Jim Cramer: Avoid This Conglomerate — 'So Much Bad News Encapsulated The Stock'
Portfolio Pulse from Lisa Levin
Jim Cramer, on CNBC's 'Mad Money Lightning Round,' advised investors to avoid 3M Company (MMM) due to bad news and litigation risks. He was positive about Daktronics (DAKT), Arista Networks (ANET), and Skyworks Solutions (SWKS), noting their potential despite challenges. Cramer also spoke favorably about Martin Marietta Materials (MLM) and Vulcan Materials Company (VMC), suggesting either as a good choice. He mentioned that Arista and Cisco Systems (CSCO) can be mutually exclusive successful investments.
November 20, 2023 | 2:01 pm
News sentiment analysis
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NEGATIVE IMPACT
Jim Cramer advised avoiding 3M Company due to encapsulated bad news and ongoing litigation risks.
Cramer's negative outlook on 3M, especially mentioning litigation risks, could lead to a decrease in investor confidence and a potential short-term drop in stock price.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Cramer praised Arista Networks as a 'terrific networking company,' suggesting it can succeed alongside Cisco Systems.
Cramer's endorsement of Arista Networks as a strong investment could lead to positive investor sentiment and a possible short-term rise in its stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Cramer mentioned that Cisco Systems can be successful independently of Arista Networks, implying a positive outlook.
Cramer's comments may reassure investors that Cisco's success is not hindered by Arista's performance, potentially benefiting Cisco's stock in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Cramer sees potential in Daktronics, noting it's still below its past levels, indicating a positive outlook.
Cramer's positive mention could attract investor interest, potentially driving a short-term increase in Daktronics' stock price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Cramer is a fan of Martin Marietta Materials, comparing its performance favorably to Vulcan Materials.
Cramer's favorable comparison of Martin Marietta Materials to Vulcan Materials could influence investors positively, potentially leading to a short-term uptick in MLM's stock price.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
Cramer supports buying Skyworks Solutions now, anticipating strength in the cellphone market.
Cramer's encouragement to buy Skyworks Solutions ahead of expected strength in the cellphone market could drive a short-term positive impact on SWKS's stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Cramer mentioned Vulcan Materials as a good investment choice alongside Martin Marietta Materials.
Cramer's positive mention of Vulcan Materials, suggesting it as a good choice for investment, could lead to increased investor interest and a potential short-term increase in VMC's stock price.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 75