Investors worried about concentration risk in the market may want to consider value-oriented investments. Avantis Investors chief investment strategist Phil McInnis suggests taking a more diversified approach than simply looking […]
GM has a secret to help sell its new EVs. It's Costco.
Customers exit a Costco store in Teterboro, New Jersey, June 28, 2023. Kena Betancur | Corbis News | Getty Images DETROIT — General Motors has a not-so-secret weapon when it […]
Cramer says to buy Costco after the stock's post-earnings dip
CNBC’s Jim Cramer on Friday told investors it’s a good idea to buy Costco, whose earnings on Thursday beat Wall Street’s expectations but the stock still slipped in extended trading. […]
Wells Fargo CEO talks up reasons to love the stock — plus, what's behind the market drop
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market […]
Stock futures rise to kick off shortened trading week: Live updates
Traders work on the floor of the New York Stock exchange during morning trading on May 17, 2024. Michael M. Santiago | Getty Images Stock futures advanced Monday night as […]
Eli Lilly's big GLP-1 investment — plus, what we want from 4 portfolio stock earnings
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Wall Street was bouncing […]
Costco and Sam's Club's smaller rival BJ's Wholesale will open more clubs in Southeast
A BJ’s Wholesale Club is shown in Falls Church, Virginia, May 23, 2023. Win Mcnamee | Getty Images BJ’s Wholesale Club said Wednesday that it will open four clubs in […]
How doomsday preppers made gold and silver precious end-of-the-world assets
Fg Trade | E+ | Getty Images Among the cans of tuna and flashlights in doomsday preppers‘ closets, there is an increasingly popular staple — gold bars. The recent rise […]
Costco misses holiday-quarter revenue expectations despite online growth
Mandel Ngan | Afp | Getty Images Costco on Thursday missed Wall Street’s revenue expectations for its holiday quarter, despite reporting year-over-year sales growth and strong e-commerce gains. Shares of […]
Jim Cramer: Why a successful Reddit IPO would be bad news for this bull market
There’s nothing like a moribund IPO market to create a pleasant backdrop for a bull run. We’ve had some small biotech deals and the usual SPAC junk. But nothing big, […]