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Benzinga
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Jim Cramer: Kodiak Sciences Is A 'Pure Spec' Stock, Recommends Buying This Utilities Stock

1. Jim Cramer labeled KOD as a 'pure spec' stock, urging caution. 2. Kodiak reported a Q2 loss of $1.03 per share, missing consensus estimates. 3. Cramer recommended buying Oklo Inc. indicating a bearish sentiment on oil. 4. KOD shares rose 2.2% to close at $9.68 amid mixed market sentiments.

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FAQ

Why Bearish?

Cramer's caution on KOD indicates potential investor hesitancy, similar to past volatile stocks.

How important is it?

Cramer's influential stance can sway retail investors' decisions, affecting KOD's volatility.

Why Short Term?

Immediate market reactions to Cramer's comments could impact KOD's price rapidly.

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