Buy Bitcoin, Not This Surging Crypto Stock: Cramer
Key takeaways
- Cramer’s mixed signals boost Bitcoin and question the value of crypto‑stock BMNR, while ARLO’s earnings beat and guidance keep it in focus despite a short‑term dip.
- ARLO Q2 EPS 28¢ vs 20¢ estimate
- ARLO Q2 sales $155.94M vs $148.75M estimate
- Celsius Q2 revenue $817.9M vs $870.027M estimate
What happened
Jim Cramer praised Arlo Technologies as profitable and gave it strong Q3 sales and FY26 guidance, while urging investors to buy Bitcoin instead of Bitmine Immersion Technologies (BMNR). Arlo’s Q2 earnings of 28¢ per share and sales of $155.94 million beat estimates. Celsius Holdings (CELH) posted mixed Q2 results, missing revenue and earnings estimates.
Why it matters
Cramer’s endorsement can lift ARLO’s stock and Bitcoin’s appeal, while his dismissal of BMNR may dampen its momentum. The earnings beats and guidance suggest ARLO’s business model is solid, potentially influencing valuation and investor sentiment. Celsius’s miss signals challenges in the crypto‑wallet space.
Short-term and longer-term
Short-term. Short‑term traders should watch ARLO’s price reaction to Cramer’s praise and the subsequent 3.9% drop, as the stock may rebound if the market digests the earnings beat.
Longer-term. Over the next few weeks, investors should monitor ARLO’s ability to sustain its Q3 sales growth and FY26 guidance, as well as any follow‑up guidance that could affect valuation.