Jim Cramer Writes Off Entire Telco, Wireless Industry: 'It's Such A Shame'
Portfolio Pulse from Priya Nigam
Jim Cramer, host of CNBC's 'Mad Money Lightning Round', shared his views on several companies. He praised Carpenter Technology Corporation (CRS), Coterra Energy Inc. (CTRA), and Watsco, Inc. (WSO) as good companies, and suggested investors to consider buying SoFi Technologies, Inc. (SOFI). He was less positive about Golar LNG Limited (GLNG) and Aehr Test Systems (AEHR), and expressed negative views on the telco and wireless industry, specifically mentioning Harmonic (HLIT).
September 22, 2023 | 12:23 pm
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POSITIVE IMPACT
Jim Cramer praised Carpenter Technology Corporation as a very good company.
Positive comments from a well-known market analyst like Jim Cramer can boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Jim Cramer recommended Coterra Energy Inc. for investors interested in LNG.
Jim Cramer's recommendation can increase investor interest in Coterra Energy, potentially leading to a short-term increase in its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Jim Cramer suggested investors to consider buying SoFi Technologies, Inc.
Jim Cramer's positive comments can increase investor interest in SoFi Technologies, potentially leading to a short-term increase in its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Jim Cramer praised Watsco, Inc. as a very good company.
Positive comments from Jim Cramer can boost investor confidence in Watsco, potentially leading to a short-term increase in its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer was less positive about Aehr Test Systems.
Jim Cramer's less positive comments can decrease investor interest in Aehr Test Systems, potentially leading to a short-term decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer was less positive about Golar LNG Limited.
Jim Cramer's less positive comments can decrease investor interest in Golar LNG, potentially leading to a short-term decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer expressed negative views on the telco and wireless industry, specifically mentioning Harmonic.
Jim Cramer's negative comments can decrease investor interest in Harmonic, potentially leading to a short-term decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80