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Forget what the charts say. There are more savory stocks to be had.
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. Founded in 1889, this company’s first products included root beer and juices sold door-to-door. Now the company gives its customers some added spice with its Lawry seasoned salts, popular seasonings and herbs. However, today the company’s share s left a bad taste in investors' mouths, as the stock plunged on a weak forecast. Who is it?
Investors have to cover both sides of the ball, so to speak, if they want to make money in this market.
Just to be clear: This ain't no stock-picking show. It's about education.
Who says the two are mutually exclusive? Here's our take on how the next nine months could play out.
McCormick is the play as Americans struggle to survive this tough economy.
As uncertainty in the markets intensifies, with the Dow falling 812.33 points in the last three days to its lowest level since November 2005, and the S&P 500 tumbling 95.29 to May 2005 levels, investors are increasingly seeking "safe havens" to weather the current crisis.
After introducing guest trader Zach Karabell, aka "The Academic," the gang immediately dives into the main lesson learned after stocks soar to end the week (the highest close since June). The dollar also "exploded," with its biggest jump in 8 years against the euro. "Currencies typically do not move like that," says Dylan of the USD's 3.3% gain this week. The S&P 500 also had its best week since April, due in part to the commodities pullback -- it ended the day up 2.4%.
US stocks closed an uneasy session lower as investors, uncertain if the worst of the credit crisis is over, refrained from extending Tuesday's huge advance.
Spice maker McCormick said Wednesday it agreed to buy the Lawry's business from Unilever Group for $605 million in cash, in order to add wet marinades to its portfolio of dry spices.
McCormick said Monday that Alan Wilson, the spice company's chief operating officer, will take over as chief executive as of Jan. 1, replacing Robert Lawless, who plans to retire as CEO.
Spice manufacturer McCormick . posted better-than-expected quarterly profit on Wednesday as it completes a restructuring program, sending its shares up as much as 6 percent.
Did the Bear Stearns hedge-fund blowup scare you out of the market? Here are some picks to get you back in.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.