‘too much hype’ for C3.ai

  • It’s that time again! “Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.

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C3.AI’s year-to-date stock performance.

C3.ai: “They had a bad quarter, it was just no. No, no. I see too much hype, too much fluff, don’t want you in that stock.”

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Micron’s year-to-date stock performance.

Micron: “…Micron’s coming out of the trough, I agree with the hype. The one thing I worry about is two firms have now upgraded it, so you got a lot of hot money in it.”

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Jack Henry & Associates’ year-to-date stock performance.

Jack Henry & Associates: “It’s a very good company, but I do not want to be in the service bureau business for financials and banks right now.”

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Biohaven’s year-to-date stock performance.

Biohaven: “Now you’re really in the speculative no man’s land, and I think that if you want to, be willing to risk pretty much everything, I’m in favor of it. But you have to understand that that’s how dicey it is.”

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Sempra’s year-to-date stock performance.

Sempra: “Sempra’s doing incredibly well…If anything, I would like to buy more Sempra. I think Jeff Martin’s doing a fantastic job, it’s a really interesting situation.”

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Chart Industries’ year-to-date stock performance.

Chart Industries: “…I think it’s doing very well. It is highly valued, but I think it’s got a lot, a big book of business.”

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