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On CNBC’s “Mad Cash Lightning Spherical,” Jim Cramer stated Dominion Power, Inc. (NYSE:D) is a purchase. “We’d like low-cost energy,” he famous.
On Sept. 19, Jefferies analyst Paul Zimbardo initiated protection on Dominion Power with a Maintain score and introduced a value goal of $58.
Cramer stated he likes Dutch Bros Inc. (NYSE:BROS). “I’m glad that they slowed their growth,” he added.
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On Sept. 12, TD Cowen analyst Andrew Charles reiterated Dutch Bros with a Purchase and maintained a $47 value goal.
When requested about Tremendous Micro Laptop (NASDAQ:SMCI), he stated, “I have to see the financials filed.”
On Sept. 20, Tremendous Micro Laptop introduced the receipt of non-compliance letter from the Nasdaq.
LyondellBasell Industries N.V. (NYSE:LYB) will not be a inventory that he’s recommending, Cramer stated.
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On Sept. 13, JPMorgan analyst Jeffrey Zekauskas maintained LyondellBasell Industries with an Obese score and lowered the worth goal from $113 to $110.
On Aug. 2, LyondellBasell reported second-quarter fiscal 2024 revenues of $10.55 billion, up from $10.306 billion a 12 months in the past, beating the consensus of $10.44 billion. Adjusted EBITDA stood at $1.37 billion (-5.3% Y/Y), and the margin contracted by 107 bps to 13%. Adjusted EPS stood at $2.24, beating the consensus of $2.23.
Value Motion:
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Dominion Power shares gained 0.8% to settle at $57.93 on Friday.
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Dutch Bros shares gained 0.2% to shut at $34.92 throughout the session.
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Tremendous Micro Laptop shares gained 4.6% to shut at $457.27 throughout Friday’s session.
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LyondellBasell shares fell 2.1% to settle at $94.04 on Friday.
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This text Jim Cramer Says This Utilities Inventory Is A Purchase: ‘We Want Low-cost Energy’ initially appeared on Benzinga.com