Stocks discussed on the in-depth session of Jim Cramer’s Mad Money TV Program, Thursday, May 17.
The economy is running too fast and is getting hotter. Cramer thinks someone will get hurt if the Fed keeps raising interest rates. After weaker than expected nonfarm payrolls, the street expected Fed to not raise rates aggressively. However, after the jobless claims data, the Fed could....More>>>
Dubuque Bank & Trust Co. lowered its holdings in JPMorgan Chase (NYSE:JPM) by 0.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 170,979 shares of the financial services provider’s stock after selling 1,049 shares during the quarter. JPMorgan Chase accounts for about 2.8% of Dubuque Bank & Trust Co.’s holdings, making....More>>>
Every year at Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) annual meeting, CEO and Chairman Warren Buffett and Vice Chairman Charlie Munger spend hours answering questions on investing and life in general. Even though many of the questions asked are pertinent to Berkshire’s businesses, there are always a few takeaways for investors.
A decade after the financial crisis, big banks have seen their businesses recover and become stronger than ever. Bank of America (NYSE:BAC) and JPMorgan Chase (NYSE:JPM) have the most assets of any two U.S. banks, and their stocks have done quite well recently.
At this point, interest rates are starting to become more favorable for banking institutions, and both B of A and JPMorgan have consumer-facing....More>>>
On Monday, Bank of America Corp (NYSE:BAC) reported fiscal first-quarter results. The banking giant beat on both earnings per share and revenue expectations. Despite the good results, BAC stock was down in early Monday trading before rallying about 1% in the afternoon.
So what gives?
Unfortunately for bullish investors, the reaction by Bank of America stock isn’t much of a surprise.....More>>>
The jobs report whiffed on expectations, coming in at 157,000 versus expectations of 192,500. However, the last two months were revised higher, so perhaps this report will be as well. Either way, investors are shrugging off the miss, as the major indices grind higher. Here are our top stock tra