Cramer Remix: I need to see better earnings before recommending this stock

  • 📰 CNBC
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Jim Cramer explains why he will not recommend Ford until the company puts up more than one good quarter.

CNBC's Jim Cramer took a call from a viewer about the stock of Ford, one of the iconic Big Three automotive companies that calls metro Detroit home."I'm not gonna recommend Ford. They are such a show me situation," he said."They absolutely, absolutely, absolutely have to put up to get not one but two good quarters before I'll even think about recommending it to my viewers.

There are many advantages in owning stocks, but index funds provide the best market exposure, he said.Carvana has been on a hot streak. The stock is up about 7 percent this week, 70 percent in 2019 and 160 percent year-over-year. "When Carvana was reporting great numbers in the fourth quarter and its stock was going down, it was a fabulous buying opportunity," Cramer said."Now, though, we keep getting what I'd consider to be bad news ... [in a] scathing research report, a disappointing quarter, [but] the stock keeps going higher. At these levels, you know what I say [sell].

On the other hand, Cramer thinks Dell Technologies is in an interesting position. He noted the computer maker is carrying more than $50 billion in debt on $10 billion cash flow.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Cramer Remix: The market's freak-out creates a fabulous buying opportunity in FunkoJim Cramer breaks down why Funko's stock is a steal at these levels. jimcramer ❤️ $alt
Källa: CNBC - 🏆 12. / 72 Läs mer »

Cramer: Why Monday's rally won't be the market's only good sessionJim Cramer says a sentiment change and optimistic analysts will help the market rise higher. Uhh....and u know this ahead of time because And it’s illegal? Wait what’s up with the algos Oh yea I forgot that’s only on down days
Källa: CNBC - 🏆 12. / 72 Läs mer »

Cramer: Dick's Sporting Goods 'dropped the bomb' in its earnings call that has hurt other retailersJim Cramer says Dick's Sporting Goods' plans to invest online could ruin the company's gross margins. Get woke go broke I've been in libraries that had more traffic than Dick's. That’s what happens when companies become political activists
Källa: CNBC - 🏆 12. / 72 Läs mer »