Cramer sees a host of good trends that should take this market higher.
Twice each year, Standard and Poor's runs a stock screen, designed to find stocks that Warren Buffett might find attractive based on his general investment philosophy. The new list has just been released. Guess what well-known name is missing this time around. (Pay no attention to the picture on the left.)
Is it time to jump back into beaten-down financial stocks--or is it still too early? Even the financial giants themselves can't agree.
Futures are down slightly, but have been stable throughout the morning, despite rather downbeat commentary from Alcoa and AMD. Metals a bit weaker (the IMF sold 12 percent of its gold stake, so gold is down 1 percent), dollar fairly stable, Europe down about 1 percent on average.
Goldman Sachs said Tuesday it selectively upgraded shares of some brokers and asset managers, but remains cautious on stocks of regional banks, mortgage and specialty finance companies and real estate investment trusts.
Standard and Poor's has just released the results of its twice-a-year stock screen, designed to find Warren Buffett-style stocks. The new list features several tech stocks, including Apple, as well as a number of names from Europe and Asia. But some key Buffett criteria aren't taken into account by the screen.
Franklin Templeton Investments, which manages $621 billion in assets, has bought 25% of Dubai's Algebra Capital and wants to grow its business in Arab markets, it said on Tuesday.
State Street, the world's biggest institutional money manager, Tuesday posted a better-than-expected 61% jump in quarterly profit and said revenue will be stronger than initially expected this year.
Steve Ballmer on the Wall of Shame? Could Cramer do that to a longtime friend? That and more in today's Mad Mail segment.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
This week's stock rally doesn't mean the market's recent pullback is over, money managers say.
As the bulls and bears fight it out on Wall Street, analysts say investors would be wise to look for value beyond the fray.
Vulcan Materials, a maker of highway construction materials, on Monday said it agreed to buy Florida Rock Industries in a cash and stock deal worth around $4.6 billion.
Stocks are waffling on the opening and look set to open flat to lower. Traders are picking through headlines on mergers and earnings news, including weaker-than-expected results from Home Depot. Wal-Mart also reported profits this morning, and merger news is making headlines as Wall Street reviews the long awaited marriage of Sirius and XM Satellite radio, announced yesterday.