News Formal

Cramer Remix: Don't panic over the housing start number; Instead, use it to buy into these stocks

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

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Jim Cramer breaks down the companies he's seeing opportunity in following the release of disappointing February housing data.

CNBC's Jim Cramer on Tuesday said investors should not panic about February's"truly pathetic" housing starts number because the market is primed to bounce back.

Cramer predicted home building will be stronger in March. The Federal Reserve's rate hike in December, despite Cramer's objections, made home prices and mortgages more affordable, and raw materials costs have fallen faster than housing prices, he said. The decrease on 10-year Treasury yields is also a"godsend for the industry," he added.

Lyft will list on the Nasdaq Friday. AirBNB and Uber plan to go public this year, and Slack, Palantir, and WeWork could join the fray as well. The S&P is in good shape, according to Boroden, but her Fibonacci methodology indicates there cuold be some rollover, he said. "After spending months as Fortnite's punching bag, Electronic Arts has jumped on the battle royale bandwagon with Apex Legends and this one hugely popular game has turned the whole story around," Cramer said."That's why the stock caught fire. That's why the stock has more room to run."Five9, a cloud software provider for contact centers, is changing the way that call centers work for businesses, CEO Rowan Trollope told Cramer.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

MadMoneyOnCNBC It’s not just the housing starts....it’s the leadership and the housing starts are not good....

MadMoneyOnCNBC Primed for some MedicineManTech with laws becoming lax for publicly traded CO mj companies.

MadMoneyOnCNBC Generally when someone emphatically tells you “Don’t Panic!”...It’s time to panic! As in...Don’t panic...But there is a bear 🐻 behind you!

MadMoneyOnCNBC Jim pls help us get to the truth of the Salesforce/Backpage charges of facilitating advertising of human trafficking

MadMoneyOnCNBC Been listening to this 'pent-up demand' story for too long. Millennial affordability and pricing is disconnected. Market is not in a place to need as much inventory of overpriced housing as it is believed.

MadMoneyOnCNBC This coming from a guy that saw the huge market crash coming and didn’t warn people back then! He just kept pushing crap and pretending things were fine! What a jerk!

MadMoneyOnCNBC

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: Forget the stocks caught in the trade war crossfireJim Cramer reveals why Nike is an ideal investment that can do well with or without a trade deal. What ? They are the stocks with the most risk , and the greatest return.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Cramer: Buy Nike's pullback because the company will over deliverJim Cramer says don't sweat Nike's conservative guidance. bc Nike made in China, that's why 🤣🤣🤣
Källa: CNBC - 🏆 12. / 72 Läs mer »