Jun. 2 at 1:24 AM
During CNBC’s Lightning Round, Jim Cramer expressed a positive view on ZIM Integrated Shipping Services, citing attractive shipping-sector fundamentals and the stock’s roughly 14% dividend yield. He said he would buy shares, noting that recent geopolitical developments have made shipping companies more valuable than he previously expected.
Cramer was also constructive on BlackBerry, highlighting its automotive technology business and saying he believes the stock can move higher. On D-Wave Quantum, he suggested upcoming enthusiasm around the public debut of quantum-computing company Quantinuum could provide a near-term boost to the stock.
In contrast, Cramer warned investors to avoid Power Solutions International after its disappointing quarterly results, recommending that shareholders cut losses and wait for evidence of improvement. He also described Eagle Nuclear Energy as a highly speculative investment and cautioned against making large bets on the stock.
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