Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Jim Cramer Deems This 5% Yield Stock 'Too Risky For Me': He Prefers These 2 Alternatives

Author: Lisa Levin | June 20, 2023 08:46am

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Dominion Energy, Inc. (NYSE:D) with a 5% yield is a "little too risky for me… I prefer American Electric Power Company Inc (NASDAQ:AEP) or I prefer Duke Energy Corp (NYSE:DUK)."

Cramer said he likes UiPath Inc. (NYSE:PATH). The stock is "making a pivot to being profitable from being unprofitable. Once they make that pivot, you know I’m on board," he added.

The "Mad Money" host said he likes the 3.7% yield of Rayonier Inc. (NYSE:RYN). "I think they’re onto something, the stock is down way too big, it’s quality," he added.

When asked about RadNet, Inc. (NASDAQ:RDNT), he said, "Everything you just told me about it tells me that I got to look at it. I remember it as a money-losing company, and I’ve not paid enough attention to it. But that’s going to change starting on Tuesday."

Don’t forget to check out our premarket coverage here

Cramer said Pioneer Natural Resources Company (NYSE:PXD) is "mostly oil, not natural gas…It does have a nice yield, and it’s got the highest and best, lowest cost, the highest quality oil in the Permian."

Price Action: Shares of Pioneer Natural Resources gained 1.7% to close at $206.80, while RadNet gained 2.7% to $31.38 on Friday. Rayonier shares fell 0.2% to $30.78, while UiPath lost 3.5% to $18.10. Dominion Energy shares gained 0.9% to settle at $53.33 on Friday.

Now Read This: $3.8M Bet On This Energy Stock? Check Out These 3 Stocks Insiders Are Buying

Photo: Shutterstock

 

Posted In: AEP D DUK PATH PXD RDNT RYN

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist