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Jim Cramer Notes RTX Faces Valuation Pressure as Rates Rise
Insider Monkey11d agoneutral
Jim Cramer Notes RTX Faces Valuation Pressure as Rates Rise

A caller asked what was going on with RTX Corporation (NYSE:RTX) during the September 16 episode of Mad Money. In response, Jim Cramer said: Okay, here’s what’s happening. We’ve been looking at companies that have high price-to-earnings multiples, and we’ve been shrinking them. As the Fed raises rates, the multiple that people pay for earnings […]

How Atlassian Stock Shook Off 'SaaSpocalypse' AI Fears For A Big Rally
Investor's Business Daily11d agobullish
How Atlassian Stock Shook Off 'SaaSpocalypse' AI Fears For A Big Rally

Atlassian opened the year looking like a poster child for Wall Street's fears about AI eating up the software market. Atlassian — a maker of software tools focused on workplace projects and collaboration — has been on a bounce-back rally since tumbling almost 60% during the first three months of the year. With a slight gain in Thursday's trading, Atlassian is ahead almost 19% on the year.

Jim Cramer on Gemini Space Station (GEMI): “I Would Keep It as Your Spec”
Insider Monkey11d agoneutral
Jim Cramer on Gemini Space Station (GEMI): “I Would Keep It as Your Spec”

During the September 14 episode of Mad Money, a caller with a five-year time horizon asked whether to add to the position purchased at $26 or sell Gemini Space Station, Inc. (NASDAQ:GEMI). Jim Cramer replied: Okay, that’s the Winklevoss brothers, and those guys are terrific. I know that they’re really smart guys. Let’s do this. […]

Jim Cramer on Lyft (LYFT): “We’ve Seen a Pretty Impressive Turnaround Here”
Insider Monkey11d agoneutral
Jim Cramer on Lyft (LYFT): “We’ve Seen a Pretty Impressive Turnaround Here”

During the September 14 episode of Mad Money, Jim Cramer discussed the market action surrounding Lyft, Inc. (NASDAQ:LYFT), the second largest ridesharing platform in the United States, as he said: Alright, what are we making in the recent action in the stock of Lyft, the number two ride sharing platform in the United States? Its […]