Cramer Says This AI Stock Is Just An Nvidia Play, Prefers This Stock Over Anheuser-Busch
Portfolio Pulse from Avi Kapoor
Jim Cramer discussed various stocks on CNBC's 'Mad Money Lightning Round,' highlighting DigitalBridge Group's better-than-expected sales, Constellation Brands over Anheuser-Busch for its financials and potential wine business sale, and SoundHound AI as an Nvidia play. He also mentioned not being familiar with Pactiv Evergreen, which is expected to report its Q4 results soon. The article includes recent price actions for these companies.
February 28, 2024 | 1:57 pm
News sentiment analysis
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NEGATIVE IMPACT
Anheuser-Busch's shares slipped 0.1% amid comments by former President Trump and Cramer's preference for Constellation Brands.
Negative sentiment from high-profile figures and comparison to competitors could pressure BUD's stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
DigitalBridge Group reported better-than-expected sales for Q4, but shares fell 0.6%.
Despite positive sales results, the slight drop in share price suggests a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Nvidia, associated with SoundHound AI by Cramer, saw its shares fall 0.5%.
Despite the positive mention, Nvidia's stock experienced a slight decline, indicating a neutral short-term impact.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Pactiv Evergreen, unfamiliar to Cramer, is expected to report Q4 results soon, shares declined 1.2%.
Lack of familiarity from Cramer and upcoming earnings report contribute to a neutral short-term outlook.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
SoundHound AI, seen as an Nvidia play by Cramer, shares surged 19.3% amid AI tech integration speculation.
The association with Nvidia and AI technology speculation likely contributed to the significant stock rise.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
Constellation Brands preferred over Anheuser-Busch by Cramer for its financials, shares rose 0.1%.
Positive endorsement from Cramer and potential for selling its wine business could boost STZ's stock.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 75