Personal Finance

Cramer’s lightning round: Dropbox’s stock is a buy even after the tech sell-off

Jim Cramer flags an opportunity in shares of data-focused technology play Dropbox in the lightning round.

Cramer shares ‘chart master’ Larry Williams’ top trades for the end of the year

Jim Cramer and technician Larry Williams outline some potentially lucrative trades in the retail sector.

It’s A Miracle: There’s A Brexit Deal

By EU2017EE Estonian Presidency (Theresa May) [CC BY 2.0], via Wikimedia Commons Ladies and gentlemen: We have a Brexit deal. The scornful, snarky doubters (whoever they are) have been proven wrong. Theresa May has done it, Ireland and all. Raise a glass to Her Majesty the Prime Minister and let’s all join in a rousing rendition of “Rule Britannia.” Plucky Albion’s pulled through! Even assuming she gains the cabinet’s approval on Wednesday without a politically damaging raft of resignations — not a given — Mrs. May faces daunting odds in pushing the compromise plan through Parliament, where it has many opponents…. One influential pro-Brexit lawmaker, Steve Baker, said on Tuesday that about 50 pro-Brexit Conservative lawmakers might oppose Mrs. May’s deal. Hard-Brexiters swiftly reacted neg...

If Ginni Rometty Will Wildly Overpay For A Tech Company, Carl Icahn’s Gonna Make Sure Michael Dell Does, Too

Five years ago, Michael Dell bested Carl Icahn in a protracted and amusing battle of the billionaires over Dell’s namesake company. Icahn thought Dell was screwing over Dell shareholders such as himself, but 65% of them voted for the deal anyway. Three years later, Dell realized it missed at least part of being a public company, namely the ease with which it allows one to raise money for nothing. So Dell issued a tracking stock to raise a few billion to buy a company called EMC, which owned most of a company called VMware, upon which the tracking stock was based. Now, Dell wants to be fully public again. But rather than go through the trouble of an IPO, it figures it’ll just reverse-merge with the VMware tracking stock. This strikes a lot of hedge-fund types as a bad idea. It strikes Icahn...

If Trump and Democrats get serious about an infrastructure bill, these stocks should benefit

Investors should buy materials companies like Nucor and Vulcan Materials if U.S. lawmakers move forward with any infrastructure plans, Sean Darby of Jefferies said in a note.

Millennials, you can win the holidays without going broke

Learn to navigate holiday spending without taking on credit card debt.

This magic number could complicate your workplace open enrollment

There’s a magic number that can complicate your open enrollment process: $120,000. If you earned that much or more in 2018 from a business, the IRS considers you a “highly compensated employee,” or HCE, of that company. (In 2019, the threshold will rise to $125,000.) That HCE designation also automatically applies if you owned more than 5 percent of the business at any time in that preceding year. Further, employers can elect to consider you a highly compensated employee if your pay puts you among the top 20 percent of employees. Becoming an HCE, however, can require extra planning at open enrollment. Highly compensated workers are often subject to reduced contribution limits or access to certain pre-tax benefits — notably, 401(k) plans and dependent care flexible spendin...

It’s Larry Kudlow’s Turn To Lock Pete Navarro In A West Wing Closet

Perhaps the funniest part of Larry Kudlow’s tenure as Donald Trump’s top economic adviser is how unwilling Larry has been to learn the lessons of his predecessor, Gary Cohn. Instead of leveraging Gary’s departure to get the president thinking (or at least acting) more reasonably on trade and spending, or holding his fire on Twitter, Kuddles has simply kept us his smarm offensive; coddling the president’s ego while tacitly disagreeing with every Trump economic policy that doesn’t rhyme with “Sax Buts.” But now Larry has been forced to confront one unignorable reality of his gig – something that Gary Cohn handled beautifully when he stomped the halls of the West Wing – Peter Navarro must be kept away from cameras, microphones, and probably children. On Friday, Navarro went on stage at some c...

Cramer: Wall Street is ‘absurd’ for punishing Home Depot for good earnings

Jim Cramer has said he prefers Home Depot over Lowe's because of what he called generally better earnings results, same-store sales and growth. 

White House economic advisors clash: Kudlow says Navarro’s China comments are ‘way off base’

President Trump's top economic advisor, Larry Kudlow, disavows comments from White House trade advisor Peter Navarro. 

What your Medicare agent should do for you

Given that Medicare can seem like a confusing web of options, it’s no wonder that many consumers rely on licensed professionals for help. If you’re among those who turn to an agent or broker, it’s worthwhile making sure the person has evaluated all of your 2019 options during Medicare’s open enrollment period, which ends Dec. 7. With plans changing from year to year and new ones available in many areas, there could be a better choice out there for you both in terms of cost and coverage. Before Medicare’s annual fall window closes, you can: · Switch to an Advantage Plan (Part C) from original Medicare (Part A hospital coverage and Part B outpatient coverage); · Switch to original Medicare from an Advantage Plan; · Move from one Advantage Plan to another; · Move...

Dan Loeb Is Sure His Shorts Will Work This Time

In the wake of a difficult first quarter, Dan Loeb expressed confidence: There were just so many terrible companies run by so many stupid executives in an environment perfectly suited to bringing them down he could hardly lose. Except that he did, and he is, losing. So in the wake of a difficult beginning to the fourth quarter, Loeb is assuring his investors: There were just so many terrible companies run by so many stupid executives in an environment perfectly suited to bringing them down he can hardly lose. “While current U.S. growth remains above‐trend, helped by fiscal stimulus, this positive impulse is peaking now, and will combine with an increasing drag from tightening financial conditions,” Loeb said in a letter dated Friday. “We have delevered our portfolio, reduced our tech expos...