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Jim Cramer Dives Into Cannabis and IBM Earnings

May 12, 2023
in Trade Tube
Reading Time: 1 min read
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We all know that Jim Cramer feels bullish on the cannabis sector, but do we know why?

Cramer dives into the sector as a whole and takes a larger look at why he thinks it could be a multi-billion dollar industry in a couple of years.

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On Saturday, Oct. 13, Cramer sat down with Canopy Growth CEO Bruce Linton and Constellation Bill Newlands to discuss the partnership between the companies and how the two plan to team up to produce cannabis-infused beverages.

The kicker? There will be no alcohol in the beverages. Many people may not have known that until Cramer asked Newlands directly about it.

The fun doesn’t stop there however, Cramer also talked about IBM which announced earnings Tuesday night and Netflix, which also released earnings Tuesday.

Cramer answered a question from a Twitter user about why the Action Alerts Plus portfolio isn’t invested in any cannabis stocks or Constellation.

Curious about anything up Cramer’s alley? Ask! Hop onto @KatherineRooss’s Twitter and send her a message. Action Alerts Plus members, however, should still send their messages over to the team.

SUBSCRIBE |
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Want to Buy $1 Worth of Stock for 90 Cents or Less? You can with certain so-called “closed-end” mutual funds – an often overlooked investment class. Click here to register for a free online video in which TheStreet’s retirement expert Robert Powell and an all-star panel tell you all you need to know–

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Sign up for ActionAlertsPlus.com today for exclusive insight into Jim Cramer’s charitable portfolio:

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