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Investors should keep their "eyes on the prize," but avoid large stock purchases at current levels because there is still plenty of room for "more ugly headlines," Jim Cramer said on Thursday.Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter.Business Tools Investors should avoid any temptation to "buy sizably" with the market trading near multi-year lows, Cramer said on "Mad Money." The unfortunate reality is the coronavirus pandemic "may just be getting started" and investors should focus on companies that can thrive in the current environment.Businesses need to continue working and as it turns out many people are realizing that operating from home isn't all that bad. In fact, all the commuting to and from work and the associated carbon emissions has proven to be "unnecessary for millions of people."Two big winners from this trend include Cisco Systems,...
Financial firms should be on the lookout for potential market manipulation as the spike in volatility and volumes driven by coronavirus concerns could embolden traders with bad intentions looking to "hide amongst the noise," Nasdaq Inc said on Friday. The U.S. stock market is on course for its worst month in three decades as fears of the severity of the pandemic have led to a massive sell-off, with the S&P 500 losing nearly 30%, or more than $8 trillion, in value since hitting a record closing high on Feb. 19. As volumes spike, so do the number of trading surveillance alerts at financial firms, but surveillance analysts need to be vigilant and not assume that the rise is just a normal response to the increased market activity, two Nasdaq executives said in a post on the exchange operator's website....
With its shares down more than 24% since January, is 3M (NYSE:MMM) stock a buy? The market maelstrom has made blue-chip names like this industrial conglomerate worth buying. A true "dividend aristocrat," the stock now sports a healthy 4.3% yield. But that's not all! Since the stock's valuation is reasonable, it gives investors a chance to own a high-quality stock at a fair price. Source: JPstock / Shutterstock.com The question is if the market has reached a bottom. Fear and uncertainty continue to plague investors. Even though markets may drop further, 3M is a defensive stock, so it could provide investors with a good opportunity.Let's dive in and see why MMM stock could be a buy at today's prices.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Why Consider MMM Stock Today?It makes sense for investors to be skeptical of 3M stock. As InvestorPlace columnist Tom Taulli noted in his...
LendingTree Chief Economist Tendayi Kapfidze joins Yahoo Finance’s On The Move to discuss how COVID-19 is leaving a drastic impact on the housing industry....
U.S. Lawmakers are being criticized after selling millions in stocks before the coronavirus outbreak hit U.S. markets. Yahoo Finance’s Jessica Smith joins the On The Move panel to break down the latest developments....
GSX Techedu (GSX, daily) has been remarkable in its resilience. Tried to break above downtrend today but got turned away, still holding above 50-day....
