Jim Cramer 'Can Bless' General Dynamics: 'It's Great, Not Expensive'
Portfolio Pulse from Avi Kapoor
Jim Cramer discussed several companies on CNBC's 'Mad Money Lightning Round.' He mentioned Constellation Energy Corporation (NASDAQ:CEG) is under heavy pressure due to a market rotation. AeroVironment, Inc. (NASDAQ:AVAV) reported strong earnings but issued weak guidance. General Dynamics Corporation (NYSE:GD) is considered a great and not expensive stock. Forward Air Corporation (NASDAQ:FWRD) has new executive appointments.
July 18, 2024 | 12:34 pm
News sentiment analysis
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POSITIVE IMPACT
General Dynamics is considered a great and not expensive stock by Jim Cramer. The company is expected to report strong Q2 earnings.
Positive sentiment from Jim Cramer and strong earnings expectations are likely to boost the stock in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
Forward Air has new executive appointments. The stock fell 0.9% following the announcement.
The new executive appointments may bring some uncertainty, but the overall impact on the stock is likely to be neutral in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
AeroVironment reported strong earnings but issued weak guidance. The stock fell 2.1% following the announcement.
Despite beating earnings estimates, the weak guidance has led to a negative market reaction, causing the stock to fall.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Constellation Energy Corporation is under heavy pressure due to a market rotation. The company is in talks with Pennsylvania officials to fund a potential restart of part of its Three Mile Island power facility.
The market rotation and the uncertainty surrounding the potential restart of the Three Mile Island facility are likely to keep the stock under pressure in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80