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Headwinds and Tailwinds: Cramer's 'Mad Money' Recap (Tuesday 10/2/18) [TheStreet.com]

Garrett Motion, Inc (GTX)  More Company Research Source: TheStreet.com
Last garrett motion, inc earnings: 7/30 07:00 am Check Earnings Report
PDF Headwinds and Tailwinds: Cramer's 'Mad Money' Recap (Tuesday 10/2/18) You'll need a lot more than a weatherman to pick winning stocks, Jim Cramer told his Mad Money viewers Tuesday, but it always helps to know which way the winds are blowing. That's because in this market, stocks are being buffeted by both headwinds and tailwinds -- often at the same time. Case in point, today's earnings from Pepsico ( PEP ) , which were widely panned for a five-cent cut in the company's forecasts. But Cramer noted that the weakness stemmed from a strong dollar, not from weak demand for Pepsi's products. That means the weakness is only temporary, not systemic. Add to that rising aluminum prices, which can be offset by switching to plastics, and rising labor costs which can eventually be offset by self-driving vehicles, and Cramer concluded Pepsico is still a buy. Then there's today's announcement that Amazon ( AMZN ) raised its minimum wage to $15 an hour. Cramer said that may be great [Read more]
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