwind for them. There's no way Home Depot or Walmart can keep delivering this kind of growth once the world goes back to normal," Cramer said, pointing out the effects that positive news about the vaccine research going on at

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 NG
 

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

This War so a Windfall tax implemented, not BS dividend increases, money should to small businesses. Criminal

$WMT and $HD are both the type of stocks you can hold for a long time.

watch/

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Cramer says Zoom's post-earnings sell-off is not bad news for stay-home thesis'Just because Zoom's insanely high growth is decelerating a tiny little bit, that doesn't mean the trend is over,' the 'Mad Money' host said. 90% of news about covid and trump CRAMER says this , says that ! he’s not your financial advisor! LMFAO Fluff
Source: CNBC - 🏆 12. / 72 Read more »

Holders of 'cult-assets,' like crypto, are putting pressure on the market, Jim Cramer says'Right now there are so many cult-assets ... that the true believers absolutely refuse to sell,' the 'Mad Money' host said. Cramer is losing respect with me now, this is just becoming manipulative now. One week he is in love with crypto. The next he thinks they’re a conspiracy and wants them banned. Reign in on him, because this, this is just reckless conduct on his part. Your producers control him who's Jim Cramer....? if everything he said were true, would bonds not be the correct move?
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer picks 10 dividend stocks that could benefit from Biden's capital gains tax proposal'If you're worried about Biden's plan to raise taxes on capital gains but not dividend income, well that's not a reason to sell everything,' CNBC's Jim Cramer said. MadMoneyOnCNBC jimcramer I'm still trying to figure out how to block Jim Cramer from my feeds. MadMoneyOnCNBC jimcramer Better sell ‘em quickly!
Source: CNBC - 🏆 12. / 72 Read more »