Jim Cramer: Hold This Entertainment Stock — It's 'Worth A Tremendous Amount Of Money'
Portfolio Pulse from Lisa Levin
Jim Cramer, on CNBC's 'Mad Money Lightning Round', recommended selling Plug Power Inc. (PLUG) if it bounces, and not recommending Enovix Corporation (ENVX) unless they're profitable. He advised holding Live Nation Entertainment, Inc. (LYV) as it's worth a lot, and not selling Vertiv Holdings Co (VRT) as there's more to be made. Vertiv shares jumped 29.3%, Live Nation fell 1.3%, Enovix fell 10.1%, and Plug Power lost 8.7% on Wednesday.
August 04, 2023 | 1:21 pm
News sentiment analysis
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NEGATIVE IMPACT
Jim Cramer is not recommending Enovix Corporation unless they're making money. The stock fell 10.1% on Wednesday.
Jim Cramer's lack of recommendation unless the company is profitable, along with the recent 10.1% loss, could lead to a negative short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Jim Cramer recommended selling Plug Power Inc. if it bounces. The stock lost 8.7% on Wednesday.
Jim Cramer's recommendation to sell the stock if it bounces, combined with the recent 8.7% loss, could lead to a negative short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Jim Cramer recommended holding Live Nation Entertainment, Inc. The stock fell 1.3% on Wednesday.
Jim Cramer's recommendation to hold the stock, despite the recent 1.3% loss, suggests a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Jim Cramer recommended not selling Vertiv Holdings Co. The stock jumped 29.3% on Wednesday.
Jim Cramer's recommendation to not sell the stock, combined with the recent 29.3% jump, could lead to a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100