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Jim Cramer Suggests to 'Stay Away' From NIO
Jim Cramer Suggests to 'Stay Away' From NIO

Yahoo

time7 days ago

  • Automotive
  • Yahoo

Jim Cramer Suggests to 'Stay Away' From NIO

NIO Inc. (NYSE:NIO) is one of the stocks highlighted by Jim Cramer in the lightning round. When a caller expressed that they have been contemplating whether to buy more of the stock, Cramer remarked: 'You know, I don't think that that is a really terrific situation. I happen to think that there are better buys, and I think that market is flooded right now. Let's stay away from that one.' A laptop and a computer monitor display a detailed stock market technical analysis chart. Photo by Jakub Zerdzicki on Pexels NIO Inc. (NYSE:NIO) develops and sells smart electric SUVs and sedans, along with a full ecosystem of charging, battery-swapping, insurance, financing, and after-sales services. During an October 2024 episode, when a caller inquired about the company stock, Cramer replied, 'I want you to hold on.' Since the comment was made, the stock has declined nearly 33.5%. On August 1, NIO Inc.'s (NYSE:NIO) stock was upgraded to Outperform from Neutral with a $5.50 price target by Macquarie, as the firm stated that it sees the company's newly launched L90 as the company's most competitive model to date. According to Macquarie, the L90 offers stronger value than Li Auto's recent i8 and is a six-seat large SUV positioned near the price of Tesla's five-seat Model Y. The firm projects monthly sales of 8,000 to 12,000 units for the L90. While we acknowledge the potential of NIO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.

Jim Cramer on Riot Platforms: 'That's Just Too Dicey for Me'
Jim Cramer on Riot Platforms: 'That's Just Too Dicey for Me'

Yahoo

time7 days ago

  • Business
  • Yahoo

Jim Cramer on Riot Platforms: 'That's Just Too Dicey for Me'

Riot Platforms, Inc. (NASDAQ:RIOT) is one of the stocks highlighted by Jim Cramer in the lightning round. During the lightning round, a caller inquired about the stock, and Cramer stated: 'No, see, that's, again, I mean that's just too dicey for me. I know in the end, I don't look like, I may look like a radical, but I'm not when it comes to money, except for when it comes to orientation and not just doing S&P funds, but also doing individual stocks.' Photo by bitcoin executium on Unsplash Riot Platforms, Inc. (NASDAQ:RIOT) is a Bitcoin mining company that also provides infrastructure, power distribution equipment, and custom electrical solutions for large-scale applications. When a caller inquired about the stock in a July episode, Cramer responded: 'You know, I have been a believer. I actually had… a very big debate this weekend about whether you should just own Bitcoin, or you should own Riot Platforms, or own Strategy. And I still come back to say own Bitcoin. I don't need leverage. I don't need trickiness. It's like I prefer gold to the gold miners. It really is the same thing. Own Bitcoin.' While we acknowledge the potential of RIOT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.

Jim Cramer on Oklo: 'I Believe in Their Strategy'
Jim Cramer on Oklo: 'I Believe in Their Strategy'

Yahoo

time7 days ago

  • Business
  • Yahoo

Jim Cramer on Oklo: 'I Believe in Their Strategy'

Oklo Inc. (NYSE:OKLO) is one of the stocks highlighted by Jim Cramer in the lightning round. A caller asked for Cramer's thoughts on the company, and he replied: 'Okay, I believe in nuclear, I believe in nuclear power. I believe in their strategy. I do think that the company at $12 billion is not a bad buy. It has been up a huge amount, 290%. Let's be a little careful, but I think it's a good company, good stock.' A technical stock market chart. Photo by Energepic from Pexels Oklo Inc. (NYSE:OKLO) designs advanced fission power plants and develops nuclear fuel recycling technology that transforms waste into usable reactor fuel. The company plans to deliver clean and cost-effective energy at scale. Cramer discussed the company during the July 23 episode and said: 'Until this market, I found it very hard to recommend anything… because historically, parabolic moves tend to explode in your face. But you know what? I violated my rule for this market simply because the moves are too big and the opportunities too frequent to pass on all of them. I don't want you to miss making some big money because of a view that might no longer be relevant. Let's take some stocks. While we acknowledge the potential of OKLO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Jim Cramer on Riot Platforms: 'That's Just Too Dicey for Me'
Jim Cramer on Riot Platforms: 'That's Just Too Dicey for Me'

Yahoo

time10-08-2025

  • Business
  • Yahoo

Jim Cramer on Riot Platforms: 'That's Just Too Dicey for Me'

Riot Platforms, Inc. (NASDAQ:RIOT) is one of the stocks highlighted by Jim Cramer in the lightning round. During the lightning round, a caller inquired about the stock, and Cramer stated: 'No, see, that's, again, I mean that's just too dicey for me. I know in the end, I don't look like, I may look like a radical, but I'm not when it comes to money, except for when it comes to orientation and not just doing S&P funds, but also doing individual stocks.' Photo by bitcoin executium on Unsplash Riot Platforms, Inc. (NASDAQ:RIOT) is a Bitcoin mining company that also provides infrastructure, power distribution equipment, and custom electrical solutions for large-scale applications. When a caller inquired about the stock in a July episode, Cramer responded: 'You know, I have been a believer. I actually had… a very big debate this weekend about whether you should just own Bitcoin, or you should own Riot Platforms, or own Strategy. And I still come back to say own Bitcoin. I don't need leverage. I don't need trickiness. It's like I prefer gold to the gold miners. It really is the same thing. Own Bitcoin.' While we acknowledge the potential of RIOT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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