Jim Cramer shares his take on callers' favorite stocks at lightning speed, including an oil play that's benefiting from the current market layout.
Jim Cramer defends Comcast's long-term track record despite the media giant's share drop in the wake of winning the bidding war for Sky.
(Getty Images) The transition from Dear Uncle Lloyd to the sick Millennial beats of DJ D-Sol was never going to be an easy one, but an old friend of the firm is hearing that things at Goldman Sachs are less “This is going to be tense’ and more “Do you hear the people sing? Singing the songs of angry men?” According to everyone’s favorite socialist-leaning reporter Charlie Gasparino, the plans for Lloyd Blankfein’s post-CEO life at Goldman Sachs has created a cultural revolution inside the walls of 200 West Street. Quoth the Gaspo: Goldman Sachs wants to send Lloyd Blankfein off in style: The prestigious white-shoe investment firm is spending top dollar to build its soon-to-be retiring chief executive a new office as he transitions to an adviser for the firm.The move is not sitting well wit...
A deluge of rebalancing should drive investor money toward household names like Verizon, Alphabet, Disney and Electronic Arts, according to J.P. Morgan equity strategist Dubravko Lakos-Bujas.
Finally, Ironman at Political Calculations understands what an externality is. Instead of this: If a deadweight loss exists, it represents the amount of economic activity that has been directly lost because of the imposition of the tax, which tells us the degree to which the city’s economy may have shrunk as a result. He now writes: …many claim that such a [soda] tax would fix what in economics is called a “negative externality”, which in this case, represents higher costs to public health systems for treating conditions such as obesity and diabetes, where sweetened beverages are targeted by soda tax advocates for their contributions to the problems they proclaim because of their popularity and their sugary calorie content. I am thankful for small blessings. Regarding the Philadelphia soda...
(Getty Images) Having not much money to manage or funds to run, John Paulson’s got some time on his hands these days. Rather than spending it on the beach he owns and consoling himself with the fact that $6 billion is really all a man needs in the twilight of his life, he’s chosen to pick some fights: specifically, with a Canadian gold miner whose market cap is less than the amount Paulson’s net worth has dropped over the past year, and more generally with everything of its ilk. To the latter point, Paulson and his team have spent the better part of a year finding other people whose losses on gold are also not their own fault, some of whom (four of the 16 are choosing to remain anonymous, presumably out of fear of being called crybabies) are publicly joining Paulson’s fight against his cho...
When it comes to paying for college this year, fewer parents are willing to take on debts of more than $75,000.
Cannabis stocks are reaching record highs and trading volume, but investing in marijuana includes a high degree of risk related to commodities, regulation and the history of market bubbles. Don't get burned.
"I think it's so big that people should pay more for both stocks," Jim Cramer says.
Goldman's David Kostin recommends the reconstituted S&P communication services sector, citing its strong growth prospects and historical performance.