Cramer's Buy Alert: New Fortress Energy

What’s going on here?

Jim Cramer, a well-known stock market analyst, shares his opinions on various companies during his “Lightning Round,” advising on which stocks he thinks are worth buying or avoiding. He comments on the performance and prospects of several companies, including Palantir, UiPath, Schlumberger, Unity Software, and New Fortress Energy. Each company is assessed briefly, with Cramer providing a straightforward buy or hold opinion based on the current market conditions and future outlooks.

What does this mean?

Cramer’s assessments offer a snapshot of his views on these companies:

• He sees potential in Palantir, expecting its stock to rise.
• He’s hesitant about UiPath, indicating a lack of confidence in companies not performing well (described metaphorically as “not in clover”).
• He appreciates Schlumberger’s position, especially its international aspect, but is cautious of the oil and gas sector’s broader challenges.
• For Unity Software, Cramer is waiting for further assurance in the form of a positive narrative from the company’s association with Jim Whitehurst before deeming it a buy.
• He explicitly recommends New Fortress Energy as a buy, suggesting confidence in its market position and future performance.

Why should I care?

Cramer’s insights can serve as a valuable resource for investors looking for direction in a volatile stock market. His experience and perspective can help inform investment decisions:

• Palantir’s endorsement signifies potential growth that investors might want to capitalize on.
• The caution expressed about UiPath and the oil and gas sector (with specific mention of Schlumberger) could guide investors to reconsider investments in these areas or proceed with caution.
• The conditional recommendation for Unity Software highlights the importance of leadership and company narrative in investment decisions.
• New Fortress Energy receives a straightforward buy recommendation, suggesting it could be a strong addition to an investment portfolio looking to diversify or strengthen in the energy sector.

These snapshots of analysis provide a basis for further investigation and investment consideration based on Cramer’s seasoned perspective.

For more information, check out the original article here.