Jim Cramer Says Buy Largest IPO Of 2023 Now, And Buy Some More 'Below 50'
Portfolio Pulse from Lisa Levin
Jim Cramer, on CNBC’s 'Mad Money Lightning Round', recommended buying shares of Arm Holdings plc, Astronics Corporation, GE HealthCare Technologies Inc., and Marvell Technology, Inc. He expressed concerns about Verizon Communications Inc. Shares of all mentioned companies experienced gains on Thursday.
September 29, 2023 | 1:51 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Jim Cramer recommends buying shares of Arm Holdings plc, which recently had the year's largest IPO. The company's shares gained 4.7% on Thursday.
Jim Cramer's recommendation to buy shares of Arm Holdings plc, coupled with the company's recent successful IPO, is likely to increase investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Jim Cramer recommends buying shares of GE HealthCare Technologies Inc., predicting the stock is headed to 75. The company's shares gained 2.2% on Thursday.
Jim Cramer's recommendation to buy shares of GE HealthCare Technologies Inc., along with his positive price prediction, is likely to increase investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Jim Cramer recommends buying shares of Marvell Technology, Inc., praising the company's leadership and product. The company's shares gained 2.8% on Thursday.
Jim Cramer's recommendation to buy shares of Marvell Technology, Inc., along with his praise for the company's leadership and product, is likely to increase investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Jim Cramer recommends holding onto shares of Astronics Corporation, despite current challenges in the aerospace sector. The company's shares gained 1.3% on Thursday.
Jim Cramer's recommendation to hold onto shares of Astronics Corporation, despite current challenges in the aerospace sector, suggests a neutral short-term impact on the stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer expressed concerns about Verizon Communications Inc., suggesting the company has not been well-run. The company's shares gained 0.5% on Thursday.
Jim Cramer's negative comments about Verizon Communications Inc., suggesting the company has not been well-run, could decrease investor confidence and potentially drive the stock price down in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80