financetom
Technology
financetom
/
Technology
/
Jim Cramer 'Takes A Pass' On This Money-Losing Utilities Stock
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Jim Cramer 'Takes A Pass' On This Money-Losing Utilities Stock
Jul 16, 2025 5:36 AM

On CNBC's “Mad Money Lightning Round,” Jim Cramer said Fluence Energy, Inc. ( FLNC ) is losing a lot of money and is down 50%. “I'm going to have to take a pass on that name,” he added.

Mizuho analyst Maheep Mandloi supports Cramer’s view. On July 14, Mandloi downgraded Fluence Energy ( FLNC ) from Outperform to Neutral but raised the price target from $6 to $10.

Regarding Taiwan Semiconductor Manufacturing Company Limited ( TSM ) , Cramer would “rather just see what they report at this point.”

The contract chipmaker, on July 10, reported revenue of about 263.71 billion New Taiwan dollars (US$8.3 billion) for the month. This represents a 17.7% decrease from May 2025 but a 26.9% increase compared to June 2024.

Cramer said, at this point, he would wait for GE Vernova Inc. ( GEV ) to come in.

Citigroup analyst Andrew Kaplowitz, on July 14, maintained GE Vernova ( GEV ) with a Neutral rating. He also raised the price target from $354 to $544.

When asked about Nebius Group N.V. ( NBIS ) , Cramer said, “Just buy CoreWeave ( CRWV ) , don't deviate.”

On July 14, Goldman Sachs analyst Alexander Duval initiated coverage on Nebius Group ( NBIS ) with a Buy rating and announced a price target of $68.

Quantum Computing Inc ( QUBT ). is a “money-losing company, and if we get rid of the fervor for the moment about quantum, you'll be buying that $17 stock at $7. And that's what I worry about the most,” Cramer said.

As per the recent news, the firm, on July 15, disclosed that a top-five U.S. bank placed an order for its quantum communication platform, valued at approximately $332,000. This deal marks the company's first commercial sale of its quantum security technologies in the domestic market.

Price Action:

Fluence shares gained 4.8% to settle at $8.32 on Tuesday.

GE Vernova ( GEV ) shares rose 0.8% to close at $559.61.

Nebius ( NBIS ) shares gained 3% to settle at $53.53 on Tuesday.

Taiwan Semiconductor shares gained 3.6% to close at $236.95.

Quantum Computing ( QUBT ) shares dipped 6.7% to settle at $17.67 on Tuesday.

Read Next:

Top 2 Tech & Telecom Stocks That May Keep You Up At Night This Month

Image: Shutterstock

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Evaluating Dave: Insights From 6 Financial Analysts
Evaluating Dave: Insights From 6 Financial Analysts
May 28, 2024
In the last three months, 6 analysts have published ratings on Dave ( DAVE ) , offering a diverse range of perspectives from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 6...
Behind the Scenes of Marvell Tech's Latest Options Trends
Behind the Scenes of Marvell Tech's Latest Options Trends
May 28, 2024
Financial giants have made a conspicuous bullish move on Marvell Tech. ( MRVL ) Our analysis of options history for Marvell Tech ( MRVL ) revealed 35 unusual trades. Delving into the details, we found 77% of traders were bullish, while 14% showed bearish tendencies. Out of all the trades we spotted, 14 were puts, with a value of $1,236,880,...
Israel's Elbit reports strong quarter but shares weaken amid Gaza war backlash
Israel's Elbit reports strong quarter but shares weaken amid Gaza war backlash
May 28, 2024
JERUSALEM, May 28 (Reuters) - Israeli defence electronics firm Elbit Systems reported higher first-quarter sales and earnings on Tuesday on strong wartime demand and said it would hit a $7 billion sales target ahead of schedule. Elbit, one of Israel's largest defence contractors, supplies products ranging from drones to training simulators, artillery fire control systems and surveillance equipment and has...
Musk's Neuralink registers brain implant study on US government database
Musk's Neuralink registers brain implant study on US government database
May 28, 2024
(Reuters) - Elon Musk's brain-chip startup Neuralink has registered details about a study evaluating its device in patients on the U.S. government's database of clinical trials. Neuralink is testing its implant to give paralyzed patients the ability to use digital devices by thinking alone, a prospect that could help people with spinal cord injuries. The study was registered as a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved