Jim Cramer Says This EV Infrastructure Stock Is Losing Too Much Money: 'I Do Not Want To Touch It'
Portfolio Pulse from Lisa Levin
Jim Cramer, host of CNBC's 'Mad Money Lightning Round', expressed his views on several stocks. He mentioned that Opendoor Technologies is not making any money and he can't support it. He noted that money is moving from NextEra Energy to Constellation Energy Corp, but he expects this to reverse. He commented that CVS Health Corporation is fine but not great due to shrinkage and pilferage. He also mentioned that ChargePoint Holdings is losing too much money and he doesn't want to touch it. Lastly, he expressed his disinterest in Controladora Vuela Compañía de Aviación due to its big run and the retreat of most airlines.
August 16, 2023 | 12:24 pm
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NEUTRAL IMPACT
Jim Cramer commented that CVS Health Corporation is fine but not great due to shrinkage and pilferage.
Jim Cramer's comments suggest a neutral stance on CVS Health Corporation. His comments about the company being 'fine but not great' could potentially influence investor sentiment but are unlikely to have a significant impact on the stock's price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Jim Cramer noted that money is moving from NextEra Energy to Constellation Energy Corp, but he expects this to reverse.
Jim Cramer's comments suggest a neutral stance on NextEra Energy. While he noted money moving away from the company, he also expects this trend to reverse, indicating potential stability in the stock's price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Jim Cramer mentioned that ChargePoint Holdings is losing too much money and he doesn't want to touch it.
Jim Cramer's negative comments about ChargePoint Holdings' financial performance could potentially influence investors and lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Jim Cramer expressed his disapproval of Opendoor Technologies due to its lack of profitability.
Jim Cramer's negative comments about Opendoor Technologies' financial performance could potentially influence investors and lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Jim Cramer expressed his disinterest in Controladora Vuela Compañía de Aviación due to its big run and the retreat of most airlines.
Jim Cramer's negative comments about Controladora Vuela Compañía de Aviación could potentially influence investors and lead to a decrease in the stock's price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100