On CNBC's “Mad Money Lightning Round” Jim Cramer I recommend purchasing either Ethereum (Crypto: ETH) or buy Bitcoin (Crypto: BTC), in case you want to own it. Marathon Digital Holdings Co., Ltd. (NASDAQ:MARA). “Let’s stop fooling around,” he added.
On April 10, JPMorgan analyst Reginald Smith maintained an underweight rating on Marathon Digital and raised his price target from $16 to $16.50.
When asked about ExxonMobil Corporation (NYSE:XOM), he said, “It's parabolic movement, my friend. We don't like parabolic movement. This is a very good example.”
On April 15, ExxonMobil signed a major contract. Technip FMC plc (NYSE:FTI) Stabroek Block in Guyana. TechnipFMC will supply the subsea production system to the Whiptail project.
“When it comes to data centers, I'm tempted to say that no utility company can profit from them. They're better off buying them.” Vertive (NYSE:VRT) or Eaton (NYSE:ETN).
“That's the way to do it,” the “Mad Money” host said when asked. New Scale Power Co., Ltd. (NYSE:SMR).
On March 14, NuScale Power reported fourth-quarter 2023 revenue of $4.6 million, an increase of 35.3% year-over-year, but below analyst consensus estimates of $9.975 million.
Price action:
- ExxonMobil stock fell 0.1% on Wednesday, settling at $118.63.
- Marathon Digital stock rose 0.2% to close at $14.63 on Wednesday.
- NuScale Power stock fell 0.8% during Wednesday trading, settling at $4.93.
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