Investing

Stocks picks are locked in, and the clock is ticking after the close of CNBC’s 2019 Stock Draft Thursday afternoon. Jim Cramer weighed in on which celebrity stock-pickers he’s betting on to win, and offered tips for at-home investors to play along. CNBC’s main competition rolls from Thursday’s close until the end of January 2020

CNBC’s Jim Cramer on Wednesday said too many Wall Street watchers assumed that businesses’ first quarter earnings results would be horrid and now the stock market is rallying on companies besting expectations. Analysts based their 2019 predictions on the Federal Reserve-induced fourth-quarter sell-off and prolonged U.S.-China trade war, but never revised their outlooks as the

Investors should believe the top brass of a company with a good, long-term track record when its management says it can turn things around, CNBC’s Jim Cramer said Tuesday. PepsiCo, which has doubled its dividend in the past decade, is one of those names to put faith behind even when analysts are against the odds,

Things are heating up in the energy market. The Trump administration announced Monday that it would end exemptions to its sanctions on Iran, a move meant to significantly curb Iran’s oil output. Crude prices surged after the announcement, with the U.S. benchmark, West Texas Intermediate crude, gaining nearly 3 percent. Here’s what experts say higher

Exchange-traded funds are getting a revamp at Goldman Sachs. The big bank has doubled down on a concept called smart beta, which blends passive and active investing strategies to build portfolios based on non-traditional metrics. At Goldman, the strategy is branded as ActiveBeta and revolves around four factors: value, quality, momentum and low volatility. “We

Health care suffered a health scare this week. The XLV health care sector ETF tumbled more than 4% since Monday, its worst week of the year and sending the group negative for 2019. Craig Johnson, chief market technician at Piper Jaffray, says the prognosis does not look good. “No question that the health care sector

It’s a good time to be a graduate. Those armed with a newly minted diploma will enter a job market with unemployment near the lowest level in 50 years and job prospects up significantly from just last year. Employers plan to hire nearly 11% more graduates from the class of 2019 than they did from

Signet Jewelers Ltd.: “I think Signet’s really gotta find its calling. It needs to find out its calling, ’cause it sure wasn’t calling in that last quarter. We gotta wait.” Funko Inc.: “The reason why they’re all over the place [is] ’cause they have some of the absolute best toys … I’m not just saying

Netflix can peacefully coexist in the streaming industry even as the market braces for more competition from Walt Disney, Google’s YouTube, and Apple, CNBC’s Jim Cramer said Wednesday. As the video giant continues to add popular content, such as “Triple Frontier,” “Bird Box,” and “FYRE: The Greatest Party That Never Happened,” to its platform, customers

Rockwell Automation Inc.: “I think that Rockwell Automation is a good stock to buy. I actually think it’s about to break out of here after a prolonged period where it’s just been marking time. And I also see … a reverse head and shoulders, just in case you might be a budding technician. PG&E Corp.:

The golfing industry might be in for a windfall after Tiger Woods clinched his fifth Masters win on Sunday, CNBC’s Jim Cramer said. “I think the golf renaissance is about to blow up thanks in part to the Tiger Woods effect, and right now the best pure play on the industry is Acushnet Holdings,” the

One big bank is not like the other. Financial giants J.P. Morgan and Wells Fargo kicked off earnings season on Friday, both issuing better-than-expected results. But while J.P. Morgan’s stock soared nearly 5%, Wells Fargo’s stock slid, ending the day almost 3% lower. Wells Fargo’s weakness came largely from softer profit guidance from CFO John

Crude can’t crank higher unless it stays above the key $60 level, says expert technician Louise Yamada. Tightening global supplies have proved bullish for the commodity this year, with U.S. West Texas Intermediate crude prices currently hovering near five-month highs. But the upward action has also been quite volatile, as economic and geopolitical factors have

The major U.S. indexes all rallied Friday on the backs of Walt Disney, J. P. Morgan Chase, and Chevron, but CNBC’s Jim Cramer warned that “this positivity” will be hard to sustain. The Dow Jones Industrial Average moved forward nearly 270 points, the S&P 500 advanced 0.66%, and the Nasdaq Composite added 0.46% during the

The earnings picture is about to change, likely for the better, and J.P. Morgan Chase CEO Jamie Dimon may be a big help. The trading community is on edge as JP Morgan gets ready to kick off earnings season tomorrow. Analysts have been fretting that earnings have turned negative for the first quarter, now expected

Bankers do not necessarily have to be liked — people just have to like their numbers, CNBC’s Jim Cramer said Wednesday. “The bankers are still regarded as gangsters on Capitol hill. I just want them to put on a good show when they start reporting earnings in 48 hours,” the “Mad Money” host said. “If

There’s more trouble ahead for Boeing shares as the stock now faces a key level, according to TradingAnalysis.com founder Todd Gordon. On Tuesday, shares of Boeing dropped more than 1 percent after the company saw deliveries and orders on its 737 jets plummet in the first quarter. The stock is down more than 17 percent

As materials stocks build on their gains, one investing professional is getting even more constructive on the space. Witnessing the 4% pop this week in the Materials Select Sector SPDR Fund, a market-cap-weighted index that counts the stocks of Linde and DowDuPont among its top holdings, CFRA’s Todd Rosenbluth says investors should consider buying into

Warren Buffett is calling for Wells Fargo to look outside Wall Street for its next CEO as the bank searches for a candidate to replace Tim Sloan. In an interview with the Financial Times on Sunday, Buffett said Wells Fargo should not look to J.P. Morgan or Goldman Sachs as a recruiting ground for its

People with student debt may soon have another way to pay their monthly bills. What’s unclear is how much of a help that new method will be. The House Ways and Means Committee earlier this month unanimously passed the Secure Act, which would expand 529 accounts to cover costs beyond college to those associated with

Nielsen, the media research firm famous for its TV ratings, is still contemplating an outright sale, fueled by continued private equity interest, according to people familiar with the matter. Advent International is working with Goldman Sachs Group on a bid, as well as Apollo Global Management, said the people, who asked not to be named

[The stream is slated to start at 6 p.m ET. Please refresh the page if you do not see a player above at that time.] J.P. Morgan Chase CEO Jamie Dimon is set to speak at the Council on Foreign Relations Thursday. The conversation will be moderated by David Rubenstein, co-founder and co-executive chairman of

Tony Robbins wants to change the way you think about money and saving. His goal: to help people become financially literate. “We are taught to be consumers, not owners,” the best-selling author and entrepreneur told CNBC on Wednesday. That’s led to a crisis in savings. According to a recent BankRate survey, only 40 percent of

PG&E is expected to name Bill Johnson as chief executive of the bankrupt California energy company facing $30 billion in wildfire liabilities, as soon as Wednesday, a source familiar with the private negotiations said on Tuesday. Johnson, who has been the CEO of the Tennessee Valley Authority since 2013 and is retiring on Friday, would

People need to start talking about money if they want to make good financial decisions, management expert Suzy Welch told CNBC on Monday. According to a new CNBC Invest In You and Acorns Savings Survey, 57 percent of Americans are more confident about their ability to save, yet more than a third said they don’t

When it comes to money, as with many things, men and women approach the topic differently. Though traditional gender roles are changing, many opposite-sex couples still adhere to them, with men generally taking the lead on finances and women taking a less active role. That’s according to a recent study from UBS Global Wealth Management,

Betting on Wells Fargo might not be a safe bet, according to one strategist. The stock caught Wall Street’s attention Thursday following the company’s announcement that CEO Tim Sloan was retiring effective immediately. Shares initially surged on the news in after-hours trading before reversing and shedding over 1.5 percent in Friday’s session. But even these

Lyft has arrived. The ride-hailing company went public Friday, surging 20 percent above its initial offering price of $72. The shares traded in the $80 to $88 range for most of the session, with more than 19 million shares traded as of noon Friday. Market watchers are largely encouraged by Lyft’s successful opening, as it

The CEO of Wells Fargo is stepping down. Tim Sloan, who took over as chief executive of the bank in 2016, will retire, the bank said in a press release Thursday. Allen Parker will take over as Interim CEO and president. Wells Fargo shares jumped 2.6 percent in extended trading Thursday following the announcement. Shares

Deutsche Bank named Japanese video game maker Nintendo its top pick, saying its valuation is “compelling.” “We are recommending Nintendo as our top Buy idea within our coverage universe. We believe the Buy Nintendo thesis is now an out-of-consensus call on the stock,” the bank’s analyst Han Joon Kim said in a note on Wednesday.