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Roblox Stock: Jim Cramer s Bull Thesis Author: How s Roblox looking? While there might not be a lot of love for turbo-charged growth stocks left on Wall Street, some companies defy the trend, Cramer told viewers. Case in point, Roblox ( RBLX) - Get Report, the online gaming platform that s proven to be a lot more than just a COVID winner, wrote TheStreet s Scott Rutt in his Mad Money recap. After a strong debut via direct listing, shares of Roblox had seemingly stalled as many investors assumed the game maker had little to offer as our economy reopened. But after another strong quarter, shares shot up another 8.1% Monday, prompting Cramer to reiterate his position. ....
Jim Cramer discusses Disney ( COIN) - Get Report earnings, why he likes Plug Power ( PLUG) - Get Report, his thoughts on Elon Musk and Dogecoin and his thoughts on the markets in the video below: Disney Earnings Disney reported earnings of 79 cents per share, a 32% increase year-over-year, on revenue of $15.61 billion. Analysts were expecting Disney to report earnings of 26 cents per share on revenue of $15.86 billion. We’re pleased to see more encouraging signs of recovery across our businesses, and we remain focused on ramping up our operations while also fueling long-term growth for the Company, said Disney CEO Bob Chapek. ....
Why Jim Cramer Sold Some Ethereum, His Warning on Dogecoin Author: 53 Dogecoin has been quickly surging in popularity and price as investors jump into the cryptocurrency based on a meme that was originally created as a joke. Dogecoin is surging because many cryptocurrency traders do not want to miss out on any buzz that stems from Elon Musk’s hosting of Saturday Night Live. Also known as the Dogefather, Musk will undoubtedly have a sketch on cryptocurrencies that will probably go viral for days and further motivate his army of followers to try to send Dogecoin to the moon, wrote Edward Moya, senior market analyst at OANDA. on Tuesday, May 4. ....