Dow futures gain on President Donald Trump’s new stance on stimulus. Stocks finished sharply higher Wednesday after Trump said he would consider alternative aid measures such as a new round of stimulus checks, support for airlines, and the Paycheck Protection Program.

In the last episode of Mad Money, Jim Cramer said that when the president tweets something that tanks the stock market, it’s a mistake to sell, because President Trump hates lower stock prices and almost always reverses himself.

TheStreet’s Katherine Ross and Cramer are on Street Lightning talking about buying Alphabet stock, alternatives to the stimulus package, and Trump’s tweets.

Alphabet Stock: Buy or Sell? 

A House panel proposed to limit the power and influence of the tech giants including Amazon  (AMZN) – Get Report, Facebook  (FB) – Get Report, Apple  (AAPL) – Get Report, and Alphabet Inc.  (GOOGL) – Get Report, the parent company of Google. The recommendations from the House antitrust subcommittee could lead to the breakup of tech companies if approved by Congress.

On Tuesday, Google  (GOOGL) – Get Report announced that the G Suite brand will be replaced by Google Workspace as the new name for its package of business tools. The rebranding comes in parallel with the Google features such as having a video chat display at the corner of a document-editing window.

Cramer doesn’t find this concerning, saying “I know that the market is punishing Alphabet and I think that’s crazy.” He advises investors to buy the Alphabet stock which would be “fantastic” if the company was broken up.

Alternatives to a Stimulus Package

President Donald Trump said on Wednesday that he may consider alternative stimulus measures, which may include a paycheck protections program. That would be key for

Stocks rose sharply Wednesday after President Donald Trump said he would consider alternative aid measures such as a new round of stimulus checks, support for airlines and the Paycheck Protection Program, a day after halting stimulus talks until after the presidential election.



a boat sitting on top of a blue background: Stock Market Today With Jim Cramer: Buy Boeing


© TheStreet
Stock Market Today With Jim Cramer: Buy Boeing

TheStreet’s Katherine Ross discussed breaking news in the stock market on Street Lightning. Cramer spoke about his expectations from the vice presidential debate tonight, Boeing stock and challenges for General Electric.

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Vice-Presidential Debate

The debate between Vice President Mike Pence and the Democratic candidate, Sen. Kamala Harris of California, is scheduled for Wednesday night in Salt Lake City.

Pence agreed to install plexiglass dividers for the debate with Harris after many members of President Donald Trump’s debate prep team tested positive for Covid-19 following the first presidential debate in Cleveland, Ohio.

Cramer said if we get a steady hand from Pence then Harris would be blunted. “However, if she can get him off his game then no. He’s very firm on certain issues and I don’t think Kamala will be able to throw him off his game. But I want to see if she can make him sweat.”

Boeing: Buy Or Sell?

On Tuesday, Boeing slashed its aircraft demand forecast by 11% for the next decade. Boeing’s outlook said that plane-makers will deliver 18,350 commercial airplanes in the next decade – 11% lower than the comparable 2019 forecast – valued at about $2.9 trillion.

Cramer really likes the Boeing stock right now. “It’s a good opportunity to buy shares of Boeing. Referring to a difficult political environment in the U.S.and the lack of agreement on stimulus for airlines, Cramer said, “The worst case isn’t Boeing right now, right here.”

General Electric: Buy Or Sell?

On Tuesday,

Dow ended sharply lower Tuesday after President Donald Trump told his team to halt negotiations with Democrats on a fiscal stimulus package. Trump then reversed course in a tweet, sending Dow futures higher on Wednesday.

In the last episode of Mad Money, Jim Cramer asked if small businesses cab hold on until after the election? The airlines? Restaurants? With stimulus talks up in the air, Cramer looks at where we can turn to.

TheStreet’s Katherine Ross and Cramer discuss Google rebranding to G-suite, AMC reopening, and the accessibility of a potential coronavirus medicine.

Google Stock: Buy or Sell? 

Google  (GOOGL) – Get Report announced on Tuesday that the G Suite brand will be replaced by Google Workspace as the new name for its package of business tools. The rebranding comes in parallel with the Google features such as having a video chat display at the corner of a document-editing window.

Cramer said that Google stock is so far off from its high, it’s only up 10% for the year. No matter what they do seems like its snakebite. 

AMC Entertainment Stock: Buy or Sell?

AMC Entertainment  (AMC) – Get Report said Tuesday that it will keep most of its global theaters operating, and plans to increase openings in New York and California, ahead of key movie releases in the final months of the year.

The world’s biggest cinema chain said some 80% of its U.S. theaters remain open, with a higher percentage in Europe under its Oden Cinemas Group brand.

Cramer said maybe there is room for one theater and there may be a lot of people who feel that there is nothing to fear from COVID-19 if you can crush it, but if you can’t crush the virus then there is a fear.

Is COVID-19

Dow futures turned higher Tuesday after Trump returned to the White House Monday evening despite only arriving at Walter Reed medical center on Friday. Most medical experts don’t see how Trump can safely go back to the White House as Covid-19 stays in our system for 14 days.

In the last episode of Mad Money, Jim Cramer said that the stock market has something for everyone as President Donald Trump was reportedly doing better, while Democratic challenger Joe Biden continues to widen his lead in the polls. That sent many different sectors rallying, even if they typically wouldn’t trade in tandem.

TheStreet’s Katherine Ross and Cramer are on Street Lightning talking about Regeneron stock after the Pharmaceuticals company new deal, the Bristol Meyers deal, and renewed hopes over the stimulus package. 

Regeneron Stock: Buy or Sell?

Regeneron Pharmaceuticals Inc.  (REGN) – Get Report shares jumped higher Monday amid speculation the drugmaker could soon receive Emergency Use Authority from the Food & Drug Administration after its coronavirus treatment was given to President Donald Trump. 

Trump’s doctors said over the weekend that he received an infusion of Regeneron’s dual antibody treatment for COVID-19 after testing positive for the virus on Thursday.

He likes Regeneron stock but tells investors not to buy it now. Cramers says that buying it now would be late and “idiotic.”

Cramer believes that therapeutics are “the way out of this virus” not vaccine, adding that people don’t believe in vaccines anymore because they believe that Trump corrupted the deal with the FDA.

Bristol Meyers Stock: Buy or Sell?

Bristol-Myers Squibb Co  (BMY) – Get Report. agreed on Monday to buy drugmaker MyoKardia Inc.  (MYOK) – Get Report, which makes the experimental heart treatment Mavacamten, for around $13.1 billion.

Bristol-Myers will

Stocks were rising on suggestions that President Donald Trump plans to leave the hospital Monday, and on optimism over a coronavirus relief package.

The Dow Jones Industrial Average gained 341 points, or 1.24%, to 28,024, the S&P 500 was up 1.29% and the Nasdaq rose 1.62%.

TheStreet’s Katherine Ross discussed breaking news in the stock market on Street Lightning. Cramer spoke about movie theater chain Regal, stock valuations and NYC shutdowns.

Regal Entertainment Suspends Operations

Cineworld Group’s Regal Entertainment Holdings said it will temporarily suspend operations at all its American and British movie theaters as crucial sales from expected fall and winter blockbuster movie releases like the next James Bond epic have been postponed by the coronavirus pandemic.

Cramer said it’s time to sell shares of Regal. “It’s sad and I feel the same way about AMC. I thought AMC could get their way out of this because they have got a better balance sheet and raised a lot of money. But these are not cruise ships which raised fortunes. I don’t think movies can (survive) because they are much less capitalized,” Cramer explained.

Shares of  (AMC) – Get Report were down 10.43% on Monday.

Stock Valuations Linked to Politics and Covid-19

Cramer said that the individual stock has so little to do with the actual fundamentals in terms of valuing them. The P/E is directly related to politics and related to the coronavirus disease. “So, if you’re not trying to work on the disease or the testing and medicines that are needed and you’re not paying attention to the President and the stimulus and Speaker Pelosi then all you’re doing is trying to figure out what a company might be worth in the abstract. And that is valueless,” Cramer explained.

NYC Shutdowns Cause For Concern

The number