Jim Cramer on AMD ((()AMD) – Get the report Buyback, Cisco ((()CSCO) – Get the report After the merit, Ford ((()F.) – Get the report The following video will be streamed live at 10:30 AM EST, including the new F-150 and Bitcoin regulations.
There are two investor camps
Jim Cramer told Mad Money viewers on Wednesday that it’s always great when investors do their homework and logically reward each other and reward themselves with big profits. Scott Advice from TheStreet wrote him Flirt Wrap Up ..
“Mr. Kramer said there was no need to worry about the ongoing collapse in meme stocks. Investors should continue to diversify into profitable companies,” he continued. “Currently the exchange is made up of two camps. The first camp has speculators who make big bets on meme stocks and cryptocurrencies. “
How about Cisco?
Cisco reported non-GAAP earnings of 83 cents per share. In the last completion period, a turnover of 12.8 billion US dollars was achieved. Based on a FactSet poll of 27 analysts, Cisco expected sales of $ 12.6 billion and earnings of 82 cents per share. For the same period last year, the company had sales of $ 12 billion and sales of 79 cents per share.
CEO Chuck Robbins said: In a statement from Cisco.
“For his final” Executive Decision “segment, Kramer … checked into Robins,” Rat wrote.
“Revenue and earnings per share increased 10% for the quarter, according to Robins, the fastest growth the company has seen in 10 years,” he continued. It was. “When asked about their request, Robins said the company is currently investing because it is preparing both a return to the office and a hybrid work environment for many employees. -Design silicon. “
AMD has announced that it will buy back up to $ 4 billion worth of shares.
The company expects to fund the buyback with cash generated from the deal. [has] It was bolstered by the company’s good performance. “
“Today’s announcement reflects AMD’s confidence in its business and the success of its multi-year growth strategy,” said CEO Lisa Su in a statement. Capital to the shareholders. “
Listen as Jim Cramer tells about the Action Alert Plus Investment Club just to his members.
LIVE: Jim Cramer at Bitcoin, Meme Stocks, AMD, Cisco, Ford Source Link LIVE: Jim Cramer at Bitcoin, Meme Stocks, AMD, Cisco, Ford