Amazon stock fell Monday on reports the e-commerce leader is planning to lay off thousands of workers in a cost-cutting move. Read More...
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‘Hold Fire,’ Says Jim Cramer on These 3 ‘Strong Buy’ Stocks
After last week’s better-than-expected October inflation data, stocks saw broad gains. The tech-heavy NASDAQ led the way with a jump of 7.67%, and the S&P 500 was more than 5% up at the end of the week. Gains like that can spread out, and cloud stocks were among the NASDAQ’s best performers. Jim Cramer, the well-known host of CNBC’s ‘Mad Money’ program, points out that this sharp rally gives investors a chance to clear the chaff out of their cloud stock portfolios and focus on high-quality names
