Cramer Urges Buying CBOE Global Markets After Stock's 1 Unexplained Breakdown
Updated
Updated · CNBC · Jun 8
Cramer Urges Buying CBOE Global Markets After Stock's 1 Unexplained Breakdown
1 articles · Updated · CNBC · Jun 8
Summary
Cramer said CBOE Global Markets has sold off for “no real reason” and advised investors to start buying, adding they could add more if the shares fall further.
The call centered on technical weakness rather than a business setback, with Cramer describing CBOE’s chart as having suddenly turned “very ugly.”
He was selective elsewhere: IBM over Xanadu Quantum for quantum exposure, Chevron and EQT over BP in energy, and direct Bitcoin ownership over Galaxy Digital for crypto exposure.
Cramer also rejected Tractor Supply, saying its numbers were bad and he could not recommend the stock.