Jim Cramer is a man who talks about which companies are doing well and which ones are not. He talked about some companies on his show called "Mad Money Lightning Round". For some companies, he said good things like Equitrans Midstream, Jabil, BorgWarner, and Longboard Pharmaceuticals. But for IonQ and LendingTree, he didn't think they were doing well. The prices of the stocks went up or down depending on what Jim Cramer said. Read from source...
1. Jim Cramer is a well-known financial journalist and television personality who hosts the show "Mad Money" on CNBC. He has a history of making bold predictions and stock picks, but his advice should not be taken as gospel. Investors should always do their own research and consider multiple sources before making any investment decisions.
2. Equitrans Midstream Corporation is indeed a solid company with good growth and yield prospects, but Cramer's endorsement alone does not make it a buy. It is important to look at the fundamentals of the company, such as its revenue, earnings, debt, and cash flow, as well as the broader market conditions and industry trends.
3. IonQ is a quantum computing company that has recently gone public through a merger with a special purpose acquisition company (SPAC). Cramer's dismissal of the stock based on a lack of "mojo" does not provide any meaningful insight into the company's potential or risks. Quantum computing is still in its infancy and has the potential to revolutionize many industries, but it also faces significant challenges and uncertainties.
4. Jabil Inc. is an electronic manufacturing services provider that reported a "not great" quarter according to Cramer. However, his interest in buying the stock after the disappointing results may indicate a contrarian or value-oriented approach. Investors should examine the company's financial performance, customer base, and competitive advantages before deciding whether to buy or sell the stock.
1. Buy Equitrans Midstream Corporation (ETRN) - good growth, good yield, solid profile, low risk
2. Sell IonQ Inc. (IONQ) - high risk, no mojo, parabolic move is over
3. Buy Jabil Inc. (JBL) - not a seller, interesting activity, undervalued, potential upside