Jim Cramer on Wall Street

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Last quote by Jim Cramer on Wall Street

If you want a healthy bull market, the consumer staples stocks are exactly the ones we need to leave behind. These are classic, recession-proof names that investors buy when they're worried about a slowing economy. The fact that they're being sold indicates Wall Street is more confident about the future. Bottom line: the charts, as interpreted by Ed Ponsi, suggest that the consumer staples cohort and, in particular, the food stocks could have more downside. That's an absolutely essential component if the bull herd can continue to thunder.feedback
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NEW Oct 17 2017
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All quotes by Jim Cramer on Wall Street

In some cases, that may be true. However, this morning Home Depot reported the best quarter of any major retailer relative to expectations, with same-store sales up 5.5 percent versus the 3.9 percent that Wall Street was looking for. So much for the shortfall thesis. That makes this stock exhibit A in the here and now for why people sell winners.feedback

I think that when earnings are finished, maybe Wall Street will start focusing on the White House again, if they can focus themselves. Right now, though, the only thing this market cares about is the numbers. If the numbers are good, stocks go up regardless of the Comey fracas or the state of the Russia probe. And if they're bad, they get taken to the woodshed, or even go straight into the chipper-shredder.feedback

While you know I hate that term – it sets up [Apple CEO] Tim Cook for failure, don't want that – I understand the sentiment. So did Wall Street. Apple's stock soared.feedback

While other retailers are closing locations left and right in order to save money, Five Below continues to expand in order to make money. And remember that Wall Street loves growth, and adores a company with a runway and a flight plan.feedback

The problem is that as much as Wall Street likes Trump's pro-business policies, their potential is already baked into the stock market. That was that great first quarter.feedback

I think it's possible that they are being a little too hopeful … but nevertheless, we need to accept that cynicism has been knocked for a loop here and cautious optimism has descended upon Wall Street in a way I haven't seen since Ronald Reagan won the White House 36 years ago.feedback

On Wall Street you don't spring unexpected plans about the need for major spending without expecting a backlash of skepticism.feedback

Jeff Bezos doesn't want to cut off his nose to spite his face, or please Wall Street.feedback

In retrospect, Wall Street completely misvalued Time Warner the enterprise. The stock simply did not reflect the company's true worth because the ultimate arbiter is another business swooping in to make an acquisition, not the incredible fickle nature of the stock market.feedback

On days like today the market does seem unfair to me. A fine executive like Jeff Bewkes should not have to wait for years before the value of his company is recognized on Wall Street.feedback

The exchange stocks are experiencing a renaissance on Wall Street, thanks to a huge wave of consolidation that has wiped out so much of the competition. And in this environment, I think the group can keep moving higher.feedback

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Quotes by Jim Cramer on Wall Street

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