Posts Tagged ‘jc pennys’

The Dow Jones industrial average finished the week strong, gaining 113 points on Friday to close at 9,370. Better than expected jobs data helped lift the broader market, with the national unemployment rate actually falling slightly to 9.4% in July. Some of the day’s big gainers were retail stocks that got a big lift from Jim Cramer’s comments on Thursday nights Mad Money show. Full story

Shares of Wynn Resorts spiked up 13.3% after a very positive recommendation from Mr. Cramer. "Wynn Resorts is a $70 stock masquerading as a $50 stock", said Cramer. Evidently investors took that advice to heart as the stock closed at $58, well on its way to Cramer’s $70 price target. Full story