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Stock impact report

Jim Cramer on USA Rare Earth: “Year of Magical Investing Ended, and I Can't Make Any Exceptions” [Yahoo! Finance]

USA Rare Earth, Inc. (USAR) 
Company Research Source: Yahoo! Finance
mentioned that they think that the year of “American exceptionalism” might not be over. In response, Cramer said: “Well, I'm not going to make any exceptions… the year of magical investing ended, and I can't make any exceptions, so I'm sorry.” Photo by Chris Liverani on Unsplash USA Rare Earth, Inc. (NASDAQ:USAR) supplies rare earth elements and other critical minerals, including neodymium, dysprosium, terbium, gallium, beryllium, and lithium. A caller asked for Cramer's thoughts on the stock during the October 30 episode and he replied: “I'm going to say that you have to stay away for now. I mean, one of the things that you needed was that kind of mojo that came from the shortage. If we work out a longer-term deal with rare earth, it's not, it's not going to rebound very well for USA Rare Earth, which is losing a fortune.” While we acknowledge the potential of USAR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If Show less Read more
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