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Jim Cramer sides with the Apes, says AMC stock is a 'terrible short': 5 other short squeeze candidates on his radar

Benzinga Real-time News · Aug 10, 2022 20:11

GME +0.53% AMC +9.08% W -2.88% BYND -2.34% UPST -3.23%

Jim Cramerdoesn't hold anything back when he engages with retail investors on Twitter. He has often been critical of some of the most popular stocks among the retail crowd, but he seemed to side with the "apes" this time around.

Cramer highlighted several short-squeeze candidates Tuesday night on CNBC's "Mad Money."

"Lately we've seen a lot of low quality stocks rally, purely because too many hedge funds shorted them at the same time," Cramer said. "And those shorts end up getting squeezed."

What To Know:Squeezes became a hot topic following unprecedented moves in$AMC...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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