Mad Money Host at CNBC
Member since: Sep '20 · 5561 Opinions
Stock market feels strange as many stocks rising that don't usually correlate. All major stock indexes are at record highs which is defying conventional wisdom. Many investors and pundits are vexed as to the reason behind market strength. Currently "the bears" are very wrong, as strength in markets keeps going. For example, commodities and utilities are rising at the same time. Another rule of thumb - FANG has strength while other sectors fall - is not coming true. It appears many groups of investors are converging (tech/growth, hard assets/value). However, many investors are skeptical - believe consumers will tap out eventually. If interest rates are cut - will further boost economy. Bottom line is that the bull market is an amazing phase (even if investors are wrong).
Stock too cheap. However, have to been realistic about turnaround time. Will take time.
Can't criminally prosecute a company, could be good company to hold (some people will be held accountable though).
Would recommend buying. Stock heading into the $60 range.
Good for marijuana exposure. Speculative, but quality.
Believes stocks are at a cross roads between inflation & opportunity in technology. Investors should focus on companies that are not held hostage to interest rates & inflation. Housing prices stubbornly high, but companies like Amazon bringing down costs in consumer goods. Markets are awaiting upcoming CPI reading & jobs reports. New A.I. tech making record breaking advances. Machines are being used to speed up development time for new drugs. Would advise investors not to get too optimistic about inflation coming down. Immigration keeping down wage inflation, but also adding to housing costs. New Chat GPT 4.0 is incredible with translation skills. However, new technology doesn't solve housing problem, or demand for other physical goods (cars etc.) Near term, there are major concerns. Reminder of past internet bubble where promises of tech revolution eventually came true - but took years. Also - like 1999 - tech promises didn't solve short term problems (costs etc.).
Would recommend holding. Not worried about rising consumer debt (banks assume this liability).
Great stock, but trades erratically. Would recommend buying on weakness.
Major run up, with mediocre yield. Would recommend selling half.
Any time stock moves up ~77% - usually a good time to sell. Would recommend holding - major potential.
Fantastic company. Very high valuation. Would recommend holding. Great fundamentals.