Published on 23 Apr 2024 on Insider Monkey via Yahoo Finance
10 Stocks You Should Not Buy According to Jim Cramer
In this article, we will take a detailed look at the 10 Stocks You Should Not Buy According to Jim Cramer. For a quick overview of such stocks, read our article 5 Stocks You Should Not Buy According to Jim Cramer.
Jim Cramer in a latest program talked about the market rally on April 22. Cramer said that when you have many down days you can almost always expect a bounce back. Cramer was surprised that the market "shrugged off" Verizon's weak earnings which according to him was "disappointing" in every category, including cash flows. Cramer highlighted Tesla's continuous declines despite the company's latest announcement of price cuts and layoffs. Tesla's competitors Ford and GM, on the other hand, gained, with the former gaining 6%.
People Do Not Want Tesla Cars, Cramer Says