Cramer Explains Why This AI Lending Platform Is 'A Little Too Risky For Me'
Portfolio Pulse from Priya Nigam
Jim Cramer, on CNBC's 'Mad Money Lightning Round', expressed his views on several stocks. He finds Upstart Holdings (UPST) too risky as it's losing money. He declined to recommend Altria Group (MO) due to personal reasons. He's not convinced about NextEra Energy (NEE). He's in favor of owning SoFi Technologies (SOFI) stock, but not trading it. SoFi gained 2.6%, NextEra lost 4.1%, Altria gained 1.3%, and Upstart rose 2.7% on Wednesday.
October 05, 2023 | 12:31 pm
News sentiment analysis
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NEGATIVE IMPACT
Jim Cramer declined to recommend Altria Group due to personal reasons. The stock gained 1.3% on Wednesday.
Cramer's refusal to recommend MO could potentially influence investors to avoid the stock, leading to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Jim Cramer is not convinced about NextEra Energy. The stock lost 4.1% on Wednesday.
Cramer's lack of conviction in NEE could potentially influence investors to sell, leading to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Jim Cramer finds Upstart Holdings too risky as it's losing money. The stock rose 2.7% on Wednesday.
Cramer's negative view on UPST due to its financial losses could potentially influence investors to sell, leading to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Jim Cramer is in favor of owning SoFi Technologies stock, but not trading it. The stock gained 2.6% on Wednesday.
Cramer's positive view on owning SOFI could potentially influence investors to buy and hold the stock, leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100