CNBC’s Jim Cramer shared his insights on BHP Group, Diamondback Energy, AMC Entertainment, and Copart, offering buy recommendations for some and setting a sell target for another. The analysis includes recent company performance and stock price movements.
AMC Entertainment Holdings, Inc. (AMC) shares are soaring today following the company’s announcement of a significant debt retirement maneuver. This move aligns with AMC’s strategy to reduce its debt load and could be further fueled by renewed interest from meme-stock enthusiasts. Find out what drove the surge and the potential role of ‘Roaring Kitty’ in the current market sentiment.
GameStop shares soared on Monday, igniting memories of the 2021 meme stock frenzy. The spark was ignited by a cryptic tweet from Keith Patrick Gill, known as Roaring Kitty, who catalyzed the original GameStop short squeeze. The tweet, featuring a focused gamer, sent ripples through the market, leading to triple-digit gains for GameStop and notable increases in other meme stocks like AMC Entertainment, Dogecoin, and Shiba Inu. Gill’s analysis of GameStop’s undervaluation and excessive shorting had previously galvanized individual investors during the pandemic lockdowns.
