We recently published 11 Stocks That Jim Cramer Recently Talked About. AMC Entertainment Holdings, Inc. (NYSE:AMC) is one of the stocks Jim Cramer recently discussed.
Any discussion of meme stocks would be incomplete without AMC Entertainment Holdings, Inc. (NYSE:AMC), and this was also the case during the reveal. The shares have lost 22% year-to-date as the firm has failed to convince investors about any potential turnaround. Cramer’s previous comments about the firm have discussed its balance sheet and advised viewers against purchaseing the shares. This time, he commented on AMC Entertainment Holdings, Inc. (NYSE:AMC) in the context of his advice to Kohl’s to apply the recent share price gains to issue stock and clean up the balance sheet:
“Yeah Adam Aron, he had a really good call there, to be able to raise some capital. He saved the chain. He also sold some stock. By the way he declared he was selling it for estate purposes. And who am I to state that it’s not? We don’t know why people sell stock. That’s what he declared.”
Pixabay/Public Domain
In his earlier comments about AMC Entertainment Holdings, Inc. (NYSE:AMC), Cramer discussed the firm’s finances:
“Wedbush just upgraded AMC last week. AMC, yeah, lowly worm precisely becaapply it’s received so much IMAX exposure, something that can support the movie theater chain deffinish its market share… That declared, the analyst acknowledged that, ‘They do not see substantial growth in 2025, 2026, or beyond for AMC.’ Personally, I wouldn’t purchase AMC stock. It’s a money loser with a hideous balance sheet. Again, the movie theater business is in bad shape with the exception of IMAX, which is why AMC stock is down over 40% for the past 12 months while IMAX is up more than 60%.”
While we acknowledge the potential of AMC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are seeing for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
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