OPINION: Jim Cramer: NIO, DIDI and PLTR. How are they going after his Buy Ratings?

Jim said to sell NIO when it was at $2.71. Jim said to buy NIO at $65 in January 2021, at all time highs. And finally, Jim said to sell NIO in December 2021 at $32. Seems confusing, no?

Jim Cramer, the host of Mad Money on CNBC, is famous for some controversial ratings like:

Advertisements

NIO

(January 2021) NIO “NIO is the Chinese TESLA. Buy NIO.” – Jim said this on CNBC in January 2021 when NIO was at $66 (All-Time-High Levels at $66.99) and 11 months later, the Chinese EV made a new 52 Week Low under $28. But we have more. On Dec. 13th 2021, Jim was asked about the risk of the company being delisted from the US and he answered:

NIO is too risky, I would get out and get out soon!

Jim Cramer – Mad Money (Dec. 13, 2021)

History of his relationship with NIO is pretty confusing: Sell at $2.71, then Buy at $66 and then Sell at $32 a year later.

Source: CNBC

DIDI

The “Chinese UBER” has its IPO in late June 2021 and Jim had no doubts:

(June 28, 2021) “If you want to speculate on a Chinese IPO, you’ve got my blessing to bet on DIDI. Buy as many shares as you can.” – he said on CNBC. (Left side image)

What happened to DIDI since that rating? Well, a huge slump from $18 to $5.60 six months later. (Right side image)

Advertisements

PALANTIR

PALANTIR (September 17, 2021): “They are very good company and I say you should buy Palantir.” – Preciding a Bear Movement from $29 to $18 only three months later.

Latest from the Blog

Mullen stock under pressure after company missed deadline to announce the F500 deal

Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter The second quarter of the year ended on Thursday and Mullen Automotive didn’t unveiled the Fortune 500 company that will buy “a lot of” vans, as the CEO David Michery said in late March. On the last day of the quarter, Mullen said it was […]

CATL confirms its CTP 3.0 Battery technology can charge 80% in 5 minutes

Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter Last week, the giant battery maker CATL launched Qilin, the third generation of its CTP (cell-to-pack) technology capable of delivering a range of over 1,000 km in a breeze and are expected to be mass produced and come on the market in 2023. Qilin features […]

NIO’s CEO reacts to the new monthly Delivery record saying “Let’s keep powering up!”

Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter NIO announced on Friday that delivered 12,961 units in June 2022 setting a new monthly record. On the official app, the CEO William Li reacted to the compliments from NIO users saying, “Thank you all for your support! Let’s keep powering up!”. The EV maker delivered […]