Market Overview

Lightning Round: Jim Cramer Weighs In On Monster Beverage, General Electric And More

Share:
Lightning Round: Jim Cramer Weighs In On Monster Beverage, General Electric And More
Related MNST
As Coke Shakes Up Energy Drink Category, Monster Earns A Downgrade
Benzinga's Top Upgrades, Downgrades For November 8, 2018
Related DEA
24 Stocks Moving In Monday's Pre-Market Session
10 Notable Stocks Trading Ex-Dividend Monday, December 5

On CNBC's "Mad Money Lightning Round," Jim Cramer said Monster Beverage Corporation (NASDAQ: MNST) is a Hold. He is concerned because the PepsiCo, Inc. (NYSE: PEP) management spoke on their conference call about a weakness in the convenience store section of their business. He would not sell it, because he thinks that The Coca-Cola Co (NYSE: KO) should buy Monster Beverage Corporation.

Easterly Government Properties Inc (NYSE: DEA) is a Buy, thinks Cramer. He explained that it has a good and safe yield and he doesn't believe that the interest rates are going to skyrocket.

Cramer thinks that Consolidated Edison, Inc. (NYSE: ED) and American Electric Power Company Inc (NYSE: AEP) are better picks than Duke Energy Corp (NYSE: DUK).

Cramer's charitable trust fund owns General Electric Company (NYSE: GE). He is disappointed by the performance of the stock. He added that the management change might be the necessary shake up.

Gardner Denver Holdings Inc (NYSE: GDI) is not a Buy, believes Cramer. He thinks that crude oil is going to stop at $50. He added that the stock is a better Sell than Buy.

Latest Ratings for MNST

DateFirmActionFromTo
Nov 2018Morgan StanleyDowngradesOverweightEqual-Weight
Oct 2018JP MorganMaintainsNeutralNeutral
Oct 2018Evercore ISI GroupDowngradesOutperformIn-Line

View More Analyst Ratings for MNST
View the Latest Analyst Ratings

Posted-In: CNBCAnalyst Color Long Ideas Short Ideas Top Stories Analyst Ratings Media Trading Ideas Best of Benzinga

 

Related Articles (AEP + DEA)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
LXFTKeyBancDowngrades0.0
CPAImperial CapitalDowngrades68.0
PRMWImperial CapitalInitiates Coverage On18.0
TGTKeyBancInitiates Coverage On110.0
QCOMMorgan StanleyUpgrades0.0
View the Latest Analytics Ratings
Don't Miss Out!
Join Our Newsletter
Subscribe to:
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
Your weekly roundup of hot topics in the exciting world of fintech.
Thank You
for registering for Benzinga’s newsletters and alerts.
• The Daily Analysts Ratings email will be received daily between 7am and 10am.
• The Market in 5 Minutes email will be received daily between 7am and 8am.
• The Fintech Focus email will be received every Friday between 2pm and 5pm.

MLP ETFs Try To Master Momentum

Wall Street Is Mostly Positive On Netflix's Price Hike