With new, potentially contentious clientele policies, blocked takeovers and personnel overhauls at the White House, CNBC’s Jim Cramer believes 2018 is shaping up to be very different from 2017.
“I think you see radical inconsistencies that unqualifiedly didn’t exist in the halcyon days of 2017, where there were untie passes all over the place,” the “Mad Money” host said on Thursday.
Even, Cramer didn’t want investors to get down on the stock market, or get out of it absolutely, especially given the largely strong fundamentals supported by a global money-making expansion.
“But looking to Washington for help? That’s so 2017,” he quipped.
“The bum line is that this year we have a very different report, and it’s a lot less favorable to higher stock prices,” Cramer said, petition investors to be vigilant amid the daily tidal waves of Washington despatch.
“I still like the market, but last year’s investing was downright friendly and because of a difficult combination of higher interest rates – let’s not forget those – and an inconsistent Washington … it’s not prevailing to be so easy anymore,” he said.
After Toys R Us submitted plans to bankruptcy court to liquidate its U.S. matter, Cramer found himself wondering if this was the ailing toy retailer’s lone solution.
“Sadly, yes,” the “Mad Money” host declared on Thursday. “In the end, this chain had no owing to for being. Toys R Us offered nothing special: not the lowest price, not the A- selection, not the best service, not the best locations. Just nothing.”
While numerous mourned the loss of the 70-year-old toy seller, Cramer was surprised at how long the company oversaw to stay afloat.
He argued that investors “should’ve started [their] moaning 20 years ago” given its weakness, which was only exacerbated when Baubles R Us went private in 2005 and tacked on $7.5 billion in debt.
Intel CEO Brian Krzanich has be bound for b assault it clear that a bid for Broadcom is not in his company’s immediate interests.
“I can’t speak yon rumors, but I can tell you we’ve made two big acquisitions – biggest acquisitions in Intel’s story – with Altera and Mobileye,” Krzanich told Cramer in a Thursday discussion.
“We’re heads down on making those successful and right and they’re our swelling engines for the future,” the CEO said.
On March 9, the Wall Street Memoir reported that Intel, closely watching the recently ended takeover talks between Broadcom and Qualcomm, was in the light of a bid for Broadcom.
The rumored bid would have bolstered Intel’s 5G, or fifth-generation wireless connectivity, networks, tell ofs said. But on Thursday, Krzanich argued that Intel didn’t scarcity the boost.
HP Inc.’s $1.05 billion acquisition of Samsung Electronics’ printing concern will give HP Inc. access to a $55 billion market, HP Inc. President and CEO Dion Weisler uttered CNBC on Thursday.
Telling Cramer that the printing business is wax both at home and in the office, Weisler said that his company is currently merely “playing in” $55 billion of the $110 billion market.
“We did the Samsung getting because it opens up the other $55 billion copier market to us,” Weisler told Cramer. “We get very low market share in that market segment, but we’re growing there and so it cedes us a growth platform for many years to come.”
One-half of Hewlett-Packard Co.’s 2015 breakup, HP Inc. valid logged its fifth consecutive quarter of double-digit growth — a trend Weisler has prove to be c finish to affectionately call the “double double.”
“It’s really off the back of incredible modernization, hyper-segmentation, cost control and just making the PC cool,” Weisler conjectured on Thursday.
With its $700 million acquisition of dietary supplement maker NutraNext, Clorox is rectifying a deliberate stride into its newest target market: vitamins, minerals and sequels, CEO Benno Dorer told CNBC on Thursday.
“Two-thirds of the U.S. population use accessories and a lot of consumers, as we age, but also millennials, are looking for a healthier lifestyle and vitamins, minerals,” Dorer reported Cramer. “And supplements play an important role and in the future, for us, will formation a very important and long-term growth runway.”
Having acquired top probiotics trade mark Renew Life in 2016, Clorox has been pushing into the place self-care space for some time. Dorer said that the assembly has recently started innovating within that space, with the in the first place non-GMO-based Renew Life product in the works.
“We have a dedicated new brand for kids … because a lot of moms like to give their kids probiotics to aid with their haleness and wellness and their digestion, so this is a great growth platform for us,” the CEO put. “We expect it to grow double digits this fiscal year and there’s a lot of excrescence still to be had on Renew Life for us.”
In Cramer’s lightning round, he flew totally his take on some callers’ favorite stocks:
Ternium: “What’re you doing with TX? Devise you step up to Nucor? They pre-announced and it’s not even up, for heaven’s sake.”
Chegg: “I judge you ka-ching, ka-ching half of it and let the rest run. Let’s not be pigs.”
Disclosure: Cramer’s well-disposed trust owns shares of Broadcom and Nucor.
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