CNBC's Jim Cramer on Monday said a variety of companies, to their detriment, won't admit they're hurting due to certain ongoing economic trends.
"If companies would just own up to their changing circumstances, things would be so much easier for everybody. But who wants to admit that they made mistakes?" he asked. "If they'd just own up, I think they'd earn a lot of credibility for themselves, leading to higher stock prices down the line. Instead, their stocks languish, as investors try to assess what's really going on, and they presume the worst, not the best.
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:
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 touts Caterpillar's quarter — plus, his thoughts on 4 more stocksCNBC's Jim Cramer highlighted five stocks outside the Investing Club portfolio on Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »
Jim Cramer gives a tactical look at the market rotation out of tech stocksCNBC's Jim Cramer reminded investors of his classic adage: Keep a diverse portfolio.
Source: CNBC - 🏆 12. / 72 Read more »
Jim Cramer's top 10 things to watch in the stock market MondayEli Lilly catches an upgrade after earnings. For the market overall, inflation data will be key this week.
Source: CNBC - 🏆 12. / 72 Read more »
Jim Cramer's top 10 things to watch in the stock market MondayA global sell-off is underway, with Japan front and center. In the U.S., tech stocks were leading the declines.
Source: CNBC - 🏆 12. / 72 Read more »
Jim Cramer's top 10 things to watch in the stock market MondayThe S&P 500 and Nasdaq were heading for a higher open Monday after a tough week.
Source: CNBC - 🏆 12. / 72 Read more »
Jim Cramer's top 10 things to watch in the stock market MondayWall Street looked to rebound Monday after the S&P 500's worst week since April.
Source: CNBC - 🏆 12. / 72 Read more »