Scuttlebutt investing, and buy and homework – two sayings coined by famous investors Philip Fisher and, of course, our own Jim Cramer. They stress the importance of knowing what you are investing in. There are many ways of going about doing the research/homework on the stocks in your portfolio. The scuttlebutt method was introduced in […]
A Macy’s store decorated for the holidays in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg | Getty Images Macy’s on Wednesday said it has wrapped up an investigation into an employee who intentionally hid about $151 million of delivery expenses on its accounting books for nearly three years […]
CNBC’s Jim Cramer on Friday walked investors through next week’s Wall Street action, highlighting earnings from Oracle, Broadcom and GameStopas well as new inflation data. “Look, I’m trying to get my arms around a market that takes up all sorts of crypto, lots of unprofitable companies — never too great a sign for those who […]
Ulta Beauty on Thursday beat Wall Street’s fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for makeup and skincare. The retailer hiked its full-year outlook slightly to reflect the better-than-expected results. For the fiscal year, it said it now expects net sales to range from $11.1 billion to $11.2 billion, compared […]
A shopper carries a Macy’s bag on Market Street in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg | Getty Images Macy’s on Monday said it will delay its full earnings release as it investigates an accounting problem stemming from an employee who the company said intentionally hid up […]
CNBC’s Jim Cramer on Friday previewed next week’s important Wall Street action, suggesting it’s wise to pay attention to a slew of retail earnings as well as reports from Dell and CrowdStrike. He also said that the coming week is typically a good one for the market and advised investors to ring the register on […]
The exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors. Tidal Financial Group’s Michael Venuto filed last month for eight two-stock ETFs: going long one stock and short the other. “They should come out probably in about two or three months,” Venuto, the firm’s chief investment officer and co-founder, said on CNBC’s […]
