Jim Cramer Says If You Sell This Chinese EV Stock Now, 'Some Clown' Will Be 'Real Positive About It,' Wait Until 'All That Stuff Happens'
Portfolio Pulse from Avi Kapoor
Jim Cramer provided stock recommendations on CNBC's 'Mad Money Lightning Round.' He recommended Arista Networks (ANET) and advised against selling NIO Inc. (NIO) and Deere & Company (DE) at their current levels. Arista Networks is expected to release its Q2 financial results soon, with analysts predicting strong earnings growth. NIO launched a new vehicle system update, and Deere received a price target cut from JPMorgan.
July 16, 2024 | 12:52 pm
News sentiment analysis
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NEUTRAL IMPACT
Jim Cramer recommended not selling Deere & Company at current levels despite a recent price target cut by JPMorgan.
Cramer's advice to hold Deere & Company suggests that the stock may have potential despite the price target cut. However, the impact is neutral in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 100
NEUTRAL IMPACT
Jim Cramer advised against selling NIO Inc. at current levels, suggesting that positive news could emerge. NIO recently launched a new vehicle system update.
Cramer's advice to hold NIO suggests potential positive developments. The recent product update could also support the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Jim Cramer recommended Arista Networks, highlighting the leadership of CEO Jayshree Ullal. The company is expected to report strong Q2 earnings soon.
Cramer's positive recommendation and the upcoming earnings report, which is expected to show strong growth, are likely to boost investor confidence in Arista Networks.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100