Everything Jim Cramer said about the stock market on 'Mad Money,' including trade deal stocks, tariff impacts, Robinhood fractional shares

  • 📰 CNBC
  • ⏱ Reading Time:
  • 76 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Everything Jim Cramer said on 'Mad Money,' including trade deal stocks, Robinhood fractional shares

CNBC's Jim Cramer reveals a list of stocks that he thinks would be worth buying if the United States and China come to terms on a trade deal. The "Mad Money" host, however, goes on to let viewers know that he is still in favor of President Donald Trump adding more tariffs to Chinese imports to force the country to make more concessions in a trade deal.

"I still think the best way to bet on a trade deal is by presuming something's going to go wrong, even after today's encouraging developments," he said, adding he would rather own "stocks that have nothing to do with the trade war, but I know people have been demandingChinese President Xi Jinping attends a Russian-Chinese energy and business forum on the sidelines of the St. Petersburg International Economic Forum , Russia June 7, 2019.in the U.S.-China trade war.

The host said he's cynical about free trade as opposed to most Wall Street professionals, highlighting that China's practices of subsidizing domestic companies has negatively impacted America's manufacturing economy, including electronics, toys and even gift wrapping, which once was a moneymaker for his father, "Pops."

"With each of these items, I see a group of towns that's been decimated by permanent, normal trade relations with China, just like the towns that made gift wrap for my dad's jobbing business," he said.are "already in line" for fractional stock trading on the app in the few hours since it announced the service, co-CEO Vladimir Tenev told Cramer.

"The early signs are really promising," the co-founder said in a one-on-one interview. "We just have to keep focus on what we've always been focused on, which is keep reducing friction and be the best place possible for new investors to start investing."

 

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

United States United States Latest News, United States United States Headlines

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

Jim Cramer reveals a list of stocks worth buying on a US-China trade deal'Just remember, please, these are mostly short-term trades, not investments,' the 'Mad Money' host says. pump news What about energy stock $GE
Source: CNBC - 🏆 12. / 72 Read more »

Everything Jim Cramer said about the stock market on 'Mad Money,' including bullish on Tesla, millennial homebuying'Mad Money' host Jim Cramer breaks down why Tesla has the green light. Later in the show he reveals signs that the millennial homebuying market is heating up. Jim Cramer is the Matthew Berry of stock picking Millennial homebuying? How with 22/22/22 rule? He’s bullish on Tesla now A bit late to the party 🎊 Oy Vey !
Source: CNBC - 🏆 12. / 72 Read more »