Investing

Walmart: Calling Walmart’s recent $16 billion investment in Indian e-commerce play Flipkart “one of the gutsiest moves this company has ever made,” Cramer said the stock’s weakness in response was “ridiculous.” “With China dominated by Alibaba and the U.S. the province of Amazon, Walmart needed to try to take a piece of the second-most-populous country
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Health-care stocks whipsawed on Friday as President Donald Trump unveiled his long-awaited plan to lower prescription drug prices, dubbed “American Patients First.” The sector briefly turned negative before closing 1.5 percent higher. Shares of Express Scripts and CVS both hit session lows before rising 2.6 percent and 3.2 percent, respectively. Dow Jones industrial average components
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Prices for many prescription drugs may be high, but CNBC’s Jim Cramer argued Friday they might be worth the cost. “Some of the drugs are lifesaving,” Cramer said on “Squawk on the Street.” “That’s very hard to put a price on.” Cramer’s comments came ahead of President Donald Trump‘s scheduled announcement Friday afternoon of a
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Small-cap stocks typically benefit when the dollar gains in value, whereas larger-cap stocks and multinational companies tend to feel the heat under the same conditions. Smaller companies deal with more domestic sales, typically without the burden of having to translate overseas revenue from foreign currencies back into dollar terms. “Looking at the relative ratio between
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Roku on Wednesday afternoon releases its third quarterly earnings statement as a public company, and the options market is implying it expects something unique: relatively little. Stacey Gilbert, head of derivative strategy at Susquehanna, told CNBC’s “Trading Nation” that shares of the streaming technology company, which have plunged 36 percent this year, are expected to
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Investors have been stuffing themselves on a Thanksgiving feast full of technology stocks. Today, tech sector equities comprise nearly 30 percent of all large-cap mutual fund portfolios; this is an accident waiting to happen. This represents the largest “overweight” relative to traditional benchmarks, relative to other large-cap sectors, in two decades. This represents, too, nothing
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Patrick T. Fallon | Bloomberg | Getty Images Jen-Hsun Huang, chief executive officer of Nvidia Corp. Nvidia shares will thrive this year as the chipmaker should generate earnings per share above expectations, according to Bank of America Merrill Lynch. The firm reiterated its buy and “top sector pick” ratings on Nvidia, citing the company’s product
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It was a better-than-expected quarter for Tesla, but CEO Elon Musk’s behavior is making him look unhinged, says one analyst. Consumer Edge analyst Jamie Albertine, who is bullish on Tesla and has a price target of $385, said the company’s financial results were in line with his expectations, but Musk’s behavior on Wednesday’s conference call
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