Jim Cramer Likes This Industrial Stock: 'It's Got A Terrific Aerospace Business'
Portfolio Pulse from Avi Kapoor
Jim Cramer shared his opinions on several stocks during CNBC's 'Mad Money Lightning Round.' He sees First Solar (FSLR) as risky due to its correlation with oil prices. Cramer praised Kaman Corporation's (KAMN) aerospace business and considers the stock undervalued. He suggested selling Cigna Group (CI) after its significant gains. Cramer believes GE Healthcare (GEHC) is mispriced and has potential due to the MRI business, especially with Alzheimer's drugs. He also recommended AeroVironment (AVAV) for its strong drone business and recent good quarter.
December 13, 2023 | 1:31 pm
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NEGATIVE IMPACT
Cramer suggested selling Cigna Group after its significant gains, implying a potential pullback.
Cramer's recommendation to sell Cigna Group after its substantial gains could lead to a short-term decrease in stock price as investors may follow his advice and take profits.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
NEGATIVE IMPACT
Cramer sees First Solar as risky due to its correlation with oil prices, suggesting potential volatility.
First Solar's stock is perceived as risky by Cramer due to its dependence on oil prices, which are volatile and beyond control. This could lead to short-term price declines.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Cramer recommended AeroVironment for its strong drone business and positive recent quarter.
Cramer's endorsement of AeroVironment due to its strong drone business and a good recent quarter could lead to a short-term uptick in its stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 85
POSITIVE IMPACT
Cramer believes GE Healthcare is mispriced with a strong future in MRI, especially related to Alzheimer's drugs.
Cramer's view that GE Healthcare is mispriced and his high expectations for its MRI business, particularly with Alzheimer's drugs, suggest a positive short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Cramer is bullish on Kaman Corporation, highlighting its strong aerospace business and undervalued status.
Cramer's positive outlook on Kaman's aerospace business and his view that the stock is 'dirt cheap' suggest a potential short-term increase in its stock price.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90