Jim Cramer loves Buffett's new stock, calling insurer Chubb the 'best there is'

Jim Cramer 's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Walmart : Shares jumped more than 6% after the retail giant delivered a quarterly earnings beat and said it may now exceed the high end of its sales and adjusted earnings per share. "They go aisle by aisle, and they talk about how in food they've got deflation," Jim Cramer said. "And that's very important for people. But they also hard goods deflation.

5% after Warren Buffett's Berkshire Hathaway revealed in a securities filing Wednesday night that it'd been buying a stake in the insurer. "Eleven times earnings. Best there is. Really rather amazing. Takes the least credit risk," Cramer said. Cisco Systems : Shares dropped nearly 2% despite the networking company's better-than-expected quarterly results and upward revision to fiscal 2024 guidance. "People don't believe.

Investingclubsample Breaking News: Markets Markets Investment Strategy Jim Cramer Stock Takes Morningmeetingrapid Walmart Inc Deere & Co Chubb Ltd Chubb Ltd Cisco Systems Inc Under Armour Inc Berkshire Hathaway Inc Berkshire Hathaway Inc Deckers Outdoor Corp On Holding AG On Holding AG Business News

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