Jim Cramer Commented on 13 Stocks Like Meta and Yum! Brands

11. ImmunityBio, Inc. (NASDAQ:IBRX)

ImmunityBio, Inc. (NASDAQ:IBRX) was among the stocks on which Jim Cramer commented, as he emphasized that SpaceX investors are betting on Elon Musk rather than the company’s earnings. When a caller mentioned that, as per their observation, the company seems to have become a “mid-cap commercial revenue generator” from a “small-cap spec play,” Cramer remarked:

I think that’s a good way to look at it. But I will tell you that’s going to be your spec. Remember, in How to Make Money in Any Market, I encourage speculation as long as it’s only one position. If you own two positions, then I don’t encourage it. Let ImmunityBio be your speculation.

ImmunityBio, Inc. (NASDAQ:IBRX) develops therapies designed to strengthen the immune system against infectious diseases and several cancers. A caller inquired about the stock during the April 17 episode, and Cramer commented:

You know there’s a lot of dispute about what they did. And I’m going to tell you that it is not clear exactly what they did wrong, but they got in trouble… I got to see how they get out of trouble, and then we’ll take a hard look at it.