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Jim Cramer Says This Major Telecom Stock Is 'Horrendous'

Published 24/08/2023, 14:16
© Reuters.  Jim Cramer Says This Major Telecom Stock Is 'Horrendous'
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Benzinga - by Priya Nigam, Benzinga Staff Writer.

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he actually likes Acushnet Holdings Corp. (NYSE: GOLF), adding that his pal told him that "gold is hot."

Hawaiian Electric Industries, Inc. (NYSE: HE) is "way too risky," Cramer said. "I think you've got to be very careful."

Cramer said he doesn’t know about Aehr Test Systems (NASDAQ: AEHR) and needs to do some work on it.

The "Mad Money" host said AT&T Inc. (NYSE: T) is "horrendous."

When asked about RadNet, Inc. (NASDAQ: RDNT), Cramer said he loves the company.

Don’t forget to check out our premarket coverage here

Price Action: Shares of Radnet rose 1.6% to close at $31.59, while AT&T fell 0.7% to $14.16 on Wednesday. Aehr Test Systems shares gained 6% to settle at $42.68, while Hawaiian Electric fell 9.4% to close at $12.11 during Wednesday’s session. Acushnet shares gained 1.2% to settle at $57.83 on Wednesday.

Now Read This: Investor Optimism Improves Further After Nasdaq Gains For Three Straight sessions

Photo: Shutterstock

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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