Jim Cramer Is Bullish On This Tech Stock: 'Continue To Own It'
Avi Kapoor 10 months ago
Analyst Color
"I can't say enough about how great the trajectory of this company is," Cramer said. "I think you should own it, continue to own it."
On CNBC's “Mad Money Lightning Round,” Jim Cramer said NetApp, Inc. (NASDAQ:NTAP) is an “ok company.”
On the earnings front, NetApp, on Nov. 25, reported better-than-expected second-quarter financial results and raised its FY26 adjusted EPS guidance. NetApp reported quarterly earnings of $2.05 per share, which beat the consensus estimate of $1.89. Quarterly revenue came in at $1.71 billion, which beat the Street estimate of $1.69 billion.
Cramer recommended buying Rubrik, Inc. (NYSE:RBRK). “I can't say enough about how great the trajectory of this company is. I think you should own it, continue to own it,” he added.
Lending support to his choice, Rubrik, on Dec. 4, reported better-than-expected third-quarter financial results and issued fourth-quarter guidance above estimates. Also, the company raised its FY26 guidance above estimates.
Cramer said no to Patterson-UTI Energy, Inc. (NASDAQ:PTEN).
Supporting his view, JPMorgan analyst Arun Jayaram, on Dec. 10, downgraded Patterson-UTI Energy from Neutral to Underweight and lowered the price target from $7 to $6.
FuboTV Inc. (NYSE:FUBO) had had a “big run, and I don't think there's any need to pile on at this price. I think it's just too high,” Cramer said.
FuboTV reported earnings for the third quarter of 2025 on Nov. 3. Revenue of the sports-first live TV streaming platform declined 2.3% year-over-year (Y/Y) to $377.20 million, topping the analyst consensus estimate of $361.33 million.
Price Action:
- NetApp shares slipped 0.9% to settle at $110.90 on Monday.
- Rubrik shares gained 2% to close at $79.71 on Monday.
- Patterson-UTI Energy shares rose 1% to close at $5.89.
- FuboTV shares fell 2.2% to settle at $2.65 on Monday.
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