Lightning Round: 'Wait and see situation' with Papa John's, says Jim Cramer
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
26 minutes ago
- Yahoo
Jim Cramer shocks Wall Street with two hot crypto picks
Jim Cramer shocks Wall Street with two hot crypto picks originally appeared on TheStreet. Jim Cramer, the popular host of the CNBC shows "Mad Money" and "Squawk on the Street," is well-known for dropping his hot take on the trending stocks. Whether it's the manufacturing sector or the technology sector, nothing escapes his close scrutiny. What is remarkable about Cramer is that he has made the stock market very accessible to the average Joe, and his wildly exciting manner of presenting the latest updates keeps the audience hooked to the screens. His calls on different stocks have generated a lot of noise over the past few years — both when he nailed them and when he failed to gauge the future trends. Notwithstanding his loud and boisterous manner of presentation, Cramer has earned himself a loyal following over the years. Retail traders from far-flung towns in the U.S. call Cramer during the show and ask for his advice on the prospects of stocks they are considering. And the popular CNBC host doesn't hesitate to share his opinion, however divergent from conventional wisdom it may be, to try to help his callers navigate the markets. Jim Cramer eyes crypto market With several crypto firms going public within the past few years, they have also attracted the attention of the veteran market analyst. Cramer has changed his opinion on crypto over the years. While he was once extremely dismissive of the emerging trend, he has over time come to appreciate the alternative offered by the crypto asset economy. When the AI cloud company CoreWeave (Nasdaq: CRWV) announced the acquisition of the Bitcoin mining firm Core Scientific (Nasdaq: CORZ) on July 7, he called it "very positive." Nonetheless, Cramer doesn't shy away from dissing crypto stocks he doesn't like at the moment. Despite the impressive public debut of Circle Internet Group (NYSE: CRCL), he warned that an established giant like BlackRock (NYSE: BLK) could easily outpace the stablecoin firm once it decides to go all in on the asset category. Now, Cramer has two recommendations in the crypto sector. On Aug. 14, he discussed two crypto stocks in detail on the "Squawk on the Street" show, which we shall dig deeper into. Jim Cramer talks about Bullish Launched in 2011, Peter Thiel-backed Bullish (NYSE: BLSH) is a global crypto trading exchange that went public on Aug. 13. It announced on Aug. 19 that it had arranged to receive $1.15 billion of proceeds from its recently completed initial public offering (IPO) in stablecoins, including Circle's USDC, Ripple's RLUSD, and Donald Trump-backed World Liberty Financial's USD1. Since its public debut, BLSH's shares have seen a decline. Cramer said of the price movement, "Okay, so I think that it was amazing. Basically because it went up, a huge amount. And then there was profit taking... And the fact that Bullish came down a little bit made me feel okay, it's not completely crazed." On July 9, Bullish announced a collaboration with the Solana Foundation, the aim of which is to make Solana-native stablecoins the primary crypto asset used across Bullish's exchange and clearing services. Cramer added, "I was confused by Tom Farley, he's the CEO, talking about how it's gonna be a Solana-based business. Because you can't buy Solana at Fidelity. If you wanna buy Solana at Coinbase, you have to have a picture of your driver's license. I mean they were like carding you to buy Solana. I want to know more about Solana was their choice.' The BLSH stock was trading at $59.09 at press time, down 6.75% a day. Robinhood Markets Launched in 2013, Robinhood Markets (Nasdaq: HOOD) is an electronic trading platform that offers stocks and crypto assets. The company went public in 2021 and recently attracted significant media scrutiny following the launch of tokenized stocks. Cramer thinks Robinhood is miles ahead of other platforms. "A lot of the brokers I think are sitting back, they don't want to admit it on air and say, Oh my god, Robinhood is crushing us." He added, "Uh, I do think that Vlad Tenev has got the brokers of the future. And I think that the other guys have to catch up.' The HOOD stock was trading at $107.87, down 6.22% a day. Jim Cramer shocks Wall Street with two hot crypto picks first appeared on TheStreet on Aug 19, 2025 This story was originally reported by TheStreet on Aug 19, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Jim Cramer shocks Wall Street with two hot crypto picks
Jim Cramer shocks Wall Street with two hot crypto picks originally appeared on TheStreet. Jim Cramer, the popular host of the CNBC shows "Mad Money" and "Squawk on the Street," is well-known for dropping his hot take on the trending stocks. Whether it's the manufacturing sector or the technology sector, nothing escapes his close scrutiny. What is remarkable about Cramer is that he has made the stock market very accessible to the average Joe, and his wildly exciting manner of presenting the latest updates keeps the audience hooked to the screens. His calls on different stocks have generated a lot of noise over the past few years — both when he nailed them and when he failed to gauge the future trends. Notwithstanding his loud and boisterous manner of presentation, Cramer has earned himself a loyal following over the years. Retail traders from far-flung towns in the U.S. call Cramer during the show and ask for his advice on the prospects of stocks they are considering. And the popular CNBC host doesn't hesitate to share his opinion, however divergent from conventional wisdom it may be, to try to help his callers navigate the markets. Jim Cramer eyes crypto market With several crypto firms going public within the past few years, they have also attracted the attention of the veteran market analyst. Cramer has changed his opinion on crypto over the years. While he was once extremely dismissive of the emerging trend, he has over time come to appreciate the alternative offered by the crypto asset economy. When the AI cloud company CoreWeave (Nasdaq: CRWV) announced the acquisition of the Bitcoin mining firm Core Scientific (Nasdaq: CORZ) on July 7, he called it "very positive." Nonetheless, Cramer doesn't shy away from dissing crypto stocks he doesn't like at the moment. Despite the impressive public debut of Circle Internet Group (NYSE: CRCL), he warned that an established giant like BlackRock (NYSE: BLK) could easily outpace the stablecoin firm once it decides to go all in on the asset category. Now, Cramer has two recommendations in the crypto sector. On Aug. 14, he discussed two crypto stocks in detail on the "Squawk on the Street" show, which we shall dig deeper into. Jim Cramer talks about Bullish Launched in 2011, Peter Thiel-backed Bullish (NYSE: BLSH) is a global crypto trading exchange that went public on Aug. 13. It announced on Aug. 19 that it had arranged to receive $1.15 billion of proceeds from its recently completed initial public offering (IPO) in stablecoins, including Circle's USDC, Ripple's RLUSD, and Donald Trump-backed World Liberty Financial's USD1. Since its public debut, BLSH's shares have seen a decline. Cramer said of the price movement, "Okay, so I think that it was amazing. Basically because it went up, a huge amount. And then there was profit taking... And the fact that Bullish came down a little bit made me feel okay, it's not completely crazed." On July 9, Bullish announced a collaboration with the Solana Foundation, the aim of which is to make Solana-native stablecoins the primary crypto asset used across Bullish's exchange and clearing services. Cramer added, "I was confused by Tom Farley, he's the CEO, talking about how it's gonna be a Solana-based business. Because you can't buy Solana at Fidelity. If you wanna buy Solana at Coinbase, you have to have a picture of your driver's license. I mean they were like carding you to buy Solana. I want to know more about Solana was their choice.' The BLSH stock was trading at $59.09 at press time, down 6.75% a day. Robinhood Markets Launched in 2013, Robinhood Markets (Nasdaq: HOOD) is an electronic trading platform that offers stocks and crypto assets. The company went public in 2021 and recently attracted significant media scrutiny following the launch of tokenized stocks. Cramer thinks Robinhood is miles ahead of other platforms. "A lot of the brokers I think are sitting back, they don't want to admit it on air and say, Oh my god, Robinhood is crushing us." He added, "Uh, I do think that Vlad Tenev has got the brokers of the future. And I think that the other guys have to catch up.' The HOOD stock was trading at $107.87, down 6.22% a day. Jim Cramer shocks Wall Street with two hot crypto picks first appeared on TheStreet on Aug 19, 2025 This story was originally reported by TheStreet on Aug 19, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
3 hours ago
- CNBC
The market rotation picks up steam. It's the latest reminder of a key investing rule
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets : Stocks are broadly lower on Tuesday, with the tech-heavy Nasdaq dropping more than 1%. Since the Morning Meeting at 10:20 am ET, there's been a pickup in the rotation out of year-to-date winners and momentum stocks — including the crypto cohort — into value-themed laggards. The Dow Jones Industrial Average , which earlier in the session touched a fresh record high, also traded in the red in the afternoon. Breaking it down: One way to show the divergence in Tuesday's market is by looking at the performance of the Invesco S & P 500 equal-weight ETF , known as the RSP, versus the performance of the S & P 500 . The RSP gives each member of the index the same weighting compared with the traditional S & P 500, which is weighted by market capitalization, so the most valuable companies have a bigger influence. On Tuesday, the equal-weight ETF is having a solid session, up about one-third of one percent, while the S & P 500 is falling by more than 0.5%. What this shows is that the average stock is performing better than the largest companies in the index. Another way is to look at the biggest gainers this year. Eight of the top 10 performing stocks in the S & P 500 in 2025 are trading lower, led by the ultimate high-flier in Palantir . The software company is one of the most expensive stocks in the market based on traditional valuation metrics. It's shedding more than 8% on Tuesday but is still up more than 110% in 2025. The two gainers within the top 10 performers this year are eBay and CVS Health . Both stocks trade at below-market price-to-earnings multiples, offering some buffer in a market scrutinizing stocks with lofty valuations. Within the portfolio, we're seeing the rotation play out through weakness in the "Magnificent Seven," as well as stocks with premium P/E multiples including Broadcom , Crowdstrike and GE Vernova . And some of the better performing stocks are value-based ideas like Bristol Myers Squibb , Danaher , Dover and DuPont . Meanwhile, Home Depot and Palo Alto Networks are top two stocks in the portfolio Tuesday, but that's because of what we heard in their respective earnings reports. Market rotations often catch investors off guard and typically last a few sessions. High-multiple stocks are called high-flyers for a reason, and moves like this highlight why we constantly look to lock in gains after parabolic moves. For example, we trimmed Broadcom earlier this month. Up next: There are no major earning reports after the closing bell on Tuesday. But Wednesday is an important morning for retail with TJX Companies , Target and Estee Lauder reporting. We'll also see reports from the industrial chipmaker Analog Devices . On the data side, we'll see weekly mortgage applications and the release of the minutes from the Federal Reserve's July meeting. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
