News Formal

Alphabet's earnings sell-off is unwarranted. Here's how Jim Cramer would approach the stock now

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 61%
  • Publisher: 72%

Technology Nyheter

Morning Meeting Recaps,Jim Cramer,Investment Strategy

The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Wednesday's key moments. 1. Stocks were lower Wednesday as the market rotation out of large technology companies into small caps continued. Jim Cramer called out the decline in U.S. government bond yields, saying it points to signs that "the economy is weakening." Meanwhile, sectors like utilities and health care are holding up.

"Maybe if you want to buy 100 shares, you buy 25" of them on Wednesday, Jim explained. 3. Struggling beauty company Estee Lauder caught an upgrade from RBC Capital Wednesday. The firm took the stock to a buy-equivalent rating from sector perform and kept its $131 price target. Analysts argued investor sentiment has bottomed and that the stock's risk-to-reward profile skews favorable.

 

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.

Jim Cramer's top 10 things to watch in the stock market TuesdayOn tap Tuesday: Key earnings reports from Alphabet, Tesla and other big companies.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Spotify has transformed from a great product into a great business and stock, Jim Cramer saysSpotify's quarterly results were 'really extraordinary' and reflect the company's transformation into a great business, CNBC's Jim Cramer said Tuesday.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Jim Cramer's top 10 things to watch in the stock market WednesdayThe drumbeat to sell megacap tech stocks continues. But don't be fooled by the market reaction to Alphabet earnings: They weren't actually bad.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Jim Cramer says Elon Musk's post-earnings 'manifesto' signals a chance to buy Tesla plungeJim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Jim Cramer's top 10 things to watch in the stock market MondayWall Street was looking higher early Monday after finishing higher for the holiday-shortened trading week
Källa: CNBC - 🏆 12. / 72 Läs mer »