Happy Friday!

Happy Fri-yay!

I know you all want to get home for dinner or to your happy hours, so here's what you need to know before you sign off for the weekend.

Canopy Growth is a Buy

According to Jim Cramer, Canopy Growth (CGC - Get Report) is at the perfect buying price right now.

In the "Ask Cramer" segment, Cramer was asked whether now is the time to buy Canopy Growth (CGC) .

Cramer said that he believes that now is the time.

Canopy CEO Bruce Linton spoke to Cramer, TheStreet Inc.'s founder, at Thursday's Deal Economy Conference. TheStreet Inc. is the parent of The Deal.

In his view, the cannabis market is still just scratching the surface of the drastic disruption it could bring across numerous industries. Linton sat down with Cramer to outline the opportunities. The discussion is bringing cannabis to the forefront of Wall Street, a place it could increasingly occupy in years to come.

With the growth yet to be realized in the sector, the company's deal with beverage giant Constellation Brands Inc. (STZ) could be the first of many in the industry.

Here's the breakdown of the interview from Real Money's Kevin Curran.

Ask Cramer

Got a question about the market? Reach out to @KatherineRooss on Twitter or email her at for a chance to have Cramer answer your question.

Is it Time to Buy Advanced Micro Devices?

TheStreet contributor Bret Kenwell digs into the chip company.

Like most technology stocks over the last eight weeks, Advanced Micro Devices (AMD - Get Report) hasn't been having the best time.

Although let's call it what it is: AMD stock was way too hot coming into the fourth quarter. Shares had hit a low of roughly $9 in May and topped out near $34 in September. Not that AMD isn't a good company or that CEO Lisa Su hasn't done a tremendous job leading the charge, but a near-tripling in a matter of months?

Too much, too fast.

This is particularly true as demand for cryptocurrency mining was in decline. It didn't matter that AMD or Nvidia (NVDA - Get Report) were producing crypto-specific GPUs, as miners would use the companies' other GPUs as well. This made it seem like, once demand for crypto-specific GPUs died down, that demand for other GPUs would still be OK. This was untrue, causing a major build in inventories, while inflated demand gave management and investors a false sense of future revenue. This issue became more well-known once AMD and Nvidia reported their most recent earnings results.

While AMD had already paid a steep earnings-related price in mid-October -- falling to $19 from $23 in one day -- it was constructive to see its price action following the earnings-related bludgeoning that Nvidia took a month later.

General Electric Is in Hot Water

TheStreet's Jacob Sonenshine breaks down the news

Sometimes it isn't until people leave an organization that they spill the beans.

General Electric Co. (GE - Get Report) shares were falling 6.23% to $7.45 on Friday after former GE employees revealed to federal investigators that irresponsible oversight among some senior people at the company was concealing risks in GE's insurance business. The employees spoke with The Wall Street Journal, which published an article Friday.

Those running GE's insurance business failed to recognize risks in the insurance business, and ultimately failed to build up sufficient reserves relative to the capital at risk. The reeling conglomerate had been under scrutiny for misrepresenting its accounts, which were tied to an insurance reserves shortfall leaving GE in need of $15 billion.

The company responded to Friday's revelation. Here's its statement:

"We are exploring every option to manage and mitigate risk from the company's legacy insurance liabilities. We have a strong commitment to integrity in our controllership and financial reporting. We are not going to comment about the specifics of ongoing legal matters." 

The company cut its dividend this year, effective in 2019, as new CEO Larry Culp came aboard. The company also trimmed its dividend in November 2017

The stock has fallen about 57% so far in 2018.

Have A Great Weekend

Catch y'all later.