Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Gap : Shares rose more than 2% after Cowen upgraded the retailer's stock to a buy rating. " Richard Dickson is doing a remarkable job" in turning the company around, Jim Cramer said. "People continue to underrate him because he's kind of up from nowhere. I think that's nonsense. He's got a good style, good judgment." The CNBC Investing Club owns T.J.
"Let me tell you something: That hit that they'll have will last 90 seconds," Cramer quipped, alluding to the strong demand for cloud computing services due to artificial intelligence. The Investing Club owns fellow cloud computing providers Microsoft , Amazon and Alphabet . SolarEdge : Shares tumbled 15% after the company announced an offering of $300 million convertible senior notes. "They're too levered to the consumer," Cramer said.
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Source: CNBC - 🏆 12. / 72 Read more »