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Jim Cramer Warns Investors About a Stock ‘Not to Go Near’

If you’ve made money with Jim Cramer and are a fan, his takes on stocks to own or sell are invaluable. If you’ve made money betting against Cramer’s picks and believe in the ‘Inverse Cramer‘ theory then knowing his stock picks is equally invaluable. 

Last week on Mad Money, Cramer ran through some of the stocks he has fallen in, and out, of love with in recent weeks. 

DON’T MISS: Inverse Cramer Tracker: Approach With Caution

“Ive actually doubled down on my negativity. I do not want you to go near that stock (Zim Integrated Shipping Services  (ZIM) – Get Free Report),” Cramer told viewers. 

It was a good call by the Wall Street vet as Zim shares plummeted more than 14% Monday after reporting a first quarter loss and revenue that missed analyst estimates. 

“Palantir  (PLTR) – Get Free Report has shifted. They have found religion, they are doing the pivot,” Cramer said to a caller who was concerned about the company not turning a profit. Cramer has come around and is now recommending.

“Veeva Systems  (VEEV) – Get Free Report is a very very expensive stock, but a great company. Cloud-based software for the medical business. It really has the space to itself. I’m going to say yes, but it is a growth stock for younger people, not for older people because it is more risky than I normally recommend on the show,” Cramer said 

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