Jim Cramer Says Tesla Has ‘The Worst Chart I’ve Ever Seen’: Is He Still A Believer?

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Antero Resources Corporation (NYSE: AR) is very, very cheap…and "I’m not going to say anything bad about it."

On CNBC’s “Mad Money Lightning Round,” Jim Cramer said Antero Resources Corporation (NYSE:AR) is very, very cheap…and “I’m not going to say anything bad about it.”

When asked about Lantheus Holdings, Inc. (NASDAQ:LNTH), Cramer said, “I was going to hit you with Danaher Corporation (NYSE:DHR). That’s an Investing Club name. But I think that Lantheus is a really good idea.”

Analysts agree with Cramer on this one, Benzinga data shows an Outperform consensus rating on LNTH.

The “Mad Money” host said Ring Energy, Inc. (NYSE:REI) is a “small cap.” It’s not a dice roll because it’s a legitimate company. I do prefer something that gives you that dividend because you know, in the Investing Club, we bought Coterra Energy Inc. (NYSE:CTRA). See, that is the better one.”

Also Read: Palantir Braces For ‘More Challenging’ Macro Environment As CEO Takes Sly Dig: ‘We Weren’t Living In The Metasphere’ 

Cramer said Tesla, Inc. (NASDAQ:TSLA) has “got the worst chart I’ve ever seen, and that’s what’s driving things. I am still a believer.” People are very concerned that the company’s CEO Elon Musk has to sell a lot of Tesla’s stock to buy Twitter, he noted. Adding, “I say that Tesla is not cheap, but I’m not going to let the chart determine the fact that I think it’s a decent situation.”

Photo: Courtesy of Scott Beale on flickr

Total
0
Shares
Related Posts
Read More

GOP Candidates Trump, DeSantis & Haley: What They’ll Do, Or Not, About Cannabis Legalization If Elected

Let’s start with the frontrunner and candidate we know best after his four long years in the White House. Though the former president went back and forth on numerous issues on numerous occasions and still isn't always crystal clear on his views, let's look at his statements and glean as best we can. 

TSLA