Jim Cramer's Thoughts Post-Fed Speech

Jim Cramer breaks down what he's thinking about after Jerome Powell's speech Tuesday.
Author:
Publish date:

Now that the Fed has spoken, here's what's on Jim Cramer's mind. 

Here's a breakdown of what Cramer's got his eyes on in this market. 

Post-Fed Speech

The market rallied after the Federal Reserve chairman Jerome Powell spoke at the New York Economic Club. 

The rally after the speech saw the Dow hit session highs.

"A day after remarks by Federal Reserve Chairman Jerome Powell sent U.S. stocks soaring by the most in eight months, some economists argue the enthusiasm was misplaced," TheStreet's Bradley Keoun.

Ask Cramer: Thoughts on Zuora?

Don wrote in and asked about Cramer's thoughts on Zuora (ZUO) - Get Report , a cloud company. 

TheStreet's Annie Gaus wrote about Zuora after its shares got a "sympathy bump" after Salesforce (CRM) - Get Report beat earnings expectations. 

Gaus wrote, "in an interview with TheStreet's Eric Jhonsa, Zuora CEO Tien Tzuo said that newer product offerings plus a diversifying customer base bodes well for the cloud firm, which sells software for managing subscription-based services: "We really see the subscription-based business model impacting a lot of industries...that's what we're really most excited about," Tzuo said. With the 'subscription economy' on the rise, Zuora must convince investors that it can continue to grow revenue at a robust pace while staving off competitive threats from legacy players like SAP SAP and Oracle (ORCL) , which also offer subscription management solutions, as well as smaller firms going after the booming subscriptions space."

Ask Cramer

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