Benzinga and Yahoo Finance LLC may earn commissions or revenue from some articles via the links below.
On CNBC's “Mad Money Lightning Round,” Jim Cramer said that Wells Fargo & Company (NYSE:CFM) will rise further, adding that He is a “winner”.
On September 17, the San Francisco-based bank launched specialized application programming interfaces (APIs) for its commercial banking clients, expanding its API portfolio.
These APIs provide access to real-time data aimed at increasing sales, improving liquidity, reducing credit risk and cutting expenses for channel finance and floor plan customers. in various industries.
Current trends:
“It's had too much of an upward move,” Cramer said when asked about Iron Mountain Incorporated (NYSE:MRI) “Let's move on.”
On August 1, Iron Mountain reported better-than-expected second-quarter financial results and issued a fiscal 2024 AFFO guidance above estimates. Additionally, the company raised its quarterly dividend.
Palantir Technologies Inc. (NYSE:PLTR) is a “cold” action, Cramer said.
On September 17, the company signed a multi-year, multi-million dollar contract with Nebraska Medicine. Under the agreement, Palantir will use its Artificial Intelligence Platform (AIP) to improve healthcare through transformative technologies.
The “Mad Money” host recommended buying PG&E Corporation (NYSE:PCG). “That action is good, with or without rate increases,” he added.
On September 12, B of A Securities analyst Ross Fowler reinstated PG&E with a Buy rating and announced a $24 price target.
Continue reading:
This article Jim Cramer: 'This utility stock is a buy' and calls Wells Fargo a 'winner' Originally appeared in Benzinga.com
