'I'm Not Proud Of Myself': Jim Cramer Says He Bought 'Worst Of The Three' GE Stocks
Portfolio Pulse from Avi Kapoor
Jim Cramer shared his views on several stocks during CNBC's 'Mad Money Lightning Round.' He recommended buying Merck (MRK) and expressed faith in its CEO. He commented on Teladoc Health (TDOC) and Cathie Wood's selling activity. Fortinet (FTNT) reported a good quarter, but Cramer prefers Palo Alto Networks (PANW). He found Enova International (ENVA) 'dicey' and suggested Wells Fargo (WFC) instead. He was not optimistic about Bentley Systems (BSY) due to losses in enterprise software. GE Healthcare (GEHC) had a decent quarter but was hurt by China.
August 09, 2024 | 12:01 pm
News sentiment analysis
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NEGATIVE IMPACT
Cramer is not optimistic about Bentley Systems due to losses in enterprise software.
Cramer's negative outlook on Bentley Systems due to sector-wide losses could lead to a short-term price decline.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Cramer finds Enova International 'dicey' due to its untraditional lending practices.
Cramer's negative view on Enova International's lending practices could lead to a short-term price decline.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Cramer commented on Cathie Wood's frequent selling of Teladoc Health, which she bought at higher prices.
Frequent selling by a prominent investor like Cathie Wood could signal lack of confidence, potentially leading to a short-term price decline.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Fortinet reported a good quarter, but Cramer prefers Palo Alto Networks.
While Fortinet reported good earnings, Cramer's preference for Palo Alto Networks may neutralize the positive impact.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEUTRAL IMPACT
GE Healthcare reported a decent quarter but was hurt by China, according to Cramer.
While GE Healthcare reported a decent quarter, the negative impact from China may neutralize any positive effects.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Jim Cramer recommended buying Merck, expressing strong faith in its CEO, Robert Davis.
Cramer's positive recommendation and faith in the CEO could boost investor confidence in Merck, likely leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Cramer remains committed to Palo Alto Networks, believing it is performing the best among its peers.
Cramer's strong endorsement of Palo Alto Networks could boost investor confidence, likely leading to a short-term price increase.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Cramer suggests buying Wells Fargo, which has seen a recent price collapse.
Cramer's suggestion to buy Wells Fargo after a price collapse could attract bargain hunters, likely leading to a short-term price increase.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70