Cramer’s Take on Major Healthcare and Tech Stocks Cramer’s Take on Major Healthcare and Tech Stocks

By: Alex Freidmen


On CNBC’s “Mad Money Lightning Round,” Jim Cramer expressed his sentiments on various stocks.

Healthcare and Biotech Stocks

Cramer recommended Realty Income O, noting its stability. When asked about ImmunoGen, Inc. IMGN, he mentioned its association with AbbVie ABBV and recommended moving on. He also shared his perspective on these stocks: Ramaco Resources, Inc. METC, Bitfarms Ltd. BITF, and Micron Technology, Inc. MU.

Tech Stocks

Cramer also offered insights into tech-related stocks, such as Coherent Corp. COHR, GE HealthCare Technologies Inc. GEHC, TKO Group Holdings, Inc. TKO, and Arm Holdings plc ARMH.

On Nov. 8, Arm Holdings will report earnings for the first time since its initial public offering in September.

Finally, Cramer mentioned he is not keen on Teva Pharmaceutical Industries Limited TEVA.

Price Actions

Regarding the price actions, Teva’s shares gained 4.1%, while Arm Holdings’ fell 2% to $67.05 on Friday. TKO fell 0.3% to settle at $78.63, while GE HealthCare gained 0.1% to $76.62. Coherent shares gained 1.4% to settle at $41.17, while Micron rose 0.9% to close at $83.45 on Friday. Bitfarms shares fell 7.2%, while Ramaco Resources fell 1.2%. ImmunoGen shares gained 0.4%, while AbbVie gained 0.4% on Friday. Shares of Realty Income rose 0.4% to close at $57.92 during Friday’s session.

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