Investing

After doing some homework on the “roller-coaster” stock of Acadia Pharmaceuticals, CNBC’s Jim Cramer came back with a surprisingly positive take on the pharma play. “A lot of people don’t like roller-coasters, so even if you like what I’m about to say about the stock, it may not suit you. That said, I think that
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One of Wall Street’s top strategists and a longtime bitcoin fan has unveiled his top stock ideas to clients as a way to play the cryptocurrency craze. Fundstrat’s Tom Lee was the first major strategist to issue an official price target on bitcoin and now becomes the first to give clients direct bitcoin equity plays.
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Check out which companies are making headlines before the bell: General Motors — In a roundup of auto companies, Piper Jaffray wrote in a note that General Motors is “very cheap” compared to others in the industry. The firm views GM as “the second least-risky” company in its coverage and named the motor city giant
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Hong Kong-based private equity and venture capital firm First Eastern Investment Group is betting big on China’s burgeoning financial technology sector, its chairman and chief executive told CNBC. “I’m putting my money on Chinese fintech, particularly the payments sector going global,” Victor Chu said Friday on the sidelines of the Fortune Global Forum in Guangzhou,
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As he rounds out his last few months as CEO of the now-private Panera Bread, Ron Shaich told CNBC that one of his biggest worries is the “pervasive short-term-ism” of the public market. “The greatest competitive advantage Panera had, the reason we produced these results we did, is because we could think long term,” Shaich
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Bitcoin is a pure gamble, and those interested in the cryptocurrency should just go to Vegas instead, CNBC’s Jim Cramer warned on Wednesday. The cryptocurrency, which has surged more than 1,000 percent this year, broke above the $12,000 mark on Wednesday morning, according to industry site CoinDesk. Bitcoin’s rapid gains have prompted some market participants
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CNBC’s Jim Cramer remembers the days when kids bought the same brands as their parents, afraid that deviating would mean they were questioning their elders’ judgment. But now, consumer patterns are suggesting that the exact opposite idea has taken hold. “Customer loyalty? Hard thing to come by these days,” the “Mad Money” host said. “Now
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While technology’s bullish run this year has many on Wall Street wondering if the sector is set to roll over, MKM Partners recommends investors buy Micron and “buy the dip.” Pointing to a 1.5 percent decline in the Technology Select Sector SPDR ETF (XLK) last week (down 1 percent Monday) and a 31 percent increase
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