Cramer Calls Carl Icahn's IEP 'Too Dangerous For Me,' Says He Wants 'To See More Information'
Portfolio Pulse from Lisa Levin
Jim Cramer, on CNBC's 'Mad Money Lightning Round,' called Luminar Technologies (LUMN) and Icahn Enterprises (IEP) 'too dangerous' and 'very risky.' He also commented on Verizon Communications (VZ), stating that its 7% yield makes the payout questionable.
June 21, 2023 | 12:21 pm
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NEUTRAL IMPACT
Jim Cramer said Verizon Communications' 7% yield is concerning, making the payout questionable, but he thinks investors can hold the stock.
Cramer's concerns about Verizon's 7% yield may cause some uncertainty among investors, but his suggestion to hold the stock indicates a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Jim Cramer said Icahn Enterprises is 'too dangerous' and he wants 'to see more information' before making a decision.
Cramer's negative view on Icahn Enterprises may lead to short-term downward pressure on the stock price, as investors may perceive the stock as too risky and wait for more information.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Jim Cramer called Luminar Technologies 'very risky' and 'too dangerous,' stating that the company is not making any money.
Jim Cramer's negative comments on Luminar Technologies may cause short-term downward pressure on the stock price, as investors may perceive the stock as too risky and avoid it.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100