Crispr Therapeutics: "They're estimated to lose a lot of money. But more importantly, this is the kind of company right now that is so out of favor th
Crispr Therapeutics: “They’re estimated to lose a lot of money. But more importantly, this is the kind of company right now that is so out of favor that, unless you are willing to take a beating, which I do not encourage, I think you have to take a pass on it.”
American Airlines: “It’s losing a lot of money. We’re not recommending stocks that are losing a lot of money unless they can come to profitability … within the next year, at least.”
Uber Technologies: “I need straight out earnings to recommend a stock on this show, because my job is to preserve wealth during a period of tremendous turbulence and then to make wealth when we have the opportunity.”
AbbVie: “Still cheap, still got a good dividend. Large, large position for the Investing Club, and I say stay long.”
Sirius XM: “I think it’s inexpensive. I think the problem is that used car [prices] …. have gone up so high that people aren’t buying enough cars. But it will happen. At $6 [per share], I like it.”
Disclosure: Cramer’s Charitable Trust owns shares of AbbVie.
Sign up now for the CNBC Investing Club to follow Jim Cramer’s every move in the market.
www.cnbc.com