Jim Cramer Says This Oilfield Services Giant Reported A 'Remarkable' Quarter: 'I Would Buy Some Here And Buy Some A Little Bit Lower'
Portfolio Pulse from Lisa Levin
Jim Cramer, on CNBC’s 'Mad Money Lightning Round', gave his views on several stocks. He suggested waiting for Rivian Automotive's second financing before investing, advised waiting until Public Storage drops to $200 before buying, and praised Schlumberger's 'remarkable' quarter. He warned that Aehr Test Systems is expensive and that the market is divorcing from fundamentals. He also suggested buying The Trade Desk, but waiting until it drops further, and dismissed Hawaiian Electric Industries as a speculative play.
October 26, 2023 | 1:26 pm
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POSITIVE IMPACT
Jim Cramer praised Schlumberger's 'remarkable' quarter.
Cramer's comments suggest he believes Schlumberger's strong quarter could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer warned that Aehr Test Systems is expensive and that the market is divorcing from fundamentals.
Cramer's comments suggest he believes Aehr Test Systems' stock price could drop in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer dismissed Hawaiian Electric Industries as a speculative play.
Cramer's comments suggest he believes Hawaiian Electric Industries' stock price could drop in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer advises waiting until Public Storage drops to $200 before buying.
Cramer's comments suggest he believes Public Storage's stock price could drop in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer suggests waiting for Rivian Automotive's second financing before investing due to the company's losses.
Cramer's comments suggest he believes Rivian's financial situation could negatively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer suggested buying The Trade Desk, but waiting until it drops further.
Cramer's comments suggest he believes The Trade Desk's stock price could drop in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80