Jim Cramer's Blunt Take On Icahn Enterprises: 'What A Mess'
Portfolio Pulse from Lisa Levin
Jim Cramer, host of CNBC's 'Mad Money Lightning Round', gave his opinions on several stocks. He recommended buying Marathon Oil Corporation (MRO), stating it's inexpensive. He found Enphase Energy (ENPH) cheap at its current price. He suggested owning some Barrick Gold Corporation (GOLD) as a form of insurance. He did not recommend Coherent Corp. (COHR) due to its lack of profitability. He advised staying away from Icahn Enterprises (IEP) due to its opaque nature.
August 23, 2023 | 12:18 pm
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NEGATIVE IMPACT
Jim Cramer did not recommend Coherent Corp. (COHR) due to its lack of profitability.
Jim Cramer's negative opinion on COHR due to its lack of profitability could potentially discourage investors, leading to a short-term decrease in its price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer advised staying away from Icahn Enterprises (IEP) due to its opaque nature.
Jim Cramer's advice to stay away from IEP due to its opaque nature could potentially discourage investors, leading to a short-term decrease in its price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Jim Cramer found Enphase Energy (ENPH) cheap at its current price.
Jim Cramer's statement that ENPH is cheap could potentially attract more investors to the stock, leading to a short-term increase in its price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Jim Cramer suggested owning some Barrick Gold Corporation (GOLD) as a form of insurance.
Jim Cramer's suggestion to own GOLD as a form of insurance could potentially attract more investors to the stock, leading to a short-term increase in its price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Jim Cramer recommended buying Marathon Oil Corporation (MRO), stating it's inexpensive.
Jim Cramer's recommendation to buy MRO due to its inexpensive nature could potentially drive more investors to the stock, leading to a short-term increase in its price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80