Jim Cramer’s Thoughts on Boeing, Etsy, Moderna, Rivian, Royal Caribbean, Southwest

Jim Cramer, a well-respected figure in the finance and economics field, recently shared his insights on some notable companies. Let’s take a closer look at what he had to say about Boeing, Etsy, Moderna, Rivian, Royal Caribbean, and Southwest.

Boeing: Leadership Change and Government Support

Boeing, the aircraft manufacturer, recently underwent a change in leadership for its embattled 737 Max program. Despite this, Cramer believes that what matters most is the leadership at the top, which is the only leadership the government cares about. While the stock experienced a slight dip, it remains an influential player in the industry.

Etsy: Challenging Times Ahead

Etsy, the online marketplace for handmade goods, faced some challenges recently. With an 8% drop in shares due to an earnings miss and weaker-than-anticipated guidance, Cramer suggests that activists might have the ability to make a positive impact. However, he expresses concerns about the lack of growth in gross merchandise and questions the company’s claim of a trough.

Moderna: A Surprising Success

Moderna, the pharmaceutical company, surprised investors with a profitable quarter and higher-than-expected revenue. Despite being written off by many, Moderna’s new vaccine shows great promise, particularly with its flu and COVID-19 combination. As a result, the stock experienced a notable 9% increase.

Rivian: Setbacks and Reassurances

Rivian, an electric vehicle (EV) manufacturer, faced a significant setback when its shares dropped by 27% following a production forecast that fell short of expectations. During the post-earnings conference call, CEO RJ Scaringe came under fire. However, Cramer highlights Scaringe’s reassurances that the company is still in good shape.

Royal Caribbean: Strong Demand for Cruising

While reporting its earnings three weeks ago, Royal Caribbean, the cruise line, surprised the market by raising its guidance due to robust booking demand. This news led to an 8.5% jump in the company’s stock. Cramer commends Royal Caribbean, emphasizing the positive outlook for the cruise industry as people resume traveling.

Southwest Airlines: A Favorable Position

Cramer also expresses his admiration for Southwest Airlines, as he believes the company is in a favorable position. With the stock experiencing a roughly 1% increase, Cramer sees potential in Southwest as travel demand continues to improve.

In conclusion, Jim Cramer offers valuable insights into the recent developments of Boeing, Etsy, Moderna, Rivian, Royal Caribbean, and Southwest. His expertise provides valuable perspectives for investors and individuals interested in the finance and economics landscape.

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