Jim Cramer endorses Reddit and Accenture on Mad Money
- Jim Cramer recommended buying shares of Reddit and Accenture during his show on October 9, 2024.
- He advised against investing in Super Micro Computer and expressed skepticism about Nextracker.
- Cramer's insights reflect a cautious yet optimistic approach to the current stock market.
On October 9, 2024, during an episode of CNBC's 'Mad Money Lightning Round,' Jim Cramer provided his insights on various stocks. He recommended buying shares of Reddit, which had recently gone public, despite its current price of $71 per share. Cramer also expressed a favorable view on Accenture, labeling it a 'great buy' at its closing price of $365.08. He advised against purchasing Super Micro Computer, citing its complexity, and instead suggested Nvidia as a better investment. Cramer also mentioned McCormick & Company as a solid choice for investors. In contrast, he expressed skepticism about Nextracker, indicating it might be a poor investment choice. Overall, Cramer's recommendations reflect a mix of optimism for certain tech stocks and caution for others, highlighting the volatility and challenges in the current market environment.