Many think that complacency is a disease that only applies to bull markets, but Jim Cramer said that is not true. It is also possible to be too comfortable in negative beliefs about the market, and totally miss a market bottom. “Complacently negative investors dismissed yesterday’s ugly close as just more of the same horrible action. But opportunistic investors? The ones who sense that stocks are getting too cheap and change their view? They look like real winners, at least for the moment,” the “Mad Money” host said. On Wednesday Cramer confirmed that his charitable trust had purchased stocks in…
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The last thing Huawei announced during its CES press conference today had to do with the already launched Nexus 6P smartphone. No, the newest Nexus phablet isn’t getting any new specs or a different design, but it is going to be offered in a new color version in the US. Yes, you guessed it, we’re talking about the “matte gold” Nexus 6P. This rare beast has so far only been spotted in Japan and India, but it’s now mere hours away from being up for sale in the US Google Store. It will also be sold in the US through…
With the start of earnings season, investors may wonder which companies historically perform the best this time of year. CNBC Pro used Kensho, a quantitative tool used by hedge funds, and searched for the top S&P 500 stocks during the fourth-quarter earnings season over the last decade. We then weeded out any companies with mixed earnings track records, using data from Bespoke Investment Group. Here are the five stocks that beat earnings estimates at least 85 percent of the time and on average rise the most. [“source-gsmarena”]
Welcome to the US, Huawei Mate 8, but sorry you can’t stay here. Huawei opened up its product presentations with its new flagship (which was already official, by the way) and unveiled the first-wave launch markets, along with the price. The phone that is coming to the US is the Huawei GX8, a version of the G8 / G7 Plus that’s already available in other markets. The Huawei Mate 8, a 6″ metal behemoth, will launch across Europe, the Middle East, Southeast China, South Africa and Mexico. Here’s the full list: The price was unveiled in Euro only. For the…
these are three stocks to bet on, says RBC Capital Markets’ head of global research, Marc Harris. Placing Aramark in its transformative bucket, RBC considers that the food service company is resilient in this tough economic environment and the kind of stock that investors would want to own now. “This is a [earnings-per-share] doubling store over the next couple of years,” he said in a conversation with “Power Lunch.” “This is a company that only six months ago hardly had technology managing 200,000-plus employees in their scheduling.” ‹ Dow closes up more than 200 as energybounces Analysts see a buying…
ZTE’s Nubia sub-brand has been around for a while, but at this point you can only officially buy such devices in a handful of countries. That’s all set to change this year, however. According to an official press release, ZTE will be taking Nubia to “Latin American countries, Mexico and Argentina, key European markets including the United Kingdom, France, Germany and Spain as well as Malaysia and Thailand in South East Asia” in 2016. Currently, Nubia is present in “China, North America, South America, Northern Europe, Russia, Southeast Asia and India”, as per ZTE. Nubia’s global website was launched today,…
Jim Cramer considers it his job to make sure that investors don’t let Thursday’s market bounce lure them into value traps. He sees a ton of value-trap stocks lingering out there, and they could be incredibly dangerous. A value trap is a stock that appears to be cheap because it has a low price-to-earnings multiple but is deceiving because the actual earnings estimates are too high. So, when the numbers come down, the stock gets crushed. “This can be a difficult concept for people, since the price-to-earnings multiple or P/E ratio, is the No. 1 metric we use to value…
The Apple iPhone 6c (or 7c, depending on which rumors you choose to believe) has been in the rumor mill for a while now. Even the analysts from IHS believe the phone is coming in 2016. However, there’s no consensus on what design Apple will be basing the iPhone 6c – the iPhone 5s, 5c or 6s. Well, a leaked set of live photos of a prototype dummy portray a 4″ iPhone based on the iPhone 6s. Apple iPhone 6c dummy unit The specifications of the 4″ iPhone are believed to include the A9 chip with 2GB of RAM. Home…
JPMorgan said Thursday it is setting aside more money to cover bad loans made to energy and mining companies. In its quarterly earnings report, the bank said it set aside $1.3 billion, or 49 percent more, year over year, for credit loss provisions, “driven by downgrades, including $124 million in the oil & gas portfolio and $35 million in metals/mining.” Credit costs, driven by the oil and gas industry, increased as well, the bank said. In spite of this, JPMorgan executives appeared to play down concern. “Our energy book isn’t that large,” CEO Jamie Dimon said on the bank’s earnings…
AT&T announced that it will be expanding its selection of rugged phones with two new models by Kyocera – the DuraForce XD and DuraXE, joining the Kyocera DuraForce, already up for offer. The DuraForce XD is currently the OEM’s top of the line offer. It comes with a spacious 5.7-inch 1280×720 pixel impact-resistant IPS display and is powered by the admittedly-outdated Qualcomm Snapdragon 400 MSM8928 SoC. Memory is set at 2GB for RAM and 16GB of onboard storage, which is also on the low-end. The XD 166.8×86.4×13.9mm body is extremely tough and is designed to cover a wide range of…