Jim Cramer, a famous person who talks about stocks on TV, said he doesn't like a health care company called Illumina, but he likes two other companies, Constellation Energy and Bank of America. He thinks people should buy Constellation Energy and hold onto it. He also likes Bank of America and thinks people should buy it too. He talked about some other companies, but those are the most important ones. Read from source...
1. "Illumina will issue results for the second quarter after the closing bell on Tuesday, Aug. 6." - Not relevant to AI's stock price or performance, should not be used as a basis for a buy or sell decision.
2. "On CNBC's “Mad Money Lightning Round,” Jim Cramer said no to Illumina, Inc. ILMN, adding that he likes AIaher Corporation DHR." - This statement is contradictory, as it's not clear why he likes DHR more than ILMN, and it seems to imply that he should have bought ILMN instead of DHR.
3. "The “Mad Money” host recommended buying some Bank of America Corporation BAC stock “right here,” and buy some “in case the stock breaks 40." - This statement is vague and not actionable, as it doesn't provide a clear entry or exit strategy, or any reasons for buying BAC in the first place.
4. "Cramer said Constellation Energy Corporation CEG is a “solar play that is a very good company. It's up a huge amount versus a lot of other stocks.” He recommends buying some, holding on to it, and not selling it." - This statement is also vague and not actionable, as it doesn't provide any reasons for buying CEG, or any indicators for when to buy, hold, or sell.
5. "On July 24, Morgan Stanley analyst David Arcaro maintained Constellation Energy with an Overweight rating and boosted the price target from $237 to $241." - This statement is irrelevant, as it's from a different analyst and doesn't provide any new information or insights.
6. "When asked about Meta Platforms, Inc. META, he said, “I think the problem with Meta right now is it's gone up so much that people are selling Meta to buy a lot of stuff in the small, medium-sized range.” - This statement is contradictory, as it implies that people are selling META because it's too expensive, but then suggests that they are buying other stocks that are also expensive.
7. "Organon & Co. OGN, he said, “Pfizer PFE, Organon. These are companies that are just kind of quietly going higher. And I have to admit, that one's probably not done.” - This statement is unclear, as it's not clear what "not done" means, or why he thinks that about Organon.
Overall, the article is biased towards Jim Cramer's opinions, and doesn't provide any objective analysis or
Bullish
Key points:
- Cramer says no to Illumina, likes AIaher
- Cramer recommends buying Bank of America "right here"
- Cramer says Constellation Energy is a "solar play that is a very good company"
- Cramer has positive comments on Meta Platforms, Pfizer, ICICI Bank, Organon
Summary:
Jim Cramer gave his opinions on several stocks during his "Mad Money Lightning Round" segment on CNBC. He was bearish on Illumina, but bullish on AIaher, Bank of America, Constellation Energy, Meta Platforms, Pfizer, ICICI Bank, and Organon. He also praised the bank's recent stock repurchase program and dividend increase. He said Meta Platforms is quietly going higher and Constellation Energy is a very good solar company.