Cramer Says T-Mobile Is Being 'Hurt By The Death Star That's Elon Musk'
Avi Kapoor 10 months ago
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Jim Cramer recommends Enterprise Products Partners, maintains Lumentum and DuPont, but worries about T-Mobile due to Elon Musk's influence.
On CNBC's “Mad Money Lightning Round,” Jim Cramer said he likes Enterprise Products Partners LP (NYSE:EPD). “That's the one you want to be in,” he added.
On Dec. 2, Morgan Stanley analyst Robert Kad maintained an Equal-Weight rating on EPD and raised the price target from $33 to $34.
Lumentum Holdings Inc (NASDAQ:LITE) has had “such a run,” Cramer said. “I can't say yes to that.”
On Dec. 4, Rosenblatt analyst Mike Genovese maintained a Buy rating on Lumentum and raised the price target from $280 to $380.
Jim Cramer recommended not selling DuPont de Nemours Inc (NYSE:DD).
On Nov. 6, DuPont reported third-quarter 2025 results that exceeded Wall Street expectations but reduced its full-year outlook. Adjusted EPS came in at $1.09, beating the $1.06 estimate, while revenue rose 7% to $3.07 billion from $2.86 billion a year earlier, ahead of the $2.90 billion consensus.
T-Mobile US Inc (NASDAQ:TMUS) is being “hurt by the death star that's Elon Musk, and, I have to tell you, I would be worried too,” Cramer said. “I have to wait, it has not settled down yet.”
Goldman Sachs analyst Michael Ng, on Dec. 12, maintained T-Mobile with a Buy and lowered the price target from $287 to $251.
Price Action:
- Enterprise Products Partners shares fell 0.3% to settle at $32.13 on Friday.
- Lumentum shares dipped 12.8% to close at $324.35.
- T-Mobile shares slipped 0.1% to settle at $195.16 on Friday.
- DuPont shares fell 1.4% to close at $40.93.
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