Jim Cramer Criticizes Kenvue Inc. for Poor Readiness Post-Spin-Off

Reported 3 days ago

In a recent CNBC discussion, Jim Cramer expressed concerns about Kenvue Inc. (NYSE:KVUE) following its spin-off from Johnson & Johnson, criticizing the company for not being prepared for the market, citing the lack of basic branding elements. Cramer's analysis coincides with broader challenges faced by tech stocks, which have struggled amidst looming tax concerns and a significant market selloff. While Kenvue is considered a potential investment, Cramer suggests that certain AI stocks may provide better returns in the near future.

Source: YAHOO

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