|Day Low/High||2.28 / 2.35|
|52 Wk Low/High||2.25 / 5.63|
The market punished the consistent companies and rewarded the turnaround stories on Wednesday.
The insurgent behind Pershing Square accumulated about $1 billion worth of shares. He also backs Marvin Ellison, a Home Depot veteran tapped to be the company's next CEO. Ellison is taking on the company that he helped build into a powerhouse.
Jim discusses what he is seeing in retail, Comcast's pursuit of Fox assets, and more on the market. He also answers a club member's question on bank stocks!
Your best defense against markets that twist and turn in undesirable ways is to know what you are trying to accomplish.
Jim Cramer says if you really want bigger gains than you can get from riding a hot stock, you have to buy the cold stock of a once-hot company that could flame up.
Here's what you need to know for Tuesday, May 22.
Watch our quick video to get a glimpse into Ellison's past at J.C. Penney.
It's never a good time to lose a respected leader, but Marvin Ellison's departure means J.C. Penney's future will be especially wobbly.
Time to jump right in and got through the top stories of Tuesday, May 22.
It's important to know the difference between broken stocks and broken companies.
Jim Cramer and our other experts discuss oil prices, bullish market signals and medical diagnostic plays.
Departure of CEO only adds to the gloom surrounding shares of the retailer.
Lowe's announces that Ellison will be taking over as the home-improvement retailer's chief executive.
Winter snow and ice will likely form part of the discussion on Tuesday, May 22, when department-store owner Kohl's reports earnings.
With age, comes wisdom, sometimes. Macy's is the older sister (159 years) to J.C. Penney (116), yet there was more than age at play in this week's earnings reports for each.
As wages and transportation costs climb, retailers must be more efficient to keep costs down, say analysts.
Big week for retail. Home Depot , Walmart , Macy's, Walmart , J.C. Penney and Nordstrom all reported, with surprising wins and misses.
U.S. stock futures rise despite concerns over China trade talks. The 10-year Treasury note yield continues above 3%, and retail earnings paint a murky picture.
After the first-quarter's big chill from lousy weather, the economy is heating up fast.
The Dow dropped nearly 55 points on Thursday.
J.C. Penney suffers after it posts earnings below analysts' expectations.
Jim talks about a positive note on Honeywell, Comcast and Nucor upgrades by analysts, a possible price hike by WestRock and more!
I do not see a crash in our immediate future. I do not see the potential for a US recession on our immediate front either.
U.S. stock futures decline amid a sustained rise in crude oil prices; Walmart and J.C. Penney report earnings; Cisco falls following its tepid outlook.
Here are the business stories you need to get up to speed during your morning commute.
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