Cramer Says He's 'Not Bullish' On Gold — Plus His Advice For Domino's Pizza Investors
Agnico Eagle Mines Limited AEM | 0.00 | |
Domino's Pizza, Inc. DPZ | 0.00 |
On CNBC's “Mad Money Lightning Round,” Jim Cramer said the last quarter of Domino’s Pizza Inc (NYSE:DPZ) was “not so hot,” adding, “We have to give it a quarter.” He recommended not buying the stock yet.
Domino's, on April 27, reported worse-than-expected first-quarter financial results. Domino's Pizza reported quarterly earnings of $4.13 per share, which missed the analyst consensus estimate of $4.28 per share. The company reported quarterly sales of $1.151 billion, which missed the analyst consensus estimate of $1.163 billion.
“You would be in the best one,” Cramer said when asked about Agnico Eagle Mines Limited (NYSE:AEM). “I am not bullish from gold right now. I remember we had the great Larry Williams on, and he said, ‘listen, gold is going lower.' I'm with Larry.”
On the earnings front, Agnico Eagle Mines, on April 30, reported quarterly earnings of $3.40 per share, which beat the analyst consensus estimate of $3.26 per share. The company reported quarterly sales of $4.100 billion, which beat the analyst consensus estimate of $3.951 billion.
Price Action:
- Domino's shares gained 2.4% to settle at $332.53 on Thursday.
- Agnico Eagle Mines shares fell 1.1% to close at $187.77.
Photo via Shutterstock
