Jim Cramer: This Tech Stock Is A ‘Speculative Buy’ Here
On CNBC’s “ Mad Money Lightning Round,” Jim Cramer said nLIGHT, Inc. (NASDAQ: LASR ) is a “ speculative buy” here. As per recent news, nLIGHT announced on July 9 that it has been selected for a Joint Laser Weapon System OTA agreement supporting the U.S. Department of War’s next-generation cruise missile defense architecture. Craig-Hallum analyst Greg Palm maintained nLight with a Buy and raised the price target from $80 to $100, while Needham analyst James Ricchiuti increased the price target from $80 to $90. When asked about Duolingo, Inc. (NASDAQ: DUOL ), he said, “There’s too many ways to be able to translate things now. I don’t need to learn any language.” On the earnings front, Duolingo said it will announce results for the second quarter ending June 30, after the closing bell on Wednesday, Aug. 5. Price Action: Duolingo shares gained 6.1% to s...
On CNBC’s “ Mad Money Lightning Round,” Jim Cramer said nLIGHT, Inc. (NASDAQ: LASR ) is a “ speculative buy” here.
As per recent news, nLIGHT announced on July 9 that it has been selected for a Joint Laser Weapon System OTA agreement supporting the U.S.
Department of War’s next-generation cruise missile defense architecture.
Craig-Hallum analyst Greg Palm maintained nLight with a Buy and raised the price target from $80 to $100, while Needham analyst James Ricchiuti increased the price target from $80 to $90.
When asked about Duolingo, Inc. (NASDAQ: DUOL ), he said, “There’s too many ways to be able to translate things now.
I don’t need to learn any language.” On the earnings front, Duolingo said it will announce results for the second quarter ending June 30, after the closing bell on Wednesday, Aug.
5.
Price Action: Duolingo shares gained 6.1% to settle at $132.34 on Monday. nLIGHT shares dipped 4.5% to close at $68.79 during the session.
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