Jim Cramer Wants A Bitcoin ETF, But Doesn't Like A Company That Owns 'A Lot Of Cryptocurrencies'
Portfolio Pulse from Lisa Levin
Jim Cramer shared his views on several companies on CNBC's 'Mad Money Lightning Round'. He expressed concerns about Origin Materials and Orange S.A., predicted a tough year for Disney, praised Ferrari, and criticized Marathon Digital and Kraft Heinz. He also expressed a desire for a Bitcoin ETF.
July 07, 2023 | 12:47 pm
News sentiment analysis
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NEGATIVE IMPACT
Jim Cramer predicted a tough year for Disney, stating that the next two quarters will be very tough.
Cramer's negative outlook for Disney could negatively impact investor sentiment, potentially leading to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer criticized Kraft Heinz, stating that the company has some of the worst brands he has ever seen.
Cramer's negative comments about Kraft Heinz's brands could negatively impact investor sentiment, potentially leading to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer criticized Marathon Digital, stating that he would rather own Bitcoin or a Bitcoin ETF than companies that own a lot of cryptocurrencies.
Cramer's negative comments about Marathon Digital could negatively impact investor sentiment, potentially leading to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer expressed concerns about Origin Materials, stating the company doesn't make any money yet.
Cramer's negative comments about Origin Materials' lack of profitability could negatively impact investor sentiment, potentially leading to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Jim Cramer expressed worries about Orange S.A., but also mentioned he likes the idea longer term.
Cramer's mixed comments about Orange S.A. could lead to uncertainty among investors, potentially leading to neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Jim Cramer praised Ferrari, stating that the company is a 'true juggernaut' and has been great since it became public.
Cramer's positive comments about Ferrari could positively impact investor sentiment, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80