Jim Cramer Agrees GameStop Should Consider Operating As A Bank And Labels The Meme Stock As 'Massively Overvalued' SPAC
Jim Cramer has compared GameStop Corp. to an overvalued special purpose acquisition company.What Happened: Cramer the host of CNBC’s “Mad Money” host criticized GameStop’s business model, suggesting it resembles a SPAC due to its reliance on raising capital despite poor business performance. He emphasized the need for GameStop to present a clear strategy to justify its stock price.Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500.Trending: Here’s the AI-powered startup that turns traders into influencers achieving 12% monthly growth – invest in it at only 10 cents per share.Trending: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." These high-yield real estate notes that pay 7.5% – 9% make earning passive income easier than ever.UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge too