Nasdaq stocks rose on Wednesday as a result of an investor strike earlier this week that led to a rebound in technology stocks, forming an additional cyclical name, which may benefit from the financial recovery after the coronavirus vaccine breakthrough.
The Dow Jones Industrial Average rose by 82 factors to 29,502 points, or 0.28%, to the S&P 500 index rose 0.8%, and the Nasdaq index rose 1.61%, which was attributed to the relief of pressure in the technology industry.
Katherine Ross of TheStreet mentioned the breaking news in the stock market. Kramer talked about the sale of Pfizer’s CEO Albert Boula (Albert Boula) stock, ServiceNow and what the White House energy transition means to the market.
Pfizer: Buy or promote?
Pfizer (Teflon)-Get report It was mentioned on Wednesday that they have reached an agreement to provide 200 million doses of Covid-19 vaccine candidates to the EU, which is the largest order for a potential vaccine to date.
According to reports, at the same time, its chief executive Albert Bourla (Albert Bourla) proposed his 62% stake in Pfizer on Monday as part of the scheduled plan passed on August 19, which insisted on insider information. Legal guidelines for buying and selling of persons.
Kramer pointed out that such a plan is unwise. “This is a protected port, and Rule 10b5-1 actually allows this. He will not be prosecuted for what he has done, but having some kind of plan is a sub-optimal option.”
ServiceNow: Buy or promote?
Workflow software company ServiceNow (just now)-Get report Exceeded Wall Street’s profit forecast for the third quarter. The company reported earnings per share of $1.21, higher than the earnings per share of 99 cents over the past 12 months, and higher than the Zacks forecast of $1.03. Revenue increased by 31% to US$1.09 billion, exceeding market expectations of US$1.06 billion.
Kramer mentioned that it is time to take a stand on the high-value stocks displayed by companies like ServiceNow. It’s time to buy stocks. Even with 5,000 stocks this morning, there are 24 factors leading. “
Energy transfer
President Donald Trump’s marketing campaign was filed in Michigan on Wednesday as part of its long-term licensed technology to overthrow Joe Biden’s victory in the three general elections in November. Trump refused to recognize the confusion caused by the election of Biden and filed lawsuits in key states.
Cramer mentioned that we really want to worry that the president is so stubborn that he will not be expelled from the White House. “He may mess up the election of teachers. The legal professional Basic may say that this may be a systemic concern in some of these states. He will vote and postpone the job of electing teachers. It is safe to say that the president may say that I am very I want Biden to take over, but I hope I really get the continued recognition. So far, as far as he is concerned, he has been completely acquired by AG Barr and the Senate. However, the way to defend people’s needs is not simple.”
These are not the key to Jim Cramer’s “Motion Alerts PLUS” charity beliefs. Want to get an early warning before Jim Cramer buys or sells stocks? Learn more from Cramer and its member team now.
https://www.thestreet.com/investing/stock-market-today-with-jim-cramer-pfizer-servicenow-trump-concede
#Stock #Market #Talks #Jim #Cramer #Buying #ServiceNow #FinTech #Zoom
More from Source