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Jim Cramer advises against selling Starbucks stock despite new CEO Brian Niccol's announcement of disappointing earnings. Cramer believes that these challenging decisions are part of a necessary strategy to stabilize the company.
Jim Cramer advises caution before investing in Nucor, following a disappointing earnings report and unexpected weak guidance for the fourth quarter. While he acknowledges potential benefits from future rate cuts, he emphasizes the need for more clarity on the Federal Reserve's decisions before making investment choices.
Jim Cramer noted that recent gains in Big Tech stocks were driven by shifts in the bond market rather than the companies' fundamentals, as rising bond yields prompted investors to move away from cyclical stocks. Despite a downturn in the Dow and S&P 500, the Nasdaq Composite saw a slight increase, with stocks like Amazon, Meta, Alphabet, and Microsoft benefiting. Cramer reassured investors that the current market fluctuations are temporary and that solid companies can rebound even after disappointing earnings reports.
The 'Magnificent Seven' stocks are showing resilience as the market recovers from its lows on Tuesday. Meanwhile, the CNBC Investing Club with Jim Cramer provides the Homestretch, an actionable update every weekday for the final hour of trading on Wall Street.
Jim Cramer advocates buying American Express shares during their recent dip, highlighting the company's success in attracting younger customers who are likely to remain loyal for decades. Despite a slight revenue miss and a trimmed forecast, American Express reported a significant earnings beat and strong credit quality, suggesting long-term growth potential. Cramer believes the market is undervaluing these strengths, making this pullback an opportune moment for investors.
Jim Cramer reassured investors not to panic over rising bond yields, stating that the stock market has thrived even with yields at 5% and 6%. Despite a slight dip in major indexes, he highlighted that corporate buybacks and index fund inflows could counteract selling pressure, creating a temporary stock shortage.
Jim Cramer
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Jim Cramer advises against selling Starbucks stock amid CEO changes
15:52 23.10.2024
Cramer advises caution on Nucor following disappointing earnings and guidance
00:41 23.10.2024
money shifts back to big tech amid rising bond yields
00:40 23.10.2024
magnificent seven stocks lead market recovery on tuesday
20:52 22.10.2024
Jim Cramer advocates buying American Express shares during recent dip
01:25 22.10.2024
investors urged to stay calm amid rising bond yields and market fluctuations
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00:36 22.10.2024
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