IBM Is Doing A 'Great Job,' Jim Cramer Says — But Don't Buy This Real Estate Stock
Portfolio Pulse from Avi Kapoor
Jim Cramer recommends holding or buying IBM due to its strong earnings performance. He also suggests holding ZIM Integrated Shipping, while advising against buying New York Mortgage Trust and NANO Nuclear Energy. PJT Partners posted strong earnings but Cramer remains cautious.
August 22, 2024 | 12:56 pm
News sentiment analysis
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NEGATIVE IMPACT
Jim Cramer does not recommend NANO Nuclear Energy, citing its lack of profitability.
Cramer's negative view on NANO Nuclear Energy's lack of profitability suggests a potential negative impact on its stock.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Jim Cramer advises against buying New York Mortgage Trust due to weaker-than-expected quarterly results.
Weaker-than-expected earnings and Cramer's negative recommendation suggest a potential negative impact on NYMT's stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
PJT Partners posted strong earnings, but Jim Cramer remains cautious about the stock.
Despite strong earnings, Cramer's cautious stance suggests a neutral short-term impact on PJT's stock.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
IBM reported strong quarterly earnings, beating analyst estimates, and Jim Cramer recommends holding or buying the stock.
IBM's strong earnings report and positive recommendation from Jim Cramer suggest a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Jim Cramer recommends holding ZIM Integrated Shipping, supported by a recent analyst price target increase.
Cramer's positive outlook and the analyst's price target increase suggest a potential positive impact on ZIM's stock.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80