Finance

Cramer's 7 Deadly Investing Sins: Sin No. 7…

Action Alerts PLUS portfolio manager Jim Cramer sees a fundamental shift in investment cash flows happening, as investors rotate toward stocks with lower price-to-earnings multiples and away from stocks with higher ones. As Cramer always says, good stock picking is all about avoiding mistakes, and the mistakes investors tend to make can be boiled down into Jim Cramer's 7 Deadly Sins. The seventh of those sins is ignoring Millennial money managers. In particular the Millennials are concerned about impact investing, Cramer told AAP call members. "These days if you do not take into account the desire of your co-shareholders to sell the stocks you own because of environmental and social issues, then you will be blindsided by their exiting," he said. It's now an instinctive issue for young money managers, Cramer said. "If the company pollutes, if it isn't committed to being a stakeholder of the Earth, then it might be a candidate for selling, even if it is doing well." So now impact per share is important, just as earnings per share are. "I think it's time we all heed such imperatives and be careful to include these concerns in our calculus of what stocks to buy," Cramer said. "Heaven knows you don't need your co-shareholders to turn into your enemies overnight." Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below

Tesla's stock soars after company posts…

Tesla delivers pleasant surprise with third-quarter profit, raising investor hopes the company has finally turned corner

In owners' divorces, businesses can become part…

When a small business owner divorces, the company can become part of a property fight; the battle can end with owners losing all or part of their businesses or being forced to take on debt to prevent an ex from sharing ownership

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Zuckerberg defends Facebook's currency plans…

Facebook CEO Mark Zuckerberg has endured hours of prickly questioning from lawmakers as he defended the company's new globally ambitious project to create a digital currency while also dealing with widening scrutiny from U.S. regulators

Lawyers advise business owners to create buy-sell agreements

Attorneys and accountants advise business co-owners to be prudent and create buy-sell agreements

J&J sets aside $4 billion for proposed opioid settlement

Johnson & Johnson says it's set aside $4 billion to contribute to a proposed multistate agreement to settle opioid litigation, a charge that slashes its recently reported financial results

Edmunds: The worst financial mistake a car buyer…

Car buyers would be better served by spending more time researching the vehicle itself than prices to save money

California utility begins another blackout amid…

Lights went out across large portions of Northern California, as the state's largest utility began its second massive blackout in two weeks, citing the return of dangerous fire weather

Ford 3Q profit falls nearly 60% on restructuring…

Ford Motor Co.'s third-quarter net income tumbled nearly 60% as the company took $1.5 billion in charges mainly for restructuring, and Chinese and U.S. sales fell

FDA wants stronger warning on breast implants…

FDA wants breast implant makers to add stronger warning for patients about complications

Microsoft racks up more cloud customers

Microsoft on Wednesday reported fiscal first-quarter profit of $10.68 billion, buoyed by another round of business customers signing up for its cloud computing services

Pennsylvania's gas politics churn as Trump…

President Donald Trump is promoting his support for the natural gas industry, making clear in a Pennsylvania speech that he sees his pro-industry policies as a boost to his chances of winning the battleground state

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Official: Solving wild horse problem will take…

Acting Bureau of Land Management Director William Perry Pendley says it will to take $5 billion and 15 years to get the population of wild horses under control on federal lands in the West

Biden: Trump has 'no idea' about working-class…

Joe Biden is casting President Donald Trump as a fraudulent populist whose tax policies, economic stewardship and erratic leadership have hurt U.S. workers and betrayed voters in the battleground state of Pennsylvania

Slowing global growth hits Caterpillar in 3Q

Squeeze is on at Caterpillar, which cut its outlook for the year after dealers slashed inventories.

How major US stock indexes fared Wednesday

A late wave of buying left stocks modestly higher on Wall Street after a day of bobbing between small gains and losses

Markets Right Now: Stocks edge closer to record highs

A late wave of buying left stocks modestly higher on Wall Street after a day of bobbing between small gains and losses.

Little movement on Foxconn 'innovation centers' in Wisconsin

Foxconn Technology Group promised to make a splash in Wisconsin beyond a massive manufacturing facility in the southeast part of the state, but there's little evidence that plans to build the so-called "innovation centers" are moving forward

Google claims breakthrough in blazingly fast…

Google says it has achieved a breakthrough in blazingly fast quantum computing

PolyMet opponents ask appeals court to overturn…

The Minnesota Court of Appeals is deciding whether to grant requests by opponents of the proposed PolyMet copper-nickel mine to cancel two of its most important permits and order further proceedings

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Is boom, then slump, behind fiery Latin American…

From Chile to Haiti to Ecuador to Bolivia, the countries hit by fiery protests in recent weeks have lived through often-dizzying commodity-driven growth in the first decade of this century, followed in most cases by a slump

Trudeau: Climate and pipeline are priorities after election

A newly reelected Prime Minister Justin Trudeau says Canadians want him to fight climate change, but he says building an oil pipeline his government bought remains a priority

Lebanon protests receive backing from religious leaders

Anti-government rallies have received major support from the country's Christian and Muslim leaders who described the weeklong protests as "a historic and exceptional popular uprising" against corruption and mismanagement