Cramer: Hewlett Packard Is A 'Very Inexpensive' Stock, Likes This Big Tech Stock
Portfolio Pulse from Avi Kapoor
Jim Cramer on CNBC's 'Mad Money Lightning Round' discussed several stocks. He views Hewlett Packard Enterprise as a 'very inexpensive' stock at $17. Microsoft announced a $60 billion share repurchase program and a 10% dividend increase. NextEra Energy is seen as a 'red hot stock' with potential to go higher. Alight has not been profitable, and Herbalife is considered too controversial with no growth.
September 17, 2024 | 12:52 pm
News sentiment analysis
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NEGATIVE IMPACT
Herbalife is seen as too controversial with no growth, following disappointing revenue results.
Cramer's negative view, combined with poor revenue results, suggests a likely decline in Herbalife's stock price.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 75
NEUTRAL IMPACT
Alight has not been profitable, and Cramer is cautious until the company shows profitability.
Cramer's cautious stance due to lack of profitability suggests a neutral short-term impact on Alight's stock price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Jim Cramer considers Hewlett Packard Enterprise a 'very inexpensive' stock at $17, suggesting potential undervaluation.
Cramer's positive view on HPE as 'very inexpensive' suggests potential undervaluation, which could attract investors and drive the stock price up.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Microsoft announced a $60 billion share repurchase program and a 10% increase in its quarterly dividend.
The $60 billion buyback and dividend increase indicate Microsoft's strong financial position, likely boosting investor confidence and supporting stock price appreciation.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
NextEra Energy is described as a 'red hot stock' with potential to go higher, supported by a recent analyst price target increase.
Cramer's positive outlook and the analyst's price target increase suggest potential for further stock price gains for NextEra Energy.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70