Business · Markets · 5 hrs ago

Jim Cramer recommends selling a popular meme stock despite record quarter

Jim Cramer recommends selling a popular meme stock despite record quarter

Jim Cramer recommended selling a popular meme stock despite its latest results.

The company is described as an entertainment stock, but no name is given.

The company had a record quarter, yet Cramer still advised caution.

He recommended taking a closer look at the company's balance sheet, which shows its financial position.

His view suggests that a strong quarter alone did not change his recommendation.

Investors are being urged to weigh the balance sheet as well as the record results.

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