Jim Cramer advises against investing in Archer Aviation due to lack of earnings power, recommends Crown Castle shares at 6% yield.
Jim Cramer, host of "Mad Money" on CNBC, advised against investing in Archer Aviation in his Lightning Round segment due to its lack of earnings power. He also stated that "Robinhood has left the station" and doubled in price, so he doesn't advise buying doubles. However, he recommended buying more Crown Castle shares at their current 6% yield level, as he believes it is a good investment opportunity.
March 28, 2024
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