Jim Cramer: This Tech Stock Is 'Losing Too Much Money,' Recommends Buying Mettler-Toledo
Benzinga·2025-11-24 12:52

Company Performance - Mettler-Toledo International Inc. reported quarterly earnings of $11.15 per share, exceeding the analyst consensus estimate of $10.64 per share, and quarterly sales of $1.030 billion, surpassing the consensus estimate of $996.647 million [1] - POET Technologies Inc. reported third-quarter losses of 11 cents per share, missing the analyst consensus estimate of losses of 9 cents per share, with quarterly sales of $298.434 thousand, also below the consensus estimate of $400.000 thousand [2] Analyst Recommendations - Jim Cramer recommended buying Mettler-Toledo, stating "You've got a good one there" [1] - Cramer expressed skepticism about Opendoor Technologies Inc., stating he cannot support the company until it becomes profitable, while Citigroup analyst Ygal Arounian maintained a Sell rating on Opendoor and raised the price target from $0.7 to $1.4 [2] - Cramer also could not recommend POET Technologies due to its significant losses [2] Stock Price Movement - Mettler-Toledo shares increased by 3.8% to settle at $1,452.35 [4] - Opendoor shares rose by 9.6% to close at $6.75 [4] - POET Technologies shares gained 1.7% to settle at $4.27 [4]