Jim Cramer Says He’s ‘Kind of Wary’ of Maplebear Inc. (CART)
From Yahoo Finance: 2025-05-14 16:34:00
Jim Cramer recently discussed the market rally and emphasized the importance of earnings following the US-China trade agreement rollback. He encouraged viewers to stay invested and highlighted the market performance in Europe. Cramer advised against trying to time the market and stressed the benefits of staying invested. A list of 10 stocks mentioned on Mad Money was compiled, with performance analysis over the past 12 months and hedge fund sentiment included. Hedge funds’ stock picks have outperformed the market significantly, showcasing the potential for high returns.
Maplebear Inc. (NASDAQ:CART), the parent company of Instacart, faced stock drops despite strong quarterly results due to competitive risks in the grocery delivery space. Cramer expressed hesitation, citing Amazon’s entry into the market. However, CART stock rose by 27.51% over the next twelve months. CART ranks 6th among the stocks discussed by Cramer, with potential for investment but overshadowed by other AI stocks with higher return potential. Looking for a promising AI stock trading at less than 5 times its earnings? Check out the report on the cheapest AI stock with a potential 10,000% upside. For more AI stock options, explore the 20 Best AI Stocks To Buy Now and the 30 Best Stocks to Buy Now According to Billionaires. This article is originally published on Insider Monkey.
Read more at Yahoo Finance: Jim Cramer Says He’s ‘Kind of Wary’ of Maplebear Inc. (CART)