Jim Cramer Calls Major Automaker Stock A 'Wait And See Situation' — 'I Want To See The Quarter'
Portfolio Pulse from Lisa Levin
Jim Cramer, on CNBC's 'Mad Money Lightning Round,' expressed his views on several stocks. He recommended passing on Grab Holdings Limited (GRAB) due to its significant losses and was not in favor of BILL Holdings, Inc. (BILL) as he finds the service overpriced. Cramer acknowledged Academy Sports and Outdoors, Inc. (ASO) is undervalued but is stereotyped as a gun stock. He is adopting a 'wait and see' approach for Ford Motor Company (F) until the next quarterly results. Cramer praised Intel Corporation (INTL) for performing well and did not recommend selling it. He expressed uncertainty about Ready Capital Corporation (RC) and refrained from recommending it. The mentioned stocks experienced various price movements during Tuesday's session.
November 22, 2023 | 2:18 pm
News sentiment analysis
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NEGATIVE IMPACT
BILL Holdings, Inc. was not recommended by Jim Cramer, who believes the service is overpriced compared to competitors.
Cramer's opinion that BILL's service is overpriced could discourage investors, potentially leading to a negative impact on the stock's short-term performance.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer advised against investing in Grab Holdings Limited due to its significant losses.
Cramer's negative comments on GRAB's financial performance could lead to a bearish sentiment among investors, potentially impacting the stock price negatively in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jim Cramer is unable to recommend Ready Capital Corporation as he cannot determine what is in the company's portfolio.
Cramer's uncertainty about Ready Capital's holdings could lead to investor skepticism, potentially affecting the stock negatively in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Jim Cramer is in a 'wait and see' position on Ford Motor Company, wanting to review the next quarter's results before making a recommendation.
Cramer's neutral stance on Ford, pending the next quarterly results, suggests no immediate impact on the stock price, but investors may be cautious in the short term.
CONFIDENCE 70
IMPORTANCE 75
RELEVANCE 70
POSITIVE IMPACT
Academy Sports and Outdoors, Inc. is seen as undervalued by Jim Cramer, despite its stereotype as a gun stock.
Cramer's recognition of ASO's low valuation could attract investors looking for undervalued stocks, possibly leading to a positive short-term price movement.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 70
POSITIVE IMPACT
Intel Corporation is doing well according to Jim Cramer, who does not recommend selling the stock.
Cramer's positive remarks on Intel's performance could instill confidence in investors, potentially leading to a positive short-term impact on the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80