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Benzinga
116 days

Jim Cramer: OneMain Is 'Too Risky,' Recommends Buying Reddit

1. Jim Cramer advises selling OneMain Holdings, citing it as 'too risky.' 2. OneMain is set to report Q1 results on April 29. 3. Other stocks like Reddit and Brookfield are recommended positively. 4. Reddit's earnings expected at 2 cents per share. 5. Overall market sentiment appears mixed with specific bearish notes on OMF.

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FAQ

Why Very Bearish?

Cramer's strong negative recommendation typically affects stock price adversely. Past recommendations have led to significant price drops for similarly rated stocks.

How important is it?

Cramer has a considerable impact on investor sentiment, particularly with retail investors. His recommendations can lead to rapid re-evaluations of stock positions.

Why Short Term?

Cramer's advice could lead to immediate selling pressure. Historical trends show quick price reactions post such recommendations.

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