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M & A remains a hot topic of discussion, Especially since TheStreet's sister publication, TheDeal, held its 16th Annual Deal Economy Conference in New York on Thursday, featuring Jim Cramer and some of the world's top financial dealmakers.
Cramer has goals to watch for, although he is wary of transactions in 2019. Among his best redemption candidates for 2019, he points out New Relic (NEWR) , Tableau Software (THE DATA) and Splunk (SPLK) as software companies that are attractive. Cramer suggests that Veeva Systems become more familiar with the software (VEEV) , a cloud platform for healthcare companies, could also be of interest to Alphabet. (GOOGL) Google. In addition to software, Jim looks at everyday consumer goods and media where, in his view, agreements are also likely to occur given the headwinds of the industry that force consolidation.
Amazon continues to build new toys: While Cramer was busy projecting 2019 for the mergers and acquisitions world, Eric Jhonsa of TheStreet was digging into one of the companies behind the change that led them to consider merging: Amazon (AMZN) . Jhonsa talks about the evolution of Amazon Web Services (AWS) versus a host of announcements at the Amazon re: Invent conference this week. "A year ago, Andy Jassy, CEO of Amazon Web Services (AWS), said his company was developing its offerings based on customer requests and not those of their rivals," writes Jhonsa. "This client-centric state of mind seems very alive today." Jhonsa explains that AWS has unveiled dozens of new services that collectively solve many problems for customers and reinforce Amazon's action in a large number of cloud computing service areas, testifying to 39; a very strong interest of developers and a growth of use. These services include: AWS Outposts, a solution for deploying the hybrid cloud by enabling organizations to run AWS services on servers in their own data centers, and a host of new services to facilitate learning automatic. The services offered cover the full range of an AWS-optimized version of TensorFlow, which should make GPUs more efficient (typically Nvidia). (NVDA) ) when forming IA models, to a solution that simplifies the labeling of data during model formation. Learn more about the other items proposed by AWS below.
Markets today: Shares ended slightly lower on Thursday, November 29, after the rally fueled by the Federal Reserve as investors waited for the summit developments this weekend between Donald Trump and Chinese President Xi Jinping. The Dow Jones Industrial Average Index fell 27 points, or 0.1%, to 25,339, that of the S & P 500 by 0.22% and that of Nasdaq by 0.25%.
Alphabet and Amazon.com are stakes in Jim Cramer Action Alerts PLUS club member. Do you want to be alerted before Jim Cramer buys GOOGL or AMZN? Learn more now
This is an excerpt from "In case you missed it", a daily newsletter published by TheStreet. register here.
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