The Nasdaq is set for a higher open, supported by Nvidia's beat and stock pop that added more fuel to the AI trade
My top 10 things to watch Thursday, Aug. 24 Nvidia is triumphant. Another blowout quarter and once again showing why it's an "own it, don't trade it" stock. Big guidance raise. Shares surged 8% early Thursday, set to open at a fresh all-time high above $500. Needless to say, our current $450-per-share price target will be revised higher. Avalanche of PT increases on Wall Street.
Dollar Tree lowers forward guidance for its third quarter. The stock drops 7% on the news. Also, unfavorable shrink trends. The company, which also owns Family Dollar, says more traffic to stores but consumer spend less. Strapped shoppers blamed, in part, for terrible financials Wednesday at Club stock Foot Locker . Shares under pressure Thursday, one day after sinking 28%. We downgraded Foot Locker to our 4 rating, which means do nothing until more information.
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Jim Cramer's top 10 things to watch in the stock market TuesdayWall Street is set to open higher after the Nasdaq had its best day in the rough month of August.
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Jim Cramer's top 10 things to watch in the stock market WednesdayStocks are set to open slightly higher as investors look forward to Wednesday's after-the-bell earnings from Club name Nvidia.
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Jim Cramer says this stock is ‘sitting on a gold mine' because of its AI potentialGoldman Sachs analysts listed Marvell (MRVL) as a long-term beneficiary of artificial intelligence adoption.
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Why Jim Cramer is cautious on this consumer-goods stockConsumer-goods is typically “a terrific place to be if you think the economy is slowing down,” Cramer said Wednesday.
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ETF which tracks CNBC star Jim Cramer’s stock picks shuts downThe Long Cramer Tracker ETF will cease trading on Sept. 11, according to a news release.
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Here are 18 stocks Jim Cramer is watching, including a big Goldman call on AI namesHere are some of the tickers on my radar for Tuesday, Aug. 22 taken directly from my reporter's notebook.
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