Cramer Says Buy This 'Magnificent 7' Tech Stock: A 'Monster Good Quarter... Hasn't Really Run'
Portfolio Pulse from Lisa Levin
Jim Cramer on CNBC's 'Mad Money Lightning Round' gave his opinions on several stocks. He praised Applied Materials (AMAT) and Alphabet (GOOGL) for their strong quarterly results and recommended buying them. He also spoke positively about Tutor Perini Corporation (TPC) and Huntington Bancshares (HBAN). However, he criticized TELUS International (TIXT) and Rocket Lab USA (RKLB), and advised against buying NIO Inc. (NIO) due to its Chinese origin. He expressed discomfort with the high yield of Medical Properties Trust (MPW).
August 22, 2023 | 12:26 pm
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NEGATIVE IMPACT
Jim Cramer expressed discomfort with the high yield of Medical Properties Trust.
Jim Cramer's negative comments could lead to decreased investor interest and a potential short-term decrease in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer advised against buying NIO Inc. due to its Chinese origin.
Jim Cramer's negative comments could lead to decreased investor interest and a potential short-term decrease in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer criticized Rocket Lab USA and advised against buying the stock.
Jim Cramer's negative comments could lead to decreased investor interest and a potential short-term decrease in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer criticized TELUS International and advised against buying the stock.
Jim Cramer's negative comments could lead to decreased investor interest and a potential short-term decrease in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Jim Cramer did not give a clear recommendation on Rivian Automotive.
Jim Cramer's lack of a clear recommendation could lead to uncertainty among investors and a potential short-term neutral impact on the stock price.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Jim Cramer praised Applied Materials for its strong quarterly results and recommended buying the stock.
Jim Cramer's positive comments and recommendation to buy the stock could lead to increased investor interest and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Jim Cramer praised Alphabet for its strong quarterly results and recommended buying the stock.
Jim Cramer's positive comments and recommendation to buy the stock could lead to increased investor interest and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Jim Cramer spoke positively about Huntington Bancshares.
Jim Cramer's positive comments could lead to increased investor interest and a potential short-term increase in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Jim Cramer spoke positively about Tutor Perini Corporation.
Jim Cramer's positive comments could lead to increased investor interest and a potential short-term increase in the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80