Investing

CNBC’s Jim Cramer on Friday said Chemical Financial, a regional bank with more than 200 locations, is worth a buy. The Detroit-based bank is on the verge of becoming a powerhouse in the Midwest once its deal for TCF Financial closes in the second half of the year, and analysts are anticipating that it will

Canopy Growth could generate more than $1 billion in revenue by the end of its fiscal year, Constellation Brands CEO Bill Newlands told CNBC Thursday. Constellation, which makes Corona and Modelo beers, has a 38% stake in the cannabis company, which is the largest medical marijuana producer in Canada. “If you look at Canada alone,

CNBC’s Jim Cramer on Wednesday said the packaged food industry appears to be rebounding after falling into trouble waters in recent months. General Mills and J.M. Smucker have lead the way, he said. “As much as I hate to chase, I think General Mills is too cheap and too good to ignore here,” the “Mad

Tesla’s stock is working to get its groove back and there is an argument to be made that the share price could be ready to soar from its current levels, CNBC’s Jim Cramer said. He turned to technical analyst Bob Moreno, who Cramer noted called the market-wide bottom in December, to understand how the electric

Fentanyl issues could derail the prospects of a U.S.-China trade deal if the Chinese government does not crack down on the highly-addictive pain relieve in good faith, CNBC’s Jim Cramer said Monday. “We may eventually get a trade deal, but it won’t be quick, it won’t be easy, and you certainly shouldn’t be buying stocks

When it comes to money, as with many things, men and women approach the topic differently. Though traditional gender roles are changing, many opposite-sex couples still adhere to them, with men generally taking the lead on finances and women taking a less active role. That’s according to a recent study from UBS Global Wealth Management,

Betting on Wells Fargo might not be a safe bet, according to one strategist. The stock caught Wall Street’s attention Thursday following the company’s announcement that CEO Tim Sloan was retiring effective immediately. Shares initially surged on the news in after-hours trading before reversing and shedding over 1.5 percent in Friday’s session. But even these

Tim Sloan’s decision to step down as chief of Wells Fargo hinged in part on a looming congressional committee meeting on banks next month, CNBC’s Jim Cramer said Friday. The top brass of the big banks will be in Washington, D.C., on April 10 for the House Committee on Financial Services hearing on banks. The

The low expectations surrounding the new Goldman Sachs-linked credit card that Apple plans to roll out is good news for both stocks, CNBC’s Jim Cramer said Thursday. Apple’s new TV platform, which will be a key component of the tech giant’s fledgling services businesses, has made the most noise, but the credit card will be

SVMK Inc.: Dynamite. Fabulous quarter. A lot of people didn’t react to it correctly at the beginning. When they dug down, they liked what [CEO] [Zander Lurie] had to say, and I did, too. The stock came too cheap. It should never have been down where it was.” Axsome Therapeutics Inc.: “Yeah, they got some

CNBC’s Jim Cramer on Tuesday said investors should not panic about February’s “truly pathetic” housing starts number because the market is primed to bounce back. Single-family home construction declined 8.7 percent last month to a 1-1/2-year low, but housing forecasts are looking better as mortgage rates decrease. The housing market is not flashing recession signals,

Darden Restaurants‘ “stellar quarter” of strong sales growth is one of the signs that the U.S. economy is far from a recession, CNBC’s Jim Cramer said Monday. Cramer praised CEO Gene Lee, saying he “has a terrific grasp of what’s going on in the restaurant industry” to bring more guests into its thousands of its

Wall Street is scrambling to figure out what the conclusions of special counsel Robert Mueller‘s long-awaited investigation measn for the stock market. While many investment and equity strategists told CNBC that Attorney General William Barr’s letter about Mueller’s report relieves a persistent concern, few had expected a disastrous outcome for President Donald Trump. “No one

These days, being young and in love just isn’t enough. Megan McDonald, 23 and her boyfriend, Nick Palmiotto, 25, have been together for over three years but their marriage plans are on hold. “We like the idea of being married young and starting a family younger — both of our parents were done having kids

An inverted yield curve is not an automatic signal that a recession around the corner and investors should be aware that there are bargains on the market, even if the economy is slowing down, CNBC’s Jim Cramer said Friday. Three-month Treasury yields surpassed 10-year Treasury notes Friday and the major U.S. indexes stumbled as the

Investors need not worry that the Federal Reserve induced a market “sea change” by calling off interest rate increases this year and adjust their game plan to make money, CNBC’s Jim Cramer said Thursday. The major averages all rose higher during the session on the agency’s monetary policy reversal, he said. “This is a dramatic

On Friday March 15, the S&P 500 completed its quarterly rebalancing for the first time in 2019. A little reminder: the S&P 500 is a market-cap weighted index and rebalances four times each year. Each time, index funds and ETFs that track it have to adjust to follow suit. Over the past decade, the best-performing

Shares of Altria dropped 2.5 percent in a sudden move after Food and Drug Administration Commissioner Scott Gottlieb said a meeting last week with the company and its e-cigarette investment Juul was “difficult.” Gottlieb said he did not come away with any evidence that public health concerns drove Altria’s decision to invest in Juul, and

Emerging markets are getting energized this year. The most well-known emerging markets exchange-traded fund, the EEM MSCI ETF, has rallied more than 11 percent in 2019, keeping it at the heels of the S&P 500’s nearly 13 percent gain. The VWO Vanguard FTSE emerging markets ETF and small cap-focused IEMG MSCI emerging markets ETF, which

Economic forecaster Lakshman Achuthan is warning investors they could get scorched by one of 2019’s most popular groups. Achuthan believes the semiconductor rally is showing signs of breaking down, and he’s blaming shipment demand. “Collapse comes to mind when you look at global demand for semiconductor chips,” he said Friday on CNBC’s “Trading Nation.” Achuthan,

Stocks kicked off 2019 with a bang as U.S.-China trade tensions simmered while the Federal Reserve signaled patience in raising rates. However, stocks will need improving economic data to make a run at the record levels set last year. The Dow Jones Industrial Average and S&P 500 are both 4 percent away from their all-time

Activision Blizzard and Spotify were among the stocks Wall Street analysts recommended to clients as undervalued this week. CNBC combed through company research to find analysts discussing buying opportunities for stocks. Other names cited as possible values include: Newell Brands, Dollar General, Marvell, and Anthem Activision “is down nearly 50% in the past six months

Rep. Maxine Waters, the California Democrat who runs the powerful House Financial Services committee, called for the removal of Wells Fargo CEO Tim Sloan after news that he received a $2 million bonus as part of his 2018 pay package. The San Francisco-based bank disclosed Sloan’s compensation late Wednesday, revealing that the executive got a

Sterling rose on Wednesday after U.K. lawmakers rejected leaving the European Union without a withdrawal agreement. The pound was up 2.1 percent against the dollar at $1.3348 as investors become more optimistic that a hard Brexit would be ruled out. That’s the biggest move since April 2017. “Our base view, and the currency is telling

Chips stocks are ripping higher this year. The SMH semiconductor ETF has added 19 percent in 2019, exiting a correction after a steep decline in the fourth quarter. Todd Gordon, founder of TradingAnalysis.com, sees more gains for the group to come. “The SMH has broken above the October, November, December levels just at about $96,

The sharp decline in shares of Boeing was felt across the stock market Monday, dragging the Dow Jones Industrial Average down more than 200 points at the lows of the session. The stock shed more than 13 percent after the aircraft manufacturer saw its second 737 MAX 8 plane crash in less than five months

After a remarkable rebound off December lows, the market rally has hit a snag. The S&P 500, Dow and Nasdaq just had their worst week of the year with all three down for a fifth day in a row. That’s the first time all the indices have been down every day of the week since

Female CEOs may be few and far between, making up less than 5 percent of CEOs in the S&P 500, but history shows they’ve been able to generate big returns for investors. Of the 24 female CEOs in the S&P 500, 13 have led their companies’ stocks to outperform the index in terms of cumulative

Shares of El Pollo Loco Holdings dropped nearly 17 percent Friday after the company lowered its earnings guidance for the rest of fiscal 2019, citing bad weather conditions in California for their “slow start” in the first quarter. The company adjusted its pro forma earnings forecast in 2019 to be between 70 cents to 75

There is one simple solution for companies to make more money, Bank of America Merrill Lynch research shows: Hire more women. Haim Israel, an equity strategist at Bank of America Merrill Lynch, said in a note to clients Wednesday that gender diversity can boost return on equity, profit, dividends and market cap at a lower