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Jim Cramer Recommends Selling This EV Maker's Stock, And It's Not Tesla

Published 04/01/2023, 13:24
Updated 04/01/2023, 14:41
© Reuters.  Jim Cramer Recommends Selling This EV Maker's Stock, And It's Not Tesla
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Benzinga - On CNBC’s "Mad Money Lightning Round," Jim Cramer said he wants to buy Hertz Global Holdings, Inc. (NASDAQ: HTZ) for his Charitable Trust. "I’ve actually been thinking about that," he added.

Analysts agree, Benzinga data shows a consensus Buy rating on Hertz.

When asked about Capital One Financial Corporation (NYSE: NYSE:COF), he said, "It’s always been a tough stock to own going into a slowdown."

Jim Cramer recommended selling Rivian Automotive, Inc. (NASDAQ: RIVN).

Don’t forget to check out our premarket coverage here.

"We’re going to take a real hard pass on that one," Cramer said, when asked about Standard Lithium Ltd (NASDAQ: SLI).

Price Action: Shares of Hertz Global dropped 2.4% to close at $15.02, while Capital One Financial settle at $92.97 on Tuesday. Rivian Automotive and Standard Lithium shares lost 5.9% and 3.7%, respectively during the session.

Now Read This: Inflation In This Global Region Might Peak Earlier Than In US And Europe, Market Strategist Says

Photo: courtesy of Shutterstock.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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