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Cramer's Lightning Round: 'I'm Not a Fan of Novavax'

AInvestMonday, Dec 9, 2024 7:17 pm ET
3min read


In the ever-evolving world of investing, it's crucial to stay informed about the opinions of industry experts. Jim Cramer, host of CNBC's "Mad Money," recently shared his thoughts on Novavax (NVAX) in his Lightning Round segment, expressing his disinterest in the company. This article delves into Cramer's perspective, compares it with other analysts' views, and explores the financial metrics he might be focusing on.



Cramer's negative sentiment towards Novavax contrasts with the company's recent financial performance and market trends. In Q3 2024, Novavax reported a net loss of $0.76 per share and $84.5 million in revenue, beating estimates but cutting guidance due to lower COVID-19 vaccine sales. Despite this, the company's stock price has been volatile, with a 52-week range of $3.53 to $23.86, indicating investor interest. Analysts maintain a "Moderate Buy" rating, with a 1-year price target of $16.00, suggesting potential upside (TipRanks).



Cramer's concerns about Novavax might be related to the uncertainty in sustained demand for COVID vaccinations and regulatory challenges, as highlighted by bears in TipRanks. However, the company's strategic partnerships and collaborations, along with its financial and operational strength, could drive future growth.

In conclusion, while Jim Cramer's opinion on Novavax may differ from other analysts, it is essential to consider the company's recent financial performance and market trends. Investors should weigh the potential risks and rewards before making investment decisions. As always, it is crucial to maintain a balanced portfolio, combining growth and value stocks, and not hastily selling strong, enduring companies like Novavax during market downturns.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.