Did Jim Cramer Say Buy Dover Corp (NYSE:DOV) Industrial Stock Before Rate Cuts? [Yahoo! Finance]
Dover Corporation (DOV)
Last dover corporation earnings: 4/21 06:30 am
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=85517&p=irol-irhome
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Source: Yahoo! Finance
Jim Cramer said in a latest program on CNBC that the NASDAQ has become an “annoying source of funds” for other indexes as mutual funds pull out of tech and growth stocks that would not benefit from rate cuts and funnel these funds into the companies that can “super-charge” their earnings amid the expected rate cuts in September. Cramer said that the decline of tech stocks could be “painful” for many because while these companies do not benefit from rate cuts, their earnings are still strong. Cramer said there are two kinds of companies that will benefit from rate cuts: the ones with cyclical businesses that thrive during rate cuts and those with high dividend yields. Cramer said that by the time the Fed would announce its first rate cuts, it would have been “too late” to buy the stocks that benefit from rate cuts. “You have to let them recharge, let them come down and then you can pull the trigger,” Cramer said. In a separate program a few days ago Jim Cramer specifically tal
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DOV
News
- Dover Operating Companies to Highlight Range of Innovative Technologies at Leading Convenience-Store and Retail-Fueling Trade ShowPR Newswire
- Dover Co. (NYSE: DOV) was upgraded by analysts at Wolfe Research to a "hold" rating.MarketBeat
- Caldera Introduces New Direct-to-Film Solution For Digital Textile PrintingPR Newswire
- Dover Corporation: Continued Portfolio Optimization [Seeking Alpha]Seeking Alpha
- Commercial Cooking Equipment Market to Reach $18.6 Billion, Globally, by 2034 at 2.9% CAGR: Allied Market Research [Yahoo! Finance]Yahoo! Finance
DOV
Earnings
- 7/25/24 - Beat
DOV
Sec Filings
- 9/10/24 - Form 4
- 9/6/24 - Form 144
- 9/4/24 - Form 4
- DOV's page on the SEC website