The stock market runs on cycles. When you have this many running at once, the averages tend to be pretty darn resilient, the Mad Money host said, shortly after the S&P 500 and Dow Jones Industrial Average both closed lower by 0.2%. That s why I think you need to keep buying the dips. There s just too much to like.
While he said the Federal Reserve will eventually adjust its highly accommodative monetary policy, Cramer contended there is a stampede of smaller bull cases to support the market until central bank action is a more imminent threat.
Chief among them is the robust reopening of the economy this summer as Covid vaccinations allow for more activity, Cramer said. In addition to seeing more upside in cruise and casino stocks, Cramer expressed optimism around theme-park operators such as Disney and Cedar Fair.
The stock market runs on cycles. When you have this many running at once, the averages tend to be pretty darn resilient, the Mad Money host said, shortly after the S&P 500 and Dow Jones Industrial Average both closed lower by 0.2%. That s why I think you need to keep buying the dips. There s just too much to like.
While he said the Federal Reserve will eventually adjust its highly accommodative monetary policy, Cramer contended there is a stampede of smaller bull cases to support the market until central bank action is a more imminent threat.
Chief among them is the robust reopening of the economy this summer as Covid vaccinations allow for more activity, Cramer said. In addition to seeing more upside in cruise and casino stocks, Cramer expressed optimism around theme-park operators such as Disney and Cedar Fair.
The stock market runs on cycles. When you have this many running at once, the averages tend to be pretty darn resilient, the Mad Money host said, shortly after the S&P 500 and Dow Jones Industrial Average both closed lower by 0.2%. That s why I think you need to keep buying the dips. There s just too much to like.
While he said the Federal Reserve will eventually adjust its highly accommodative monetary policy, Cramer contended there is a stampede of smaller bull cases to support the market until central bank action is a more imminent threat.
Chief among them is the robust reopening of the economy this summer as Covid vaccinations allow for more activity, Cramer said. In addition to seeing more upside in cruise and casino stocks, Cramer expressed optimism around theme-park operators such as Disney and Cedar Fair.
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With the price of steel booming, a more than 100-year-old steel manufacturer is going public in a SPAC merger.
The SPAC Deal: Algoma Steel is going public in a SPAC merger with
Legato Merger Corp (NASDAQ: LEGO) valuing the company at an enterprise value of $1.7 billion.
The deal values Algoma Steel at 1.9x estimated adjusted EBITDA of $901 million.
Algoma Steel also plans to list on the Toronto Stock Exchange after the merger is completed.
Current Legato Merger Corp shareholders will own 19% of Algoma Steel after the merger is complete.
About Algoma Steel: Founded in 1902, Algoma Steel is a manufacturer of hot and cold steel products. The company produces advanced grades of steel for industries such as automotive, shipbuilding, energy, mining, defense and manufacturing.
The report provides exhaustive analysis of the factors affecting Advanced High-Strength Steel market from both demand and supply side, as well as evaluating future trends. The PEST Analysis for all five regions (North America, Europe, APAC, MEA and South & Central America) is given after taking into account political economic social technological aspects that affect this industry in these areas.
The international key market is on the rise, with recent studies examining its characteristics and inadequacies. The report also offers an in-depth examination of new consolidations, financial backers, acquisitions and partners that will heavily affect this rapidly changing business space over the next few years. External factors such as economic conditions are covered to provide a full picture of how these developments may impact future markets for global keys.