Finance

Early movers: LEN, BBRY, DRI, KMX, GE, UA, BMY, PG, YHOO, AMZN & more

Lennar — The home builder reported quarterly profit of $1.21 per share, nine cents above estimates, while revenue was in line. Lennar saw both new orders and deliveries jump 10 percent, with the dollar value of those new orders up 20 percent. BlackBerry — The company’s shares jumped 5 percent after posting a loss of three cents per share for ... Read More »

Goldman Sachs expects oil prices to fall further as OPEC stands pat

Goldman Sachs sees further weakness for oil due to the worsening of already weak fundamentals after OPEC held back from cutting production at its recent meeting. The investment bank is standing by its prediction of $20 a barrel bottom—the breakeven cash cost for highly levered high-cost US shale producers. If oil prices fall below that level, companies will have to ... Read More »

Trader: Buy these bank stocks on higher rates

The Fed’s decision Wednesday to increase interest rates for the first time since June 2006 could be setting up a winning trade for a group of stocks. Based on a quantitative model that takes into account various economic factors, Jeff Kilburg believes there are opportunities within the financial space. Even though many investors bought into the entire financial sector on ... Read More »

Gold is still going to $5,000: Peter Schiff

Gold prices plunged more than 2 percent Thursday on the heels of the first Federal Reserve interest rate hike in nearly a decade. The commodity is now sitting near its lowest level since 2010, and with 8 ½ trading sessions left in 2015, the commodity is on track for its third straight year of losses — which would be the ... Read More »

How to trade solar power stocks

Short-seller Jim Chanos reiterated his bearish SolarCity outlook on Thursday, despite the stock closing more than 6 percent higher. But Chanos—and some “Fast Money” traders—believe the wider solar space holds long-term upside. Chanos told CNBC he would add to his bet against SolarCity if it were easier to do, but stressed that he is not bearish on solar overall. While ... Read More »

Your first trade for Friday, December 18

The “Fast Money” traders gave their final trades of the day. Tim Seymour was a buyer of ITUB. Steve Grasso was a buyer of XLU. Brian Kelly was a buyer of TLT. Guy Adami was a buyer of RHT. Trader disclosure: On December 17, 2015 the following stocks and commodities mentioned or intended to be mentioned on CNBC’s “Fast Money” ... Read More »

Cramer: Apple has taken a beating. Still worth it?

With the Federal Reserve finally making the decision to tighten, Jim Cramer has been focused on stocks that that the market will still love in a tougher environment. “What we don’t like to see is suffering portfolios, and all too often we have seen all eggs in one basket of a loved stock,” the “Mad Money” host said. The best ... Read More »

Cramer: Apple has taken a beating. Still worth it?

With the Federal Reserve finally making the decision to tighten, Jim Cramer has been focused on stocks that that the market will still love in a tougher environment. “What we don’t like to see is suffering portfolios, and all too often we have seen all eggs in one basket of a loved stock,” the “Mad Money” host said. The best ... Read More »

Cramer: Companies loved by the market—here’s why

Thursday might have been a lousy day on the markets, but Jim Cramer said that does not mean investors should forget about all of the tremendous moves that occurred this week. In the middle of the terrific rally on Wednesday that was triggered bythe Fed announcing it would raise rates, four very important stocks quietly made their way higher. These ... Read More »

Cramer: Companies loved by the market—here’s why

Thursday might have been a lousy day on the markets, but Jim Cramer said that does not mean investors should forget about all of the tremendous moves that occurred this week. In the middle of the terrific rally on Wednesday that was triggered bythe Fed announcing it would raise rates, four very important stocks quietly made their way higher. These ... Read More »