The shares mixed on Friday after a sale that sank both shares and treasuries.
Katherine Ross and Jim Cramer of TheStreet discussed the latest news on the stock market. Cramer talked about Twitter shares, the Fisker-Foxconn deal and markets on Friday.
Twitter: Buy or Sell?
Twitter (TWTR) – Get the report shares rose Friday after Goldman Sachs (GS) – Get the report Analyst Heath Terry raised the stock price target for the social media platform following Thursday’s presentation of Twitter’s bullish investment.
The company predicted that it would double its annual revenue by the end of 2023 and increase its user base to 315 million daily active users.
Cramer said yesterday that Twitter had reached its all-time high and was considering buying shares of Action Alerts PLUS.
Fisker: Do you want to buy or sell?
Fisker shares (FSR) – Get the report increased Wednesday after the electric vehicle maker said it signed an agreement to manufacture a new vehicle with Taiwanese electronics contract maker Foxconn.
Cramer said Fisker offers the best design and offers people the cars they really want. “Fisker has key car assemblers like Magna (MGA) – Get the report and now Foxconn and they make cars as beautiful as Telsa (TSLA) – Get the report, may be superior in some ways to Tesla, but much cheaper than Tesla “.
Markets Friday
Cramer said that as the implementation of the vaccine expands, something needs to be done at interest rates so that rates are not taken to zero when a pandemic starts and then they stay there when the pandemic ends. .
None of this is one of Jim Cramer’s keys Action Alerts PLUS club member. Would you like to receive a notification before Jim Cramer buys or sells the shares? More information now.