Jim Cramer Calls This Tech Stock 'Terrific' And Says 'I Heavily Suggest That You Buy Much More' Of DuPont
Portfolio Pulse from Avi Kapoor
Jim Cramer made several stock recommendations on CNBC's 'Mad Money Lightning Round.' He suggested buying more of DuPont (NYSE:DD) and Palo Alto Networks (NASDAQ:PANW), holding RPM International (NYSE:RPM), and owning MSCI (NYSE:MSCI). He expressed concerns about New Fortress Energy (NASDAQ:NFE) despite liking the business. MSCI, RPM, and DuPont recently reported better-than-expected earnings.
August 07, 2024 | 12:22 pm
News sentiment analysis
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NEGATIVE IMPACT
Jim Cramer likes New Fortress Energy's business but is concerned about its stock performance. Barclays analyst lowered the price target from $27 to $19.
Cramer's concerns and the lowered price target by Barclays suggest potential short-term downside for NFE.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Jim Cramer heavily suggests buying more DuPont. The company reported better-than-expected Q2 adjusted EPS and sales.
Cramer's strong recommendation and DuPont's solid financial performance are likely to drive the stock higher in the short term.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
MSCI posted better-than-expected Q2 financial results with a 14% YoY revenue growth, beating analyst estimates. Jim Cramer recommends owning MSCI stock.
MSCI's strong financial performance and Cramer's endorsement are likely to positively impact the stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Jim Cramer recommends buying Palo Alto Networks, calling it 'terrific.' The company will release its Q4 and FY 2024 results on Aug. 19.
Cramer's positive recommendation and the upcoming earnings report are likely to create bullish sentiment for PANW.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Jim Cramer recommends holding RPM International, calling it a great company. RPM recently reported better-than-expected Q4 earnings.
Cramer's positive outlook and RPM's strong earnings report are likely to support the stock in the short term.
CONFIDENCE 85
IMPORTANCE 50
RELEVANCE 60