Six Flags Entertainment Corporation (NYSE:FUN) was among the stocks on which Jim Cramer gave his opinion, as he warned that increased AI-related spending might cause near-term headwind for stocks. When a caller mentioned that they wish to start a position in the stock for their kids’ portfolio, Cramer commented:
I think it’s too dicey. I think it’s too dicey… I don’t want to do that. I mean, I think we have so many real estate investment trusts that are better. I think Six Flags is the kind of thing that could make it so that your kids sour on stocks. We don’t want them to do that. I have so many stocks I talk about in How to Make Money in Any Market, or of course, in the club. I’m not trying to dodge it; there’s just so many that I like. That one. I do not, but I appreciate that you’re looking for something that they might want. I just don’t think that has, that one has too much risk, how about that?
Photo by jason briscoe on Unsplash
Six Flags Entertainment Corporation (NYSE:FUN) runs a collection of amusement parks, water parks, and resort properties.
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