Jim Cramer Urges Caution On China Investments: Only Recommends Alibaba; 'I'm Not That Keen On Owning Chinese Stocks'
Portfolio Pulse from Priya Nigam
Jim Cramer, host of CNBC's 'Mad Money Lightning Round', shared his views on several stocks. He recommended buying Public Storage (PSA) and Wingstop Inc. (WING), but was not keen on RingCentral, Inc. (RNG) and The Scotts Miracle-Gro Company (SMG). He expressed caution on Chinese stocks, only recommending Alibaba Group Holding Limited (BABA). He admitted overlooking Autodesk, Inc. (ADSK). He was unsure about Primoris Services Corporation (PRIM) and NetEase, Inc. (NTES).
August 11, 2023 | 12:46 pm
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POSITIVE IMPACT
Jim Cramer recommended Alibaba Group Holding Limited (BABA) among Chinese stocks.
Jim Cramer's recommendation to buy BABA could lead to increased investor interest and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Jim Cramer recommended buying Public Storage (PSA).
Jim Cramer's recommendation to buy PSA could lead to increased investor interest and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Jim Cramer recommended buying Wingstop Inc. (WING).
Jim Cramer's recommendation to buy WING could lead to increased investor interest and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Jim Cramer admitted overlooking Autodesk, Inc. (ADSK).
Jim Cramer's admission of overlooking ADSK could lead to increased investor scrutiny but it's unclear how it will affect the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Jim Cramer was unsure about NetEase, Inc. (NTES).
Jim Cramer's uncertainty about NTES could lead to increased investor scrutiny but it's unclear how it will affect the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Jim Cramer was unsure about Primoris Services Corporation (PRIM).
Jim Cramer's uncertainty about PRIM could lead to increased investor scrutiny but it's unclear how it will affect the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Jim Cramer was not keen on RingCentral, Inc. (RNG).
Jim Cramer's negative view on RNG could lead to decreased investor interest and potentially a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Jim Cramer was not keen on The Scotts Miracle-Gro Company (SMG).
Jim Cramer's negative view on SMG could lead to decreased investor interest and potentially a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100