Cramer thinks consumers may have spent their money online.
Find out why Cramer is praising President Obama’s new right-hand man.
Deborah Weinswig, a top retail analyst at Citigroup, reveals which stocks are worth looking at on this pullback.
Bill Ackman, the activist investor whose Pershing Square Capital took a 16.5 percent ownership stake in J.C. Penney last fall, has not been pushing JCP to broadly pursue a transaction to create value, but rather has been engaged with the company in conversations about how it can improve its operations, according to sources.
The McDonalds Corporation’s introduction of ancillary products, such as lattes, smoothies and oatmeal, will hurt profits in the long run, Howard Penney, a restaurant analyst at Hedgeye Risk Management, told CNBC Wednesday.
After predicting in his last two keynote addresses at the Consumer Electronics Show that innovation from the consumer electronics would help the U.S. economy rebound, Gary Shapiro is standing by his message. The question is now whether there is enough innovation to jump-start things for 2011, especially after consumer confidence unexpectedly dipped in December.
With the Motorola spinoffs having started trading, the "Fast Money" desk debates which is the better trade.
Stocks rose sharply to close the first day of trading in 2011, but the "Fast Money" traders thought these names were the most interesting.