Cramer's lightning round: Sell AMC
Key Points:
- Jim Cramer advises caution on Lam Research stock, recommending buying no more than 25 shares initially due to poor earnings from Intel impacting the market.
- He warns that Lam Research's stock is currently in free fall and suggests waiting several days before purchasing more shares to avoid losses.
- Cramer criticizes Netflix's stock performance, highlighting that the platform's content visibility issues have diminished its appeal to consumers.
- He points out that the uncertainty about where to find movies—whether on Netflix, Amazon, HBO, or Apple—is a significant problem for Netflix's business.
- Viewers are encouraged to join CNBC Investing Club for more market insights and to engage with Jim Cramer through various social media channels.