Jim Cramer Likes This Oil Giant Up Almost 28% In A Year — 'It Has Room To Grow'
Portfolio Pulse from Priya Nigam
Jim Cramer, on CNBC’s 'Mad Money Lightning Round,' recommended buying Caterpillar Inc. (CAT), Abercrombie & Fitch Co. (ANF), Exxon Mobil Corporation (XOM), and American Water Works Company, Inc. (AWK). He referred to Ardelyx, Inc. (ARDX) as a 'speculative stock' and advised against investing in fuboTV Inc. (FUBO).
October 02, 2023 | 12:34 pm
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POSITIVE IMPACT
Jim Cramer recommends buying Abercrombie & Fitch Co. despite his previous fears about the age group apparel.
Cramer's recommendation is based on his belief that Abercrombie & Fitch is a 'winner'. This could lead to increased investor interest, potentially driving up the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Jim Cramer recommends buying American Water Works Company, Inc. despite it being caught up in the maelstrom of higher rates.
Cramer's recommendation is based on his belief that American Water Works Company, Inc. is a good company. This could lead to increased investor interest, potentially driving up the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Jim Cramer recommends buying Caterpillar Inc. due to expected growth from infrastructure money.
Cramer's recommendation is based on the expected growth from infrastructure money. This could lead to increased demand for Caterpillar's products and services, potentially driving up the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Jim Cramer recommends buying Exxon Mobil Corporation, stating it has room to grow.
Cramer's recommendation is based on his belief that Exxon Mobil Corporation has room to grow. This could lead to increased investor interest, potentially driving up the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
Jim Cramer referred to Ardelyx, Inc. as a 'speculative stock'.
Cramer's comment about Ardelyx, Inc. being a 'speculative stock' could lead to increased volatility in the stock price.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Jim Cramer advised against investing in fuboTV Inc.
Cramer's negative comment about fuboTV Inc. could lead to decreased investor interest, potentially driving down the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90