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On CNBC’s “Mad Money Lightning Round.” Jim Cramer really helpful buy Symbolic (NYSE:SYMBOL). He added: “This is a extremely popular sector. The excellent news right here, this firm makes money.”
On Nov. 18, Symbotic reported quarterly earnings of 5 cents per share, which beat analysts’ consensus estimate of three cents. Quarterly income got here in at $576.76 million, beating analysts’ consensus estimate of $470.27 million and representing a rise over gross sales of $391.88 million from the identical interval final 12 months .
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When requested about TetraTech, Inc. (NASDAQ:TT), stated: “I did not assume the quarter can be that dangerous. I’m really inclined to purchase, not promote TTEK.”
On Nov. 13, Tetra Tech reported worse-than-expected fourth-quarter earnings per share.
Linde plc (NASDAQ:LIN) is a “implausible” firm, Cramer stated. “It’s not a speculative inventory, it is an incredible firm.”
On Oct. 31, Linde reported third-quarter monetary outcomes and issued steerage for fiscal 2024 adjusted EPS that fell wanting estimates.
“This inventory has principally gone up and, you realize what, it hasn’t been executed,” Cramer stated when requested about Brookfield Corporation (NYSE:BN). Shares are up greater than 75% over the previous 12 months.
On Nov. 14, Brookfeld reported better-than-expected third-quarter adjusted earnings per share
Price Action:
Symbotic shares fell 13.4% to $24 on Tuesday.
Tetra Tech shares fell 0.11% to shut at $41.47.
Linde shares gained 0.52% to shut at $457.12.
Brookfield shares rose 1.29% to $61.37 on the session.
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