Jim Cramer on CNBC’s Halftime Report. Scott Mlyn | CNBC CNBC’s Jim Cramer said Thursday he believes that scientists testing treatments for the new coronavirus will succeed in getting patients “out of the hospital faster” and reducing “death sentence” concerns. “I think the scientists are going to solve it,” predicted Cramer, who has been advising
A recent survey bodes well for airlines, including United Airlines (NASDAQ:UAL). Other good signs for the sector’s names, particularly UAL stock, are the continuously rising momentum behind opening the economy, exceptionally low oil prices, and the proliferation of antibody tests. Source: travelview / Shutterstock.com New indications that the novel coronavirus may not be as deadly
As more devastating economic numbers flood national headlines, it’s becoming clear that a V-shaped recovery only exists in the minds of the extremely optimistic or the hopelessly naïve. On Thursday, the U.S. Department of Labor reported that 4.4 million people filed for unemployment benefits for the week ending April 18. Unfortunately, it’s becoming untenable to
Take a look at some of the biggest movers in the premarket: Delta Air Lines (DAL) – Delta lost 51 cents per share for the first quarter, less than the 70 cents a share Wall Street had anticipated. Revenue was below forecasts, however, and fell 18% from a year ago. Delta said it expects to
Source: GagliardiPhotography / Shutterstock.com Welcome to InvestorPlace’s American Airlines (NASDAQ:AAL) live blog, where you can find up-to-the-second insights in AAL stock news today. [Check back often, as this page will be updated with more AAL stock news and insights each day the market is open.] What Does the Future Hold for AAL and Its Peers? [Thursday, April
Geology is the study of pressure and time. That’s all it takes really… pressure… and time. Red Redding “The Shawshank Redemption” Pressure. Time. And a big gosh darn supertanker. Apologies for altering one of Morgan Freeman’s most famous lines in movies, but it had to be done to fit the oil drama that’s playing out
Some so-called novel coronavirus stocks have printed modest, token gains. Not health services app Teladoc Health (NYSE:TDOC). Despite taking a 5% hit on the Tuesday, April 21 session, TDOC stock has more than doubled from this year’s opening price. Naturally, the nature of Covid-19’s infectiousness has greatly expanded the company’s profile. Source: Piotr Swat /
With the global economy in a recession and China-U.S. tensions at all-time highs, now is not a good time to be exposed to higher-end smartphones. As a result, investors should sell Qualcomm (NASDAQ:QCOM) before Qualcomm stock follows Apple down. Source: jejim / Shutterstock.com In a column published on Mar. 13, I contended that “Apple (NASDAQ:AAPL)
Chipotle Mexican Grill is a chain of restaurants in the United States, United Kingdom, Canada, Germany, and France, specializing in Mission burritos and tacos. Roberto Machado Noa | LightRocket | Getty Images Check out the companies making headlines in midday trading. Chipotle — Shares of the Mexican restaurant chain rose nearly 10% following its strong
After a slow start, bulls got to work in the stock market today. The S&P 500 closed higher by 1.39%, although it still ended the week lower by about 1%. Investors had to digest quite a few earnings reports this week, but it seemingly pales in comparison to the number of reports scheduled for next
CNBC’s Jim Cramer on Thursday laid out two buckets of stocks that he recommends investors consider adding to their portfolios. In making his case for the stock picks, the “Mad Money” host admonished index investing in this volatile market environment. “Stop circling the wagons around index funds here,” he said. Investing in index funds, a
Netflix (NASDAQ:NFLX) stock is coming off record highs and just issued quarterly earnings that show skyrocketing subscriber growth. You’d think that’s a recipe for the bullish rally to continue, right? Source: vesperstock / Shutterstock.com Not so fast. There are actually a lot of contrarians out there who pushed Netflix stock down following its April 21
When oil services giant Halliburton (NYSE:HAL) reported its first-quarter results on Monday, the share price shot up by about 15% to $7.94. But unfortunately, this was little comfort for longer-term shareholders. Consider that – a year ago – Halliburton stock was at $31 or so. Source: Casimiro PT / Shutterstock.com OK then, so let’s take
Eddie Rodriguez (R) and other City of Hialeah employees hand out unemployment applications to people in their vehicles in front of the John F. Kennedy Library on April 08, 2020 in Hialeah, Florida. Joe Raedle | Getty Images Another 4.3 million workers are expected to have filed state unemployment claims last week, bringing the total
It was a strong end to the week, though the S&P 500 was still on track for a weekly loss, as oil rallied again and tech stocks drove the major equity averages higher on Friday. Source: Provided by Finviz The S&P 500 added 1.39% The Dow Jones Industrial Average advanced 1.09% The Nasdaq Composite climbed 1.65%
A Sierra Wireless display at a trade show. Source: Sierra Wireless Lion Point Capital, run by alumni of Elliott Associates, Perry Capital and Starboard Value, struck an agreement this month with Sierra Wireless, a struggling telecom hardware maker that’s trying to become a software company. We believe Lion Point has a good chance at getting
If you want to find a way to profit off how the novel coronavirus is changing our future society, one place you should be looking to is streaming media stocks. That’s where Roku (NASDAQ:ROKU) stock comes into play. Source: jejim / Shutterstock.com As most of us are living under stay-at-home orders and social distancing during
There’s a narrative surrounding Rite Aid (NYSE:RAD) stock that I don’t completely agree with. According to that narrative, RAD stock is a ‘cheap’ bet on a potential turnaround under new management. Source: Jonathan Weiss / Shutterstock.com That’s true as far as it goes. Heyward Donigan took over as chief executive officer in August. Rite Aid
Take a look at some of the biggest movers in the premarket: American Express (AXP) – American Express reported quarterly profit of $1.98 per share, an adjustment that excludes an increase in credit reserves, with GAAP earnings at 41 cents per share. The consensus estimate was $1.43 per share. The financial services company increased its
The stock market caught a nice rally on Friday, sending it higher into the weekend as investors prep for another busy week of earnings. With that in mind, let’s look at a few top stock trades for Monday. Top Stock Trades for Monday No. 1: Intel (INTC) Shares of Intel (NASDAQ:INTC) were getting buried after