Cramer Is Still Bullish On AI Company Up 155% YTD: 'I Remain A Buyer'
Portfolio Pulse from Lisa Levin
Jim Cramer, host of CNBC's 'Mad Money Lightning Round', expressed his views on several companies. He endorsed Rambus Inc. (RMBS), despite its slow progress, and remained bullish on Palantir Technologies Inc. (PLTR) following a strong quarter. He also spoke positively about Commercial Metals Company (CMC), ranking it second only to Nucor Corporation (NUE) in the metal recycling business. Lastly, he referred to Coherus BioSciences, Inc. (CHRS) as a 'good spec'.
July 11, 2023 | 1:06 pm
News sentiment analysis
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NEUTRAL IMPACT
Jim Cramer endorsed Rambus Inc. despite its slow progress.
Cramer's endorsement could potentially attract investors, but the company's slow progress might deter some. Hence, the impact on the stock price is neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Jim Cramer referred to Coherus BioSciences, Inc. as a 'good spec'.
Cramer's comment could attract speculative investors and drive the stock price up in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Jim Cramer spoke positively about Commercial Metals Company, ranking it second only to Nucor Corporation in the metal recycling business.
Cramer's positive comments and high ranking could attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Jim Cramer ranked Nucor Corporation as the top company in the metal recycling business.
Cramer's high ranking could attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Jim Cramer remains bullish on Palantir Technologies Inc. following a strong quarter.
Cramer's bullish stance, combined with the company's strong quarterly performance, could attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90