We encourage you to do your own research before investing. The Mad Money show then began recommending investors invest 5% of their portfolios in Bitcoin.Ĭoncerns about the Chinese Bitcoin mining crackdown, ransomware assaults, and Tether (USDT) forced him to sell his BTC for Ether in June of last year.ĭISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. Jim Cramer became a Bitcoin supporter in 2020 after speaking with crypto investor and entrepreneur Anthony Pompliano, who urged him to purchase some BTC. CNBC’s Jim Cramer predicted that AMC Entertainment could be gearing up to buy a rival movie. He also tweeted a buy suggestion for AMC Entertainment Holdings, right before the price fell 30%. Cramer says AMC pop reflects ‘brilliant’ CEO moves, sees buyouts as a way to justify valuation. He complimented Ark Investment Management CEO Cathie Wood immediately before her flagship fund crashed last year. Many people have criticized Cramer for offering trade suggestions that resulted in losses. You do not do this for 42 years and lose money evert year. The early signs for the box office performance of the new James Bond film are strong, and that could lead to a wild Monday move for shares of AMC Entertainment Holdings, Cramer said. After mentioning that he acquired a farm with his Bitcoin winnings and a boat with his ether income, the Mad Money host issued a challenge to crypto investors:Īs far as crypto, same: i bought a farm with my Bitcoin winnings, all announced, and i bought a boat with Ethereum. Jim Cramer then sent out another tweet regarding cryptocurrency. Those who know me know that you would have been betting against Apple at 5, Google since inception, Meta at $18, Amazon at ten, Nvidia at $25 and AMD at $5. He wrote the following when discussing the Advanced Micro Devices stock:Īs always i welcome people betting against me. Cramer is a former hedge fund manager who co-founded, a website dedicated to financial news and education. (NASDAQ:BIRD) sells footwear and apparel. (NYSE:CMG), down a lot today, is the one you want to go with."ĭon’t forget to check out our premarket coverage here.Jim Cramer, the host of CNBC’s Mad Money, dared cryptocurrency investors to bet against him. (NASDAQ: BIRD) Jim Cramer has a Sell rating on Allbirds, Inc. "My take is that Chipotle Mexican Grill, Inc. "Got a big menu there, lot of choices, that’s OK," Cramer said, when asked about The Cheesecake Factory Incorporated (NASDAQ:CAKE). (NASDAQ:SMCI) is a "good one, but you know it’s second to NVIDIA Corporation (NASDAQ:NVDA) as a way to play AI." (NYSE:PLTR), he said, "I had been against Palantir for some time until they put together a terrific quarter, and I told the CFO that, and I think they should come on because the stock’s going higher."Ĭramer said Super Micro Computer, Inc. You might not be able to keep buying AMC or GME up here if you keep this up. There is too much money being lost on your other names. When asked about Palantir Technologies Inc. Jim Cramer jimcramer WSB, keep your fire power for AMCand GME. (NYSE:TOL), and I prefer Lennar Corporation (NYSE:LEN), but I’ve got to admit the guys at Tri Pointe have really put together a fabulous business plan, and housing continues to go up in price no matter what the Fed does." Youll see top Tweets from a number of accounts that are experts, fans or just tend to talk about Jim Cramer on Twitter. On CNBC’s "Mad Money Lightning Round," Jim Cramer said Tri Pointe Homes, Inc.
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