Jim Cramer Says This EV Manufacturer Is 'Well-Run,' Recommends Selling iRobot
Portfolio Pulse from Avi Kapoor
Jim Cramer expressed his views on several companies. He criticized Dominion Energy's balance sheet management and recommended selling iRobot, citing its preliminary Q1 loss. Cramer preferred Enterprise Products Partners over Plains All American Pipeline and praised Rivian as well-run but advised against buying its stock. He suggested waiting for a better entry point for DraftKings. Price actions for these companies were also noted, with iRobot, Rivian, and DraftKings experiencing varied movements.
March 20, 2024 | 2:04 pm
News sentiment analysis
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NEGATIVE IMPACT
Jim Cramer criticized Dominion Energy's balance sheet management, despite an analyst upgrade.
Cramer's negative view, contrasted with an analyst's upgrade, could create mixed sentiment, likely leading to short-term pressure on the stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Cramer recommended selling iRobot following its preliminary Q1 loss report.
The recommendation to sell by a high-profile analyst like Cramer, combined with the reported losses, is likely to negatively impact iRobot's stock in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
Cramer suggested waiting for a better entry point for DraftKings, following a CFO role change announcement.
Cramer's suggestion to wait for a better entry point for DraftKings, despite a CFO role change, indicates a neutral short-term impact on the stock.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 80
NEUTRAL IMPACT
Cramer prefers Enterprise Products Partners over Plains All American Pipeline, despite a positive analyst outlook for PAA.
Cramer's preference for EPD over PAA, despite a positive analyst rating for PAA, may not significantly impact PAA's stock due to the mixed signals.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Cramer praised Rivian's management but advised against buying the stock, even after announcing Tesla supercharger compatibility.
Cramer's praise for Rivian's management but hesitation to recommend the stock could lead to neutral short-term impact, especially with the positive news of Tesla supercharger compatibility.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 85