قالب وردپرس درنا توس
Home / Business / These are the stocks CNBC's Jim Cramer thinks you should buy right now

These are the stocks CNBC's Jim Cramer thinks you should buy right now



Last week, Jim Cramer is looking for some bargains.

"That's some authentic fantasy football gibberish that means

In addition to Okta, Service Now and Salesforce. This is one of the most popular Cramer thinks investors to add to their portfolio after Week 1:

Starbucks

Coffee giant Starbucks is down more than 5% since Thursday , closing at 90.98 on Wednesday. CEO Kevin Johnson, who said next year's fiscal results will see slower-than-expected growth because of a one-time tax benefit boosted

But Cramer is not worried about either of these developments, saying Johnson's remarks do not really matter because of the "company operating income growth model is intact."

The SEC issue "was a nothing burger plain and simple, "Cramer argued.

" There were 200 other companies that were flagged. "Starbucks

VM Ware

Software company VMWare's stock, which closed at 1

54.43 on Wednesday, is down nearly 25% since its 2019 high of 205.52 on May 16th.

But Cramer said he ha Sanjay Poonen said on Tuesday that his new acquisitions could benefit it.

VMWare, a cloud virtualization company, acquired cybersecurity firm Carbon Black and Pivotal, which has products to help companies create and install their software across different server infrastructure. The acquisitions were valued at $ 4.8 billion.

"I had been skeptical given that Pivotal appeared to be a castoff from VMWare's parent company." But Poonen changed my mind, "Cramer said. "Splash

Splunk CEO Doug Merritt appeared on."

[194559002] Splunk CEO Doug Merritt appeared on "Mad Money" last week, and after that, Cramer said it's a strong investment opportunity.

"I believe we're getting a chance to buy that at an incredible bargain," Cramer said. "Spunk is a premier data analytics game" so ins Deutsche: Salesforce.com is willing to buy Tableau Software A takeover target, "Cramer said.

Splunk, which has a great deal of big data, has dropped nearly 20% from its 2019 high. It sits at 113.89 after Wednesday's close, down from 140.73 on July 26.

"Splunk is for real and this stock market is acting as if it is fake," Cramer added.

Potential Picks

Cramer praised Shopify for its recent acquisition of warehouse automation start-up 6 River for $ 450 million.

Cramer praised two more companies that would make sense of it possible: Shopify and Chipotle. Shopify is expected to soon be behind Amazon for U.S. e-commerce.

"But the stock is in a downtrend – it has now given up $ 70 on points." Wednesday.

As for Chipotle, Cramer said, "Because it's the top performer in the S & P 500, it's starting to hit a wall because of a stock market rotation." . "

" Cramer said, adding Chipotle so caught up in the same SEC inquiry as Starbucks. "

In fact, it's business seems to be accelerating, Cramer said.

"When you get a chance to buy the best of the best down almost 10%, that's like a week in," Cramer said.


Source link