Amazon needs to make more money from its retail business at a time when the bar is already high and short-attention-span consumers are looking for bigger and better bargains. Starting in 2025, "the retail business has big shoes to fill from [Amazon Web Services]," research firm MoffettNathanson wrote in...
A new endorsement of Starbucks from a top Wall Street research firm doesn't budge our skepticism about the coffee giant's ability to deal with the multiple challenges holding back its stock. Goldman Sachs on Thursday initiated coverage of Club name Starbucks with a buy rating and a $100-per-share price...
CNBC's Jim Cramer said Friday that global insurer and recently revealed Warren Buffett mystery stock Chubb is still undervalued. Cramer called Chubb — selling at 12 times forward earnings — "ridiculous" given the stock's 19% year-to-date rise and nearly 40% gain over the past 12 months. "This stock is...
CNBC's Jim Cramer sees footwear company Deckers Outdoor as a disruptive industry player that even big rivals like Nike should be worried about. "Nobody can touch them right now," Cramer said Friday on "Squawk on the Street." Deckers is the company behind the fashion brand UGG, running shoes Hoka,...
CNBC's Jim Cramer likes Costco stock despite its high valuation and suggests it has more room to run. "I feel very comfortable" about Costco, Cramer said Thursday on " Squawk on the Street ," after the wholesale retailer reported a solid April sales report. "I know the multiple is...
CNBC's Jim Cramer expressed sympathy for Southwest as the airline stock was further punished by a new sell call following last week's wider-than-expected quarterly loss on Boeing aircraft delays. "I don't know what you can do. A lot of this is not their fault. It's Boeing's fault," Cramer said...