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Jim Cramer’s advice for young stock investors who want to build wealth
Jim Cramer on Mad MoneyScott Mlyn | CNBC CNBC's Jim Cramer on Friday issued a plea to young investors who may be new to the stock market and want to build long-term wealth."I'm asking all these younger investors who keep toying with options to please listen up: I'm begging you, just own something, own it for the long-term," the "Mad Money" host…
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Why Salesforce Stock Was a Winner on Wednesday
What happened
Broadly speaking, what's good for the retail industry is good for customer relationship management (CRM) king Salesforce (CRM 5.65%). On the back of some very encouraging data from the top tech shopping holiday, investors pushed the company's share price almost 6% higher on the day, nearly double the percentage gain of the S&P…
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Israel-Iran war: Experts recommend these five oil stocks to buy on Monday
Israel-Iran war: Amid escalating tension in the Middle East due to the Israel-Iran war, oil stocks in India came under selling pressure on the weekend sessions. Rising crude oil prices are also a reason for the oil stock feeling the sell-off heat. The low trading level of the Indian National Rupee (INR) is also diminishing the capacity of Indian…
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Okta Stock Just Surged. Here’s Why the Rally Could Keep Going
After a brutal year for Okta (OKTA -3.48%), investors finally got some good news on Thursday, Dec. 1.
Shares of the cloud identity specialist soared 26% as it easily beat estimates in its third-quarter earnings report. Revenue rose 37% year over year to $481 million, compared to estimates at $465.3 million, and the company posted a breakeven…
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Stock market today: Trade setup for Nifty 50 to Israel-Iran war; five stocks to buy or sell
Stock market today: The sharp pullback in the markets, led by the Israel-Iran War, meant that the Nifty-50 index ended down 4.4% Week on Week. The Sensex, at 81,688.45, also ended with similar cuts. Metals and IT were the top outperformers, while Realty & Autos were the top underperformers.
Bank Nifty, at 51462.05, too, ended with 4.6%…
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Wall Street week ahead: Investors eye inflation data, Fed minutes, Q3 earnings
Next week on Wall Street will see several economic data including the important consumer prices inflation and Producer Price Index for last month.Investors will also have the minutes of FOMC (Federal Open Market Committee) from the September policy meeting.The economic data in the week ahead could give clues as to what to expect at the US…
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Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — Oct 7
1] Poonawalla Fincorp: Buy at ₹395, target ₹425, stop loss ₹380.Poonawalla Fincorp share is trading at ₹394.95 and has rebounded from its support zones. The stock recently broke out from a falling trend line and is now consolidating near the breakout levels, which validates the strength of the breakout. This bounce-back indicates stability…
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Week Ahead: RBI Policy, Q2 Results, Israel-Iran war, FII flow, global cues among key market
The Indian stock market began October on a disastrous note, with Dalal Street witnessing carnage due to across-the-board selling pressure on weak global cues. The domestic indices experienced a sharp downturn, breaking its three-week winning streak. The significant decline has been attributed to a combination of fundamental challenges, which…
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Goldman Sachs strategist lays out surprising view on stocks
Stocks rose Friday, as stronger-than-expected jobs data spurred investor enthusiasm about the economy.A strong economy means strong earnings, which means rising share prices. Non-farm payrolls rose 254,000 in September, up from 159,000 in August. And the unemployment rate dipped to 4.1% from 4.2%.Don't miss the move: Subscribe to TheStreet's…
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Most retirees and near-retirees are worried about the stock market and inflation. Here’s
By Jessica Hall
Market decline cuts retirement confidence among older investors
The declines in the stock market, surging inflation and rising interest rates have eroded investors' confidence about their retirement, according to a new report by Janus Henderson Investors.
A total of 45% of investors said they felt less confident in…
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