Cintas Corp: “It’s one of the greatest small business companies in the world.” VF Corp: “I am very worried about VF.” AST SpaceMobile Inc: “That’s a very tough one to own.” Disclaimer: Cramer’s Charitable Trust owns shares of Pioneer Natural Resources. Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no … Read more
View More Cramer’s lightning round: Zoom Video needs a merger
CNBC’s Jim Cramer on Friday advised investors to ring the register on some of their positions to take advantage of the bull market. “I don’t know if we can continue this week’s bizarrely bullish behavior, but it’s worth sticking around and … you can trim a bit of some stock that you’re up a lot,” … Read more
View More Cramer’s week ahead: Take advantage of the bull market by selling some shares
Tech stocks on display at the Nasdaq. Peter Kramer | CNBC The Nasdaq just wrapped up its fifth straight week of gains, jumping 3.3% over the last five days. It’s the longest weekly winning streak for the tech-laden index since a stretch that ended in November 2021. Coming off its worst year since 2008, the … Read more
View More Tech stocks just finished a five-week rally — the longest stretch since market peak in November 2021
Ford Motor (F) CEO Jim Farley said the automakers’ messy fourth quarter was a function of its transition to a new business structure that limited production capacity, combined with poor execution. But we remain disappointed in the results and need to see an increase in profitability to stick with the stock after the next quarter. … Read more
View More Ford’s CEO needs to deliver by next quarter, or we’re moving on from the stock
On Friday’s “Ask Halftime,” our traders answered questions from CNBC Pro subscribers about stocks and ETFs during this heightened market volatility, including whether to buy, sell or hold specific companies Jenny Harrington of Gilman Hill Asset Management discussed shipping line Star Bulk Carriers and why she thinks China reopening will benefit Star near-term. Virtus Investment … Read more
View More Star Bulk, Alphabet, and more: CNBC’s ‘Halftime Report’ traders answer your questions
Jenny Harrington, CEO at Gilman Hill Asset Management, is selling shares of Chevron and snapping up shares of Pioneer Natural Resources as part of her strategy focusing on dividend yields. Harrington said on CNBC’s ” Halftime Report ” that although Chevron has been improving its performance, its dividend yield has declined below her portfolio’s dividend … Read more
View More Investor Jenny Harrington says she’s dumping Chevron for this energy stock that pays a higher dividend
Calling the early 2023 stock market rally largely over, UBS Global Wealth Management has its eye on stocks with higher dividend yields. Strategist David Lefkowitz said U.S. stocks gained due to improved economic growth in Europe and China as well as dimming concern over further interest rate hikes from the Federal Reserve. The S & … Read more
View More UBS says seek income as market upside is over and names 10 attractive dividend payers
Buckle up, Nordstrom shareholders. Volatile trading is ahead. Activist investor Ryan Cohen is building a stake in the department store chain as he looks to shake up its board, people familiar with the matter told CNBC on condition of anonymity. Cohen’s interest in the company was first reported by The Wall Street Journal . Not … Read more
View More Nordstrom could use an activist, but Ryan Cohen might not be the right one
The surge of cash into debt funds in 2022 is helping fuel the growth of more esoteric forms of bond ETFs, including two funds launched in January that buy packages of predominantly leveraged corporate loans. BlackRock launched the AAA CLO ETF (CLOA) less than a month ago, and the product already has about $30 million … Read more
View More New structured credit ETFs are hitting the market just as investors hunt for income
The U.S. economy added far more jobs than expected in January, boosted by a jump in leisure and hospitality employment. That one service sector saw an increase of 128,000 jobs in the month, led by 99,000 positions at restaurants and bars alone, the Bureau of Labor Statistics said in a report released Friday. Employment at hotels continued to … Read more
View More Here’s where the jobs are for January 2023 — in one chart