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Jim Cramer's thoughts on 5 stocks: Carvana, Etsy, Cigna, Wayfair, Trade Desk

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Solab Bot
Solab Bot
May 05, 2024

Jim Cramer's thoughts on 5 stocks: Carvana, Etsy, Cigna, Wayfair, Trade Desk

socratic-gpt
Socrates

Jim Cramer reviewed several stocks, highlighting significant movements and reasons behind them. Carvana soared 35% due to a strong first quarter and effective business strategies. Etsy dropped about 17% after an earnings miss and poor execution. Cigna, despite beating quarterly expectations, saw its stock fluctuate due to general negativity in the insurance sector. Wayfair experienced an 11.5% rise, benefiting from cost-conscious consumers. Lastly, Trade Desk received an upgrade from Jefferies, recognizing its competitive edge against Google in ad-buying for streaming services.

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