Cramer’s lightning round: Canopy is ‘most legit’ of the cannabis stocks

Business

Newell Brands: “Well, you’re bottom fishing and a bottom fisher can make a couple of bucks, but I like quality and Newell Brands is not high quality. It does not have a great balance sheet.”

Caesars Entertainment: “I like Penn National Gaming … That’s my one.”

Schrodinger: “We like this one for … one of the same reasons we like Nvidia. I mean, it’s just a very, very smart company. I think it’s a great spec, though.”

Sprout Social: “We got to look into that. I’ve been watching that stock go up … My bad that I don’t know it, but I promise that we’ll get back.”

NortonLifeLock: “I think this is an undervalued stock and it should be bought.”

Canopy Growth: “Canopy is the most legit of all the cannabis stocks.”

Beyond Meat: “This thing literally just doubled. I am deeply committed to it and [CEO] Ethan Brown. I think it’s terrific … [but] you should not be surprised [that] it is a wild trader.”

Pure Storage: “That thing worked its way all the way back. … I’ve got to say it’s pretty good.”

Articles You May Like

Gap shares surge as it raises guidance, touts ‘strong start’ to holiday
McDonald’s to invest more than $100 million to speed up recovery after E. coli outbreak
Processed food stocks fall as investors brace for increased scrutiny under Trump, RFK Jr.
It’s ‘liquidity, stupid’: VCs say tech investing is tough amid IPO lull and ‘nuts’ AI hype
Are Black Friday deals worth waiting for? Here’s what to expect this year

Leave a Reply

Your email address will not be published. Required fields are marked *