Cramer On Carnival Stock: 'Pay Close Attention'
Portfolio Pulse from Benzinga Newsbot
CNBC's Jim Cramer discussed the shift from goods to services in the post-pandemic world, highlighting the importance of monitoring companies like Carnival Corporation (CCL) and Walgreens Boots Alliance (WBA). He emphasized the significance of Carnival's upcoming announcements and expressed concerns about Walgreens.
June 23, 2023 | 1:42 am
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POSITIVE IMPACT
Jim Cramer emphasized the significance of Carnival's upcoming announcements, as the company was once considered a COVID-19 hotspot.
Cramer's emphasis on Carnival's upcoming announcements suggests that positive news could boost the stock price. The company's recovery from being a COVID-19 hotspot and the ongoing travel and entertainment boom could contribute to a positive short-term impact.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer expressed concerns about Walgreens, stating that the stock has been horrible and is so hated that it could bounce even with a 6% yield.
Cramer's concerns about Walgreens suggest that the stock may face short-term challenges. The negative sentiment surrounding the stock and its 6% yield could lead to downward pressure on the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80