What's Jim Cramer's recent prediction?
8/1/2025 12:40am
Jim Cramer, a well-known financial expert, has made several predictions recently. Here are some of his key predictions:
1. **Fortinet's Cybersecurity Solutions**: Cramer discussed Fortinet's (NASDAQ:FTNT) cybersecurity solutions, which include firewalls, secure access, AI-driven threat detection, and cloud protection. He noted that Wells Fargo raised its price target on Fortinet to $110 from $95, although the firm remains cautious on the full-year 2025 outlook.
2. **Novo Nordisk's Performance**: Cramer expressed concerns about Novo Nordisk A/S (NYSE:NVO), suggesting that incompetence might be contributing to the company's poor performance. The shares have lost 43% year-to-date and sank by 22% in July after the firm cut its full-year growth guidance.
3. **Uber's Future Value**: Cramer predicted that Uber Technologies, Inc. (UBER) is heading towards a price of $200, encouraging investors to buy more shares. He believes the company is in expansion mode and not in sell mode.
4. **Baker Hughes' Strong Performance**: Cramer highlighted Baker Hughes Company (NASDAQ:BKR) as a smart performer in the oil and gas production equipment sector. The stock has gained 9.6% year-to-date, supported by a 16% gain in July due to the firm’s latest EPS and revenue beating analyst estimates.
5. **CSX's Potential Acquisition**: Cramer mentioned that CSX Corporation (NASDAQ:CSX) might be a target for acquisition, given the trend of mergers in the railroad industry. He pointed out that Union Pacific's acquisition of Norfolk Southern has led to speculation about Burlington North's potential interest in CSX.
In summary, Cramer's recent predictions highlight a range of industries, from cybersecurity to transportation, and he provides specific stock recommendations with detailed explanations for his choices.