{"id":112111,"date":"2021-04-15T00:36:02","date_gmt":"2021-04-15T00:36:02","guid":{"rendered":"https:\/\/fin2me.com\/?p=112111"},"modified":"2021-04-15T00:36:02","modified_gmt":"2021-04-15T00:36:02","slug":"jim-cramer-on-doordash-airbnb-palantir-and-other-top-ipos-from-2020","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/jim-cramer-on-doordash-airbnb-palantir-and-other-top-ipos-from-2020\/","title":{"rendered":"Jim Cramer on DoorDash, Airbnb, Palantir and other top IPOs from 2020"},"content":{"rendered":"<ul>\n<li>CNBC&#x27;s Jim Cramer revisited and made new calls on a basket of stocks that made their debut on public markets last year.<\/li>\n<li>&quot;It&#x27;s hard not to chase these red-hot IPOs right out of the gate,&quot; the &quot;Mad Money&quot; host said, &quot;but as we saw from the class of 2020 &#8230; you&#x27;ll often get a better price if you&#x27;re patient.&quot;<\/li>\n<li>Cramer made comments on nCino, Snowflake, Airbnb, DoorDash and more new entrants.<\/li>\n<\/ul>\n<p>In this article<\/p>\n<ul>\n<li><span>U<\/span><\/li>\n<\/ul>\n<p>CNBC&#x27;s Jim Cramer on Wednesday revisited some of the highly anticipated IPOs of 2020.<\/p>\n<p>In reassessing his stances on the IPOs, or initial public offerings, the former hedge fund manager made fresh calls on the stocks after months of trading.<\/p>\n<p>&quot;It&#x27;s hard not to chase these red-hot IPOs right out of the gate,&quot; the &quot;Mad Money&quot; host said, &quot;but as we saw from the class of 2020, and from Coinbase today, you&#x27;ll often get a better price if you&#x27;re patient enough to let them pull back a few days, few weeks or even months later.&quot;<\/p>\n<p>Below is a round-up of his recommendations on almost a dozen of newly public stocks, and their Wednesday closing prices.<\/p>\n<ul>\n<li><strong>nCino<\/strong>, $70.02: &quot;You have got my blessing to dip into it right here, but there&#x27;s no rush and I wouldn&#x27;t put on a serious position until it retreated to the mid-$60s.&quot;<\/li>\n<\/ul>\n<ul>\n<li><strong>Snowflake<\/strong>, $229.14: &quot;I&#x27;d love to get more bullish on Snowflake, but it&#x27;s out of step with this market\u2014 so why not wait for it to pull back \u2026 to just 50 times sales, which will put the stock at $190 where I would buy.&quot;<\/li>\n<\/ul>\n<ul>\n<li><strong>JFrog<\/strong>, $51.96: &quot;The valuation&#x27;s a lot more reasonable at these levels, but again there&#x27;s no rush with these software stocks. I&#x27;d like it even more below $43, or 20 times sales, which is roughly in line with last month&#x27;s lows.&quot;<\/li>\n<\/ul>\n<ul>\n<li><strong>American Well<\/strong>, $17.23: &quot;As the great reopening trade&#x27;s gone into full swing, well this thing&#x27;s lost more than two-thirds of its value. Even down here, even at $17, I&#x27;d stay away from Amwell because it&#x27;s too much of a lockdown stock.&quot;<\/li>\n<\/ul>\n<ul>\n<li><strong>GoodRx<\/strong>, $37.67: &quot;You&#x27;ve got my blessing to speculate in this one now that it&#x27;s been knocked down to the high-$30s. Any pullback from here I am saying it&#x27;s a buying opportunity.&quot;<\/li>\n<\/ul>\n<ul>\n<li><strong>Asana<\/strong>, $33.42: &quot;This one&#x27;s been a real rollercoaster, but I didn&#x27;t like the fundamentals last year and, you know what, I still don&#x27;t. Can&#x27;t justify paying nearly 18 times sales for a company with a 38% growth rate.&quot;<\/li>\n<\/ul>\n<ul>\n<li><strong>Lemonade<\/strong>, $88.60: &quot;I love Lemonade, the company \u2026 but they&#x27;re losing tons of money and the stock sells for nearly 50 times sales \u2026 Can&#x27;t justify paying more than $75 for this $89 stock.&quot;<\/li>\n<\/ul>\n<ul>\n<li><strong>Unity Software<\/strong>, $101.12: &quot;Maybe my biggest miss from the class of 2020 was Unity Software &#8230; At this point, though, you know what, I&#x27;d rather own the newly public Roblox, which is profitable, unlike Unity, and trades at a substantial discount.&quot;<\/li>\n<\/ul>\n<ul>\n<li><strong>Palantir<\/strong>, $23.70: &quot;I think it&#x27;s too much of a black box to get a real read on the business, so be careful. I&#x27;d feel a lot more confident if it pulls back below $20.&quot;<\/li>\n<\/ul>\n<ul>\n<li><strong>DoorDash<\/strong>, $143.65: &quot;I&#x27;m not really interested in DoorDash here. It&#x27;s a lockdown stock with too many competitors.&quot;<\/li>\n<\/ul>\n<ul>\n<li><strong>Airbnb<\/strong>, $176.43: &quot;Airbnb will soon be hit with a big lockup expiration, meaning lots of insider selling. The stock&#x27;s currently at $175; I&#x27;d start nibbling if it came down below $157 and then back up the truck if you can get it closer to $117.&quot;<\/li>\n<\/ul>\n<p>Disclaimer<\/p>\n<p>Questions for Cramer?<br \/> Call Cramer: 1-800-743-CNBC<\/p>\n<p>Want to take a deep dive into Cramer&#x27;s world? Hit him up!<br \/> Mad Money Twitter &#8211; Jim Cramer Twitter &#8211; Facebook &#8211; Instagram<\/p>\n<p>Questions, comments, suggestions for the &quot;Mad Money&quot; website? madcap@cnbc.com<\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/04\/14\/jim-cramer-on-doordash-airbnb-palantir-and-other-top-ipos-from-2020.html\" target=\"_blank\" rel=\"noopener noreferrer\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNBC&#x27;s Jim Cramer revisited and made new calls on a basket of stocks that made their debut on public markets last year. &quot;It&#x27;s hard not [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":112110,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Jim Cramer on DoorDash, Airbnb, Palantir and other top IPOs from 2020 - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/jim-cramer-on-doordash-airbnb-palantir-and-other-top-ipos-from-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jim Cramer on DoorDash, Airbnb, Palantir and other top IPOs from 2020 - Fin2me\" \/>\n<meta property=\"og:description\" content=\"CNBC&#x27;s Jim Cramer revisited and made new calls on a basket of stocks that made their debut on public markets last year. &quot;It&#x27;s hard not [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/business\/jim-cramer-on-doordash-airbnb-palantir-and-other-top-ipos-from-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-15T00:36:02+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/04\/Jim-Cramer-on-DoorDash-Airbnb-Palantir-and-other-top-IPOs-from-2020.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/business\/jim-cramer-on-doordash-airbnb-palantir-and-other-top-ipos-from-2020\/\",\"url\":\"https:\/\/fin2me.com\/business\/jim-cramer-on-doordash-airbnb-palantir-and-other-top-ipos-from-2020\/\",\"name\":\"Jim Cramer on DoorDash, Airbnb, Palantir and other top IPOs from 2020 - Fin2me\",\"isPartOf\":{\"@id\":\"https:\/\/fin2me.com\/#website\"},\"datePublished\":\"2021-04-15T00:36:02+00:00\",\"dateModified\":\"2021-04-15T00:36:02+00:00\",\"author\":{\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/fin2me.com\/business\/jim-cramer-on-doordash-airbnb-palantir-and-other-top-ipos-from-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fin2me.com\/business\/jim-cramer-on-doordash-airbnb-palantir-and-other-top-ipos-from-2020\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fin2me.com\/business\/jim-cramer-on-doordash-airbnb-palantir-and-other-top-ipos-from-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fin2me.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business\",\"item\":\"https:\/\/fin2me.com\/category\/business\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Jim Cramer on DoorDash, Airbnb, Palantir and other top IPOs from 2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fin2me.com\/#website\",\"url\":\"https:\/\/fin2me.com\/\",\"name\":\"Fin2me\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fin2me.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"caption\":\"Mark\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Jim Cramer on DoorDash, Airbnb, Palantir and other top IPOs from 2020 - Fin2me","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fin2me.com\/business\/jim-cramer-on-doordash-airbnb-palantir-and-other-top-ipos-from-2020\/","og_locale":"en_US","og_type":"article","og_title":"Jim Cramer on DoorDash, Airbnb, Palantir and other top IPOs from 2020 - Fin2me","og_description":"CNBC&#x27;s Jim Cramer revisited and made new calls on a basket of stocks that made their debut on public markets last year. &quot;It&#x27;s hard not [...]","og_url":"https:\/\/fin2me.com\/business\/jim-cramer-on-doordash-airbnb-palantir-and-other-top-ipos-from-2020\/","og_site_name":"Fin2me","article_published_time":"2021-04-15T00:36:02+00:00","author":"Mark","twitter_card":"summary_large_image","twitter_image":"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/04\/Jim-Cramer-on-DoorDash-Airbnb-Palantir-and-other-top-IPOs-from-2020.jpg","twitter_misc":{"Written by":"Mark","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fin2me.com\/business\/jim-cramer-on-doordash-airbnb-palantir-and-other-top-ipos-from-2020\/","url":"https:\/\/fin2me.com\/business\/jim-cramer-on-doordash-airbnb-palantir-and-other-top-ipos-from-2020\/","name":"Jim Cramer on DoorDash, Airbnb, Palantir and other top IPOs from 2020 - Fin2me","isPartOf":{"@id":"https:\/\/fin2me.com\/#website"},"datePublished":"2021-04-15T00:36:02+00:00","dateModified":"2021-04-15T00:36:02+00:00","author":{"@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/fin2me.com\/business\/jim-cramer-on-doordash-airbnb-palantir-and-other-top-ipos-from-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fin2me.com\/business\/jim-cramer-on-doordash-airbnb-palantir-and-other-top-ipos-from-2020\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fin2me.com\/business\/jim-cramer-on-doordash-airbnb-palantir-and-other-top-ipos-from-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fin2me.com\/"},{"@type":"ListItem","position":2,"name":"Business","item":"https:\/\/fin2me.com\/category\/business\/"},{"@type":"ListItem","position":3,"name":"Jim Cramer on DoorDash, Airbnb, Palantir and other top IPOs from 2020"}]},{"@type":"WebSite","@id":"https:\/\/fin2me.com\/#website","url":"https:\/\/fin2me.com\/","name":"Fin2me","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fin2me.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fin2me.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","caption":"Mark"}}]}},"_links":{"self":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/112111"}],"collection":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/comments?post=112111"}],"version-history":[{"count":0,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/112111\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media\/112110"}],"wp:attachment":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media?parent=112111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/categories?post=112111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/tags?post=112111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}