Cramer's lightning round: Up to 5% of your portfolio should be in crypto
"Mad Money" host Jim Cramer answers callers' stock and investment questions at rapid speed during Wednesday's edition of the lightning round. Subscribe to CNBC Pro to access the full episode of Mad Money: https://cnb.cx/2XRarxq
Applied Materials: “I love the quarter. Don’t be confused. It’s buyable, especially with Micron rallying today. I have to tell you, I think that quarter was excellent, and people who were selling the stock actually did not know what they were doing.”
Coinbase Global: “I think Coinbase is inexpensive. I don’t really care for management because I think they let out a lot of stock when they started. I was against that. They should’ve been buyers, not sellers. I think the listing went very, very poorly. I think the company is the .. natural repository of crypto. I will also say this, though, I own Ethereum directly. I think you should have up to 5% of your portfolio in crypto. I am a believer in crypto.”
Match Group: “I didn’t think the quarter was nearly as bad as the sellers said, and I think the company is really worthwhile. Maybe what we have to do is just revisit it, but I think that everything we’ve said about it — and we’ve liked it for some time — I reiterate. I like it very much, but don’t forget I also like Bumble.”
Royalty Pharma: “What is that stock doing under $40? I was thinking about doing a segment on that stock, because that is so cheap versus what I’m seeing in the actual field. They own a lot of stocks, and you should buy it.”
Mitek Systems: “The volume is very low. The fact that the company is doing incredibly well matters to me. I think it’s a buy. I don’t understand why someone hasn’t taken a run at that company already.”
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Видео Cramer's lightning round: Up to 5% of your portfolio should be in crypto канала CNBC Television
Applied Materials: “I love the quarter. Don’t be confused. It’s buyable, especially with Micron rallying today. I have to tell you, I think that quarter was excellent, and people who were selling the stock actually did not know what they were doing.”
Coinbase Global: “I think Coinbase is inexpensive. I don’t really care for management because I think they let out a lot of stock when they started. I was against that. They should’ve been buyers, not sellers. I think the listing went very, very poorly. I think the company is the .. natural repository of crypto. I will also say this, though, I own Ethereum directly. I think you should have up to 5% of your portfolio in crypto. I am a believer in crypto.”
Match Group: “I didn’t think the quarter was nearly as bad as the sellers said, and I think the company is really worthwhile. Maybe what we have to do is just revisit it, but I think that everything we’ve said about it — and we’ve liked it for some time — I reiterate. I like it very much, but don’t forget I also like Bumble.”
Royalty Pharma: “What is that stock doing under $40? I was thinking about doing a segment on that stock, because that is so cheap versus what I’m seeing in the actual field. They own a lot of stocks, and you should buy it.”
Mitek Systems: “The volume is very low. The fact that the company is doing incredibly well matters to me. I think it’s a buy. I don’t understand why someone hasn’t taken a run at that company already.”
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast
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Видео Cramer's lightning round: Up to 5% of your portfolio should be in crypto канала CNBC Television
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