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 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
