Jim Cramer's Investing Club meeting Wednesday: Overbought market, Salesforce, Alphabet

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

United States News News

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

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. Holding off on buying Be wary of Salesforce downgrade Watch for potential Alphabet pop 1. Holding off on buying Stocks rose Wednesday to continue a positive start to the year, spurred by economic data suggesting the Federal Reserve is making headway in its fight against inflation.

But we disagree with their thesis since soon-to-be sole CEO Marc Benioff reportedly told employees about half of Salesforce account executives brought in more than 95% of deals, with the lack of productivity stemming largely from newer hires. 3. Watch for potential Alphabet pop While tech has gained this week on the back of upbeat economic data, there is one stock, in particular, we expect to rise even further.

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
 

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

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.

Afternoon update: Here's why Jim Cramer says this market rally ‘will not last’Jim Cramer says the strength in stocks seen Monday afternoon is a “countertrend day,” not the real deal. New bull market confirmed PatrickCeresna Sounds like the rally has legs. Inverse Cramer wins again. Who was dumb enough to buy into this rally built in nothing?
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer warns investors not to ‘gamble’ on tech stocks despite recent gains'These short-term sector rotations like we saw today – they're irrelevant because they can't last,' he said. Lol screw you dud All in Thanks, doubled my long QQQ calls straight away. 🚀
Source: CNBC - 🏆 12. / 72 Read more »