On CNBC’s popular investment show ‘Mad Money,’ host Jim Cramer delivered his signature ‘Lightning Round’ segment, offering quick takes on various stocks. Here’s a breakdown of his insights:
Cheniere Energy (LNG):
Cramer declared Cheniere Energy a buy, predicting a positive outlook for the company. Cheniere Energy will release its third-quarter earnings on Thursday, October 31, before the opening bell.GE Vernova (GEV):
Cramer believes GE Vernova might experience a sell-off despite good news, but he remains optimistic about the company’s future. He suggests GE Vernova as an alternative investment to NuScale Power.HubSpot (HUBS):
Cramer expressed reservations about HubSpot, stating that he is ‘playing with fire’ and advises caution.NuScale Power (SMR):
Cramer acknowledges that NuScale Power is facing significant financial challenges. He reiterated his recommendation of GE Vernova as a better alternative.AST SpaceMobile (ASTS):
Cramer labeled AST SpaceMobile as ‘overvalued’ and advised against investing in the company, citing its lack of profitability.DexCom (DXCM):
Cramer expressed disappointment with DexCom’s recent performance, calling the last quarter ‘really terrible.’ DexCom will release its third-quarter financial results after the closing bell on Thursday, October 24. Analysts are projecting earnings of 43 cents per share, a decline from the previous year’s 50 cents per share, with estimated revenue of $990.71 million.Price Action:
Cheniere Energy shares dipped by 0.6% to close at $181.07 on Monday. GE Vernova shares saw a gain of 1.4%, closing at $276.43. HubSpot shares decreased by 0.8%, ending the day at $532.92. NuScale Power shares experienced a surge of 4.1%, settling at $18.96. AST SpaceMobile shares fell by 1.8%, closing at $27.64. Finally, Dexcom shares rose by 0.3%, ending the session at $72.61.It’s crucial to remember that Jim Cramer’s opinions are his own and should not be considered as investment advice. Investors are encouraged to conduct thorough research before making any investment decisions.