Shares were mixed on Friday after a sell-off that sank both stocks and government bonds.
Katherine Ross and Jim Cramer from TheStreet discussed the latest stock market news. Cramer spoke about Twitter’s stock, the Fisker-Foxconn deal and the markets on Friday.
Twitter: buy or sell?
Twitter TWTR) – Request report stocks rose Friday after Goldman Sachs GS) – Request report analyst Heath Terry raised his price target for the social media platform after Twitter’s bullish investor day presentation on Thursday.
The company predicted it would double its annual revenue by the end of 2023 and expand its user base to 315 million daily active users.
Cramer said Twitter hit its all-time high yesterday and was considering buying the stock for Action Alerts PLUS.
Fisker: buy or sell?
Shares of Fisker FSR) – Request report rose Wednesday after the electric carmaker said it signed a deal to make a new vehicle with Taiwanese electronic contract manufacturer Foxconn.
Cramer said Fisker offers the best design and gives people cars they really want. “Fisker has important auto assemblers such as Magna MGA) – Request report and now Foxconn and they make cars as beautiful as Telsa TSLA) – Request report, can be superior to Tesla in some ways, but much cheaper than Tesla. “
Markets on Friday
Cramer said that as the vaccine rollout spreads, something needs to be done about interest rates because you don’t bring the rates to zero when a pandemic starts and then keep them there when the pandemic ends.
None of these are key positions in Jim Cramer’s Action Alerts PLUS member clubWant to be informed before Jim Cramer buys or sells the stock? Read more now.