CNBC’s Jim Cramer shared his insights on several stocks, including Intuitive Surgical, Energy Transfer, T-Mobile, Constellation Energy, IBM, and Snowflake. He highlighted Intuitive Surgical as a ‘fantastic company with an expensive stock’ and recommended buying Energy Transfer. Cramer also expressed optimism about T-Mobile and Constellation Energy, while suggesting holding IBM. He was less enthusiastic about Snowflake, citing competition in the market.
CNBC’s Jim Cramer dished out his stock picks on ‘Mad Money’s Lightning Round,’ focusing on companies across the technology, real estate, and cybersecurity sectors. He recommended buying Intuitive Surgical, Kimco Realty, CrowdStrike, and Rocket Lab, while expressing caution about Nutanix. This article analyzes Cramer’s recommendations and the recent performance of the mentioned companies.
U.S. stock futures are trading mixed this morning, setting the stage for a potentially volatile session. Several companies are in focus ahead of their earnings releases, including American Express, Netflix, Procter & Gamble, Intuitive Surgical, and Schlumberger. Here’s a breakdown of what investors are watching.
Intuitive Surgical, the leader in robotic-assisted surgery, delivered strong third-quarter results, exceeding both revenue and earnings expectations. The company saw significant growth in da Vinci system placements and procedures, fueling a surge in its stock price after hours.
Intuitive Surgical (ISRG) is experiencing a surge in earnings estimates, suggesting a positive outlook for the company. This upward trend in estimates has already driven the stock price higher, and it’s likely to continue as analysts remain optimistic about the company’s future performance. The Zacks Rank, which uses earnings estimate revisions as a key indicator, assigns a strong buy rating to Intuitive Surgical, based on the consistent upward revisions for both the current quarter and full year.
