During the CNBC Investing Club's March Monthly Meeting, Jim Cramer and portfolio manager Jeff Marks answered questions submitted by members.
During the March Monthly Meeting on Wednesday, we took questions directly from Investing Club members. Here are the responses from Jim Cramer and Director of Portfolio Analysis Jeff Marks. Their answers have been adapted for length and clarity. 1. Is Coterra Energy positioned to take advantage of the perceived need to increase power to accommodate the growth in data centers? Jeff Marks: Due to the elevated power needs data centers require, energy demands will be higher.
So, it's a much different company now than it was back at that cost basis. Unless there's a big sell-off in the market, I don't expect it to sell back down there. If you're looking at a pullback in Broadcom of 10% from the high, that gets intriguing to me. So, I think that would be an example of when it would be OK to violate basis: when the company is much different at its current price than it was when you started buying. Jim Cramer: We did add Broadcom above our basis.
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