Cramer Says This Is An 'Interesting, Good' Stock: 'I Think At $14, You Should Be A Buyer'
Portfolio Pulse from Avi Kapoor
Jim Cramer, on CNBC's 'Mad Money Lightning Round,' expressed his views on several stocks. He recommended buying Topgolf Callaway Brands Corp. (MODG) at $14, was hesitant on Toast, Inc. (TOST) until they make money, suggested holding MP Materials Corp. (MP) despite lacking a catalyst, praised Howmet Aerospace Inc. (HWM), and suggested a stock split for TransDigm Group Incorporated (TDG) to make it recommendable. Stock movements were also noted with MODG slightly up, TOST gaining, MP and HWM falling, and TDG slightly up on Tuesday.
January 10, 2024 | 3:35 pm
News sentiment analysis
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NEUTRAL IMPACT
Cramer suggested holding onto MP Materials Corp. (MP) shares, despite the lack of a current catalyst to buy more.
Cramer's recommendation to hold MP shares without a strong buy or sell signal is likely to have a neutral impact on the stock in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Cramer mentioned that TransDigm Group Incorporated (TDG) should split its stock to make it more recommendable.
Cramer's suggestion for a stock split for TDG is not a direct investment recommendation but could indicate that he sees the stock as overvalued at its current price, potentially leading to a neutral short-term impact.
CONFIDENCE 65
IMPORTANCE 50
RELEVANCE 60
NEUTRAL IMPACT
Jim Cramer is on the fence about Toast, Inc. (TOST) and will only be on board if the company starts making money.
Cramer's conditional stance on TOST, waiting for profitability, may lead to a neutral impact as investors may adopt a 'wait and see' approach until the company's financial performance improves.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Jim Cramer praised Howmet Aerospace Inc. (HWM), calling it 'what a stock' is.
Cramer's praise for HWM, although not a direct buy recommendation, could be perceived positively by investors and may contribute to a favorable view of the stock in the short term.
CONFIDENCE 75
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Jim Cramer recommended buying Topgolf Callaway Brands Corp. (MODG) at $14, indicating a positive outlook on the stock.
Cramer's endorsement as a buy at a specific price point suggests he sees upside potential, which could influence investors to consider purchasing the stock, potentially driving up its price in the short term.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90