Jim Cramer Says This Tech Stock Is Speculative But He Likes It
Thumbs Up For This Stock
On CNBC's “Mad Money Lightning Round,” Jim Cramer said Sportradar Group AG (NASDAQ:SRAD) is speculative but he likes it. “I think you're into something good,” he added.
Supporting his view, Jefferies analyst David Katz, on Jan. 15, maintained Sportradar with a Buy rating and raised the price target from $17 to $23.
Will Only Recommend Companies That Make Money
When asked about Honest Company (NASDAQ:HNST), Cramer said he will only recommend companies in 2025 that are making money. “I get the fascination with it. And when they make money, I will recommend it,” he added.
Telsey Advisory Group analyst Dana Telsey, meanwhile, on Jan. 10, maintained Honest Co with a Market Perform and raised the price target from $6 to $7.
Other Stocks In Focus
“I'm hate lovin' AppLovin (NASDAQ:APP),” Cramer said. “This thing does not quit.”
Adding some support to his view, UBS analyst John Hodulik on Wednesday maintained AppLovin with a Buy rating and raised the price target from $315 to $440.
Wingstop Inc. (NASDAQ:WING) did not give him an explanation about why they didn't do well during the last quarter, Cramer said. “Therefore, I went off on them.”
As far as upcoming earnings report are concerned, Wingstop will discuss its fiscal fourth quarter and full year 2024 financial results on Wednesday, Feb. 19.
When asked about Comfort Systems USA, Inc. (NYSE:FIX), Cramer said, “If you've got HVAC, it's the thing.”
Adding support to this choice, UBS analyst Joshua Chan, on Dec. 9, 2024, maintained Comfort Systems USA with a Buy and boosted the price target from $525 to $575.
Price Action:
- Honest Company shares fell 1.8% to settle at $5.99 on Wednesday.
- AppLovin shares gained 6.9% to close at $361.72 during the session.
- Sportradar shares gained 0.4% to close at $20.42.
- Wingstop shares gained 1.1% to settle at $283.58 on Wednesday.
- Comfort Systems shares gained 4% to close at $550.27.
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Posted-In: CNBC mad money Lightning Round Jim CramerLong Ideas News Markets Media Trading Ideas
