Jim Cramer: This Semiconductor Company Is 'Too Late To Auto,' But Super Micro Is 'Too Hot'
Portfolio Pulse from Avi Kapoor
Jim Cramer shared his views on several companies on CNBC's 'Mad Money Lightning Round.' He expressed skepticism about Indie Semiconductor's focus on the auto sector, praised On Holding AG, advised caution on Confluent due to financial issues, believed Chewy is bottoming, and found Super Micro Computer too hot after its stock surged following S&P 500 inclusion news. Indie Semiconductor and Confluent reported their financial results, with Indie showing weaker sales and Confluent exceeding expectations. On Holding and Chewy are set to report their financial results soon.
March 05, 2024 | 1:21 pm
News sentiment analysis
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NEGATIVE IMPACT
Jim Cramer expressed skepticism about Indie Semiconductor's focus on the auto sector, following weaker-than-expected sales results for its fourth quarter.
Cramer's skepticism, combined with the recent report of weaker sales, could lead to negative sentiment among investors, potentially impacting the stock price negatively in the short term.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Jim Cramer finds Super Micro Computer too hot after its stock surged following its inclusion in the S&P 500 and a Neutral rating from Goldman Sachs with a $941 price target.
The recent surge in Super Micro Computer's stock price following its S&P 500 inclusion and Goldman Sachs' rating could lead to overvaluation concerns, potentially impacting the stock price negatively in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 95
NEUTRAL IMPACT
Jim Cramer advised caution on Confluent due to financial issues, despite the company reporting better-than-expected fourth-quarter financial results.
While the recent financial results were positive, Cramer's caution due to financial issues introduces uncertainty, likely resulting in a neutral impact on the stock price in the short term.
CONFIDENCE 70
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
Jim Cramer believes Chewy is bottoming, with the company expected to report its financial results soon.
Cramer's belief that Chewy is bottoming, combined with the upcoming financial results, could lead to positive investor sentiment, potentially lifting the stock price in the short term.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
Jim Cramer remains positive on On Holding AG, which is scheduled to release its financial results soon.
Cramer's positive stance and the anticipation of the financial results release could create positive investor sentiment, potentially boosting the stock price in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80