share_log

Jim Cramer Says 'Entertainment Stocks Are So Hated': Here's One That's 'Not Expensive Anymore'

Benzinga ·  09/27/2023 20:53

On CNBC's "Mad Money Lightning Round," Jim Cramer said Devon Energy Corporation's (NYSE:DVN) stock is "low enough, it had a bad quarter, it's being punished endlessly, that's wrong." When asked about TransMedics Group, Inc. (NASDAQ:TMDX), he said, "It's a market that says, if the company is losing money, unless it gets a bid in the biotech business, we're going to send it lower for now." Cramer said Fiverr International Ltd. (NYSE:FVRR) is a nice online marketplace, but it's not making money. "This market will not buy or take any company

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
    Write a comment