Cramer Predicts 'Another Great Year' For Live Nation; For EQT He's 'Not Going To Go There'
Portfolio Pulse from Avi Kapoor
Jim Cramer shared his views on several companies on CNBC's 'Mad Money Lightning Round'. He expressed caution about Scotts Miracle-Gro due to weather dependency, despite its narrower-than-expected Q1 loss. Cramer was hesitant about Powell Industries, awaiting further analysis despite its better-than-expected Q1 results. He praised Parsons Corporation for its strong Q4 earnings and regretted not owning it sooner. AvidXchange was noted for its challenging industry, with Q4 results pending. Cramer predicted a great year for Live Nation Entertainment, despite mixed Q4 results, and showed preference for Coterra over EQT Corporation, which reported worse-than-expected Q4 results.
February 26, 2024 | 2:07 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Cramer showed preference for Coterra over EQT Corporation, which reported worse-than-expected Q4 results.
Cramer's preference for Coterra over EQT, especially after EQT's disappointing Q4 results, indicates a negative outlook for EQT's short-term stock performance.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Cramer was hesitant about Powell Industries, suggesting potential selling, despite better-than-expected Q1 results.
Despite positive financial results, Cramer's suggestion to potentially sell shares indicates a lack of confidence in the stock's short-term prospects.
CONFIDENCE 60
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Cramer noted AvidXchange's challenging industry, with Q4 results pending, indicating uncertainty.
The mention of a 'tough industry' and pending Q4 results introduces uncertainty, making it difficult to predict short-term stock movement.
CONFIDENCE 60
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Cramer expressed caution about Scotts Miracle-Gro due to its weather dependency, despite a narrower-than-expected Q1 loss.
Cramer's caution stems from the company's performance being affected by weather conditions, which introduces uncertainty despite recent positive financial results.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Cramer predicted a great year for Live Nation Entertainment, despite mixed Q4 results.
Cramer's positive prediction for Live Nation, despite mixed Q4 results, suggests confidence in the company's future performance.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Cramer praised Parsons Corporation for its strong Q4 earnings, expressing regret for not owning it sooner.
Cramer's positive outlook on Parsons, especially after strong Q4 earnings, suggests potential for stock appreciation.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80