Myvideo

Guest

Login

CNBC Television Jim Cramer on why he thinks inflation-driven sell-offs are buying opportunities

Uploaded By: Myvideo
1 view
0
0 votes
0

🎯 Загружено автоматически через бота: 🚫 Оригинал видео: 📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал. ✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его. 📃 Оригинальное описание: “Mad Money“ host Jim Cramer on Thursday explained why he believes investors should treat inflation-driven sell-offs on Wall Street as buying opportunities. Sign up and learn more about the CNBC Investing Club with Jim Cramer CNBC’s Jim Cramer on Thursday stressed the need for investors to remain confident in the face of market weakness related to inflation concerns, describing such pullbacks as opportunities to buy stocks at a discount. “These inflation fear-mongers are ignorant of how the stock market actually works. They’re ignorant about how companies actually work. Their arguments are full of holes, so the next time they knock down the entire asset class ... you should do some buying,” the “Mad Money” host said. The comments came after the tech-heavy Nasdaq Composite rallied 0.5% Thursday, one session after it fell 1.7% as Wall Street worried about the latest data showing high levels of inflation across the U.S. economy. October’s consumer price index, released Wednesday, showed the largest annual increase in over 30 years, which Cramer said prompted some investors to suggest the Federal Reserve be more aggressive with monetary policy including possible interest rate hikes. While that concern may have triggered some selling, Cramer repeated his call that sell-offs connected to some combination of Fed and inflation fears can create favorable situations. “We knew this inflation number was going to be hideous ... but you need to remember that this is a backwards-looking indicator; there’s a very real chance this will be as bad as it gets, which would mean any inflation driven sell-off like yesterday is, indeed, a buying opportunity.” In those instances, Cramer said it’s important to look for stocks that “thrive in a higher inflation environment,” such as the FAANG cohort. That includes Facebook-parent Meta, Apple, Amazon, Netflix and Google-parent Alphabet. “They each offer something that can be used to dampen runaway price increases because they’re all such bargains,” Cramer said. “Facebook’s a bargain for advertisers; Amazon’s a bargain for shoppers; Netflix is a bargain for anyone who wants entertainment; Google’s a bargain for both shoppers and advertisers. Only Apple does not necessarily offer a bargain proposition, although when you consider how many devices the iPhone can replace, I’d say it’s a steal at any price.” » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBCTV

Share with your friends

Link:

Embed:

Video Size:

Custom size:

x

Add to Playlist:

Favorites
My Playlist
Watch Later