Billionaire investor Howard Marks, the co-chairman of Oaktree Capital, predicts there won't be a recession in the U.S. for another two years.US Economyread more
Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
Stores are extending hours and cities are spending on light shows as China tries to encourage consumers to spend more money at night.China Economyread more
Stocks in Asia Pacific edged up in Friday afternoon trade as a series of developments overnight on the U.S.-China trade front dampened hopes of a deal being reached between...Asia Marketsread more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
One person was killed and five others wounded on Thursday in a shooting on the streets of Washington, D.C., not far from the White House, police said.U.S. Newsread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
Asian cities are on the rise and are dominant in the Fintech space.Financeread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
Cramer cited a note on Snap stock by investment bank Barclays, which upgraded the stock to overweight from equal weight and raised its price target to $18 a share from $11. "We've been on the sidelines since the IPO, but feel now is a good time to start accumulating shares," Barclays analyst Ross Sandler wrote.
"I thought this was a very good upgrade. ... I like this piece," Cramer said on "Squawk on the Street." "Ross Sandler has been historically very good. I've known Ross Sandler for years. ... Ross Sandler does quality work."
When asked whether Snap has reached an "entry point" for investors, Cramer said, "I have felt that there is a level where you just have to accept the fact that younger people like this."
"This whole notion that Facebook is killing [it] — that seems to be a narrative we could live without in a sense that there's room for more," said Cramer, the host of CNBC's "Mad Money."
Cramer said he also appreciated some of the changes coming to the social media company, including a redesign.
"I've been trying to find an entry point for it," Cramer said. "I think that it is down for the year, so you may have some people with tax law selling. You see the stocks that are down aren't coming back. But (the upgrade) was very clever."
Snap shares had fallen nearly 45 percent since going public in early March.