Key insights
- Cramer expressed caution on Planet Labs, citing excessive price increases. He gave a qualified endorsement of Symbiotic, acknowledging competition with Elon Musk but suggesting limited investment. He voiced concern about Ollie's Bargain Outlet's recent performance and advocated for direct Bitcoin investment over derivative strategies. Overall, the comments offer mixed signals with a slight negative tilt.
In this article
Symbiotic: "You're a high schooler, and I would tell you that this is a company that is an automation company and a robotic company. You are going up against Elon Musk, but there's room for both. So I'm going to bless Arjun to buy a few, a couple of shares, not more."
Planet Labs: "It's just up way too much, just going up on the same stuff over and over and over again. We're gonna say, no, we're not going to pay these prices."
Ollie's Bargain Outlet: "I have to tell you, I got to do more work. This is the first time I've ever seen this stock down...And we're not going to just give you some blithe answer, just saying, 'hey, don't worry about it.' We are going to check on Ollie's. Maybe we need to do a field trip."
Strategy: "We buy the Bitcoin. We don't need Strategy, that's too derivative. We just go buy bitcoin. If we want to have Bitcoin exposure, we buy bitcoin."
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