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Cramer Says Stay Away From This Bitcoin Miner: ‘I Don’t Trust It’

Published by
Benzinga

On CNBC’s “Mad Money Lightning Round,” Jim Cramer recommended staying away from Riot Platforms, Inc. (NASDAQ: RIOT). “I don’t trust it,” he said. On Monday, Cantor Fitzgerald analyst Josh Siegler reiterated Riot Platforms with an Overweight rating and maintained a $19 price target. When asked about Robinhood Markets, Inc. (NASDAQ: HOOD), Cramer said, “I think they have too much exposure to options for their customers and Bitcoin for the customers. I need them to get a better base of customers.” Robinhood Markets is expected to release its fourth quarter and full year 2023 financial results on …

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