CNBC’s “Mad Money” host Jim Cramer says Bitcoin is more likely to fall than a bounce. Tone Vays thinks Bitcoin (BTC) has touched bottom in a June 14 video. The bear market has dropped 70% of its value since peaking in November at $69,000. Jim Cramer, Bitcoin is more likely to fall than a bounce … Read more
Jim Cramer, host of “Mad Money,” believes Bitcoin will fall below $12,000. He derided Joe Kernen’s claim that Bitcoin is a symbol of the emerging blockchain technology. Famous CNBC host thinks Novogratz and Saylor are attempting to prevent additional declines. Jim Cramer, anchor of “Mad Money” on CNBC, has appeared on the Squawk Box show … Read more
Jim Cramer called on Federal Reserve Chair Jerome Powell to pursue aggressive interest rate hikes to combat inflation on Tuesday. “He has to hit us with some monster rate hikes to cool things down … just to fix a problem not of his own making,” the “Mad Money” host said. Jim Cramer called on Federal … Read more
Jim Cramer cautioned investors on Monday not to invest in Brown-Forman, the owner of the liquor brand Jack Daniel’s. “This is a very tough market. It has incredibly high standards. Brown-Forman stock would normally be a no-brainer in a normal slowdown, but it’s impossible for me to recommend here,” he said. Jim Cramer urged investors … Read more
Jim Cramer indicated on Monday that investors can buy shares of software business Mitek Systems as a speculative bet. “Mitek’s genuinely cheap on an earnings basis, which is why it’s … one I’m willing to bless for speculation in what is otherwise an extremely hostile environment,” the “Mad Money” host said. Jim Cramer stated on … Read more
Jim Cramer explained why the increasing price of oil has Wall Street scared about a recession, pointing to a drop in energy stocks on Wednesday despite crude hitting a record high. “As long as oil prices keep climbing, it’s hard to make the case for a soft landing. Oil’s a nightmare for the Fed. It … Read more
Jim Cramer warned investors on Wednesday not to invest in digitization stocks while the potential of a recession looming. “You can’t rationalize owning them unless you believe the [Federal Reserve] will rapidly beat inflation without doing much more to harm the economy,” the “Mad Money” host added. Jim Cramer warned investors on Wednesday not to … Read more
ServiceNow On Monday, CEO Bill McDermott told Jim Cramer that he does not expect the current economy to see a market drop similar to the 2008 financial catastrophe. “This is not even close to 2008. In 2008, I was with a company where we lost a billion euros in pipeline in a day. That was … Read more
Jim Cramer recommended investors to buy Deere stock before the start of the next trading session on Thursday. Stock plunged because investors expected a blowout quarter owing to the present agricultural bull market Jim Cramer recommended investors to buy Deere stock before the start of the next trading session on Thursday. “I’ve told you to … Read more
Despite common knowledge, Jim Cramer says investors should buy shares of homebuilding businesses the next time they fall. “I believe these equities will fall again, but when they do… I believe you have to pounce,” the “Mad Money” host added. Jim Cramer suggested Thursday that, contrary to popular belief, investors should buy homebuilding companies the … Read more
