Facebook: Buy or Don't Buy?
Facebook (FB - Get Report) could be a good buy right now. The stock fell 1.23% on Monday, and fell as much as 3.4% Friday after another security breach in which 50 million user accounts were hacked. It's the second breach Facebook had this year. The first one was the Cambridge Analytica scandal. With this second scare, investors were scared off.
Only time will tell what impact the departure of the Instagram founders are having on the stock. For now, investors don't seem incredibly enthused. Want more Jolt?Sign up here for the newsletter or follow Jacob Sonenshine (@SonenshineJ).
A collective sigh of relief for automakers. Ford (F - Get Report) and General Motors (GM - Get Report) will see improved margins but we'll still have to wait to see more details on the NAFTA rewrite, which is now called the USMCA.
TheStreet's Katherine Ross (@KatherineRooss) catches up with Jim Cramer on the floor of the New York Stock Exchange to discuss Amazon (AMZN - Get Report) , PepsiCo (PEP - Get Report) and StitchFix (SFIX - Get Report) . Follow us on Facebook for Cramer Live and click here to see today's show. And click here to check out Jim Cramer's Daily Rundown, an exclusive video offering for Action Alerts Plus members.
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