Jim Cramer Says Datadog Is A 'Hugely Fabulous Company', But He Doesn't 'Trust It Yet'
Portfolio Pulse from Avi Kapoor
Jim Cramer discussed several companies on CNBC's 'Mad Money Lightning Round.' He praised KKR & Co. Inc. for its management and recent acquisition of logistics properties. Datadog reported strong financial results but Cramer remains cautious. NextEra Energy Partners also posted strong earnings but Cramer is wary of its dividend.
August 20, 2024 | 12:14 pm
News sentiment analysis
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POSITIVE IMPACT
Datadog reported strong Q2 results with revenue growth of 27% and EPS beating estimates. Despite this, Jim Cramer remains cautious about the company.
Datadog's strong financial performance in Q2, with revenue and EPS beating estimates, is a positive indicator for short-term stock performance. However, Jim Cramer's cautious stance may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
KKR is praised by Jim Cramer as one of the best-run companies, recently acquiring logistics properties for $377 million.
KKR's acquisition of logistics properties and Cramer's praise suggest positive sentiment and potential short-term stock appreciation.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
NextEra Energy Partners reported strong Q2 earnings but Jim Cramer is cautious about its dividend.
While NEP's earnings beat expectations, Cramer's caution regarding its dividend may lead to a neutral short-term impact on the stock.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60