Jim Cramer: 'It's Just Not That Bad A Company,' As Stock Plummets Over 40% Post Earnings
Portfolio Pulse from Lisa Levin
Jim Cramer, on CNBC's 'Mad Money Lightning Round', expressed his views on several stocks. He appreciated the work of Martin Schroeter at Kyndryl Holdings Inc (KD) and recommended Realty Income Corp (O). He also commented on the 42% drop in Confluent Inc's (CFLT) shares post earnings, stating that the company isn't as bad as the drop suggests. He admitted needing to do more research on SiTime Corp (SITM).
November 03, 2023 | 12:55 pm
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POSITIVE IMPACT
Jim Cramer believes the 42% drop in Confluent Inc's shares post earnings is overdone, which could lead to a rebound.
Jim Cramer's comments could influence investors to reconsider the stock, potentially leading to a rebound in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Jim Cramer appreciates the work of Martin Schroeter at Kyndryl Holdings Inc, which could boost investor confidence.
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 80
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
Jim Cramer recommends Realty Income Corp, which could influence investors to buy the stock.
Jim Cramer's recommendation can influence investors to buy the stock, potentially driving the stock price up in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEUTRAL IMPACT
Jim Cramer admitted needing to do more research on SiTime Corp, indicating uncertainty about the stock.
Jim Cramer's comment indicates uncertainty about the stock, which could lead to mixed reactions from investors in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 75