Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio.
Jim Cramer 's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Toll Brothers : The homebuilder reported better-than-expected earnings and the stock jumped roughly 6%. Jim Cramer said Wednesday it was a "remarkable quarter." There's a shortage of the kind of $1 million homes that Toll Brothers builds, Cramer added. The company has kept a lid on overbuilding and stands to benefit, he predicted.
"That was a disturbing one," Cramer said. "They had a really good quarter and they still guided lower." That means Macy's has little confidence in the rest of the year and ahead of back-to-school season, Cramer added. American Express : Bank of America downgraded the stock to a hold from buy. The stock fell 3%. The analysts cited muted consumer spending. BofA still likes it longer term, however. Cramer countered: "This stock has been downgraded the whole way .
Macy's Inc Target Corp Housing Retail Industry Breaking News: Business Technology Breaking News: Technology Toll Brothers Inc Texas Instruments Inc Morningmeetingrapid Stock Takes Jim Cramer Investment Strategy Markets Breaking News: Markets Investingclubsample Regwall-Investingclub Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jim Cramer's top 10 things to watch in the stock market WednesdayTJX Companies and Target reported strong earnings reports before the opening bell.
Read more »
Cramer reviews Tuesday's pullback: ‘We're getting back to reality'CNBC’s Jim Cramer reviewed Tuesday’s pullback, saying the market was due for some declines.
Read more »
Jim Cramer names 3 stocks to possibly sell in this very overbought marketThe Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
Read more »
Jim Cramer says a double developer stock upgrade signals city real estate backJim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio.
Read more »
Jim Cramer's top 10 things to watch in the stock market TuesdayThe market has entered into overbought territory after an eight-day win streak for the S&P 500.
Read more »
Jim Cramer says buy stocks that have not yet ignited — and these 2 fit the billThe Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
Read more »