The shares were mixed on Friday after a liquidation that sank both shares and Treasury bills.
TheStreet’s Katherine Ross and Jim Cramer discussed the latest stock market news. Cramer talked about Twitter shares, the Fisker-Foxconn business and the markets on Friday.
Twitter: buy or sell?
Twitter (TWTR) – Get report stocks soared Friday after Goldman Sachs (GS) – Get report analyst Heath Terry raised his share price target for the social media platform after Twitter’s optimistic investor day presentation on Thursday.
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 that Twitter reached its highest point yesterday and that he is considering buying shares in Action Alerts PLUS.
Fisker: Buy or sell?
Fisker shares (FSR) – Get report fired Wednesday after the electric carmaker said it had signed an agreement to make a new vehicle with Taiwanese electronics maker Foxconn.
Cramer said Fisker is offering the best design and giving people the cars they really want. “Fisker has major car makers like Magna (MGA) – Get report and now Foxconn and they make cars that are as beautiful as Telsa (TSLA) – Get report, may be superior in some respects to Tesla, but much cheaper than Tesla. “
Markets on Friday
Cramer said that as the vaccine’s release spreads, something needs to be done with interest rates because you don’t take rates to zero when a pandemic begins and then keep it that way when the pandemic ends.
None of these important holdings in Jim Cramer Member Club PLUS Action Alerts. Want to be notified before Jim Cramer buys or sells the stock? Find out more now.