General Motors Is a Jalopy -- What I Exclusively Learned From Jim Cramer Today
Earnings season is heating up.
TheStreet's founder and Action Alerts PLUS portfolio manager Jim Cramer shares his insights with me on our daily Facebook show.
Here are a few highlights:
Jim Cramer: I Don't Like the Automaker Stocks
Amid General Motors' (GM) - Get General Motors Company Report latest quarterly results, Cramer said he doesn't like the car companies.
"It really doesn't matter what they report," he said. "I think they generate a lot of cash but they don't deploy the cash in any way that really favors the shareholder."
Ford (F) - Get Ford Motor Company Report releases quarterly earnings on Wednesday.
A Key Valuation Metric for Citigroup
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Citigroup (C) - Get Citigroup Inc. Report is holding an investor day -- something it hasn't held since the 2008 financial meltdown.
Cramer said Citigroup is the cheapest of the major banks on a tangible book value basis.
"In other words, if you close the door, how much cash do they have?" he said.
The stock is a holding of Action Alerts PLUS and Cramer will speak to CEO Michael Corbat on Thursday's edition of CNBC's Mad Money.
Take a Long-Term View on Alphabet
While some investors are selling shares of Alphabet (GOOGL) - Get Alphabet Inc. Class A Report following the company's latest earnings report on Monday, Cramer urges investors to take a long-term view on the Google parent company.
Watch all of Jim Cramer's latest videos, right here:
- Jim Cramer Reveals Why He Doesn't Like the Automaker Stocks
- Jim Cramer Reveals Why McDonald's CEO Steve Easterbrook Is Crushing It
- Facebook Has Been Chilled By Alphabet, Jim Cramer Explains
- Caterpillar Could Rise to $120, Jim Cramer Explains
- Jim Cramer on Jimmy Choo: I Think Michael Kors Was Desperate
- Jim Cramer Reveals a Key Valuation Metric for Citigroup
- Take Advantage of Any Weakness in United Technologies Shares, Jim Cramer Says
- Jim Cramer Reveals What to Watch in Boeing and Coca-Cola's Earnings
