Cramer Backs Bulls, Calls Rigetti Speculative
Cramer Backs Bulls, Calls Rigetti Speculative

Cramer Backs Bulls, Calls Rigetti Speculative

News summary

Jim Cramer said quantum computing is real but called Rigetti (RGTI) a speculative name that “could be a home run” while not being his favorite. He said he is broadly pro‑bull and advised investors to give the bulls the benefit of the doubt and stay invested while watching upcoming data such as the CPI. Cramer and CNBC stressed the need to distinguish speculation from investing and to use proper position sizing when trading speculative stocks. He warned that sky‑high expectations can punish even strong companies when earnings merely meet forecasts, a dynamic that also affects crypto; analysts point to Bitcoin realized‑price support around $60,000, resistance near $68,000, and a possible bounce if $65,000 holds. They noted whale activity and macro risks could push prices lower and recommended risk‑management tools — stop‑losses, RSI and on‑chain flow monitoring — for speculative positions.

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Last Updated
17 days ago
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