Jim Cramer says don't sell Tesla, but stay away from this biotech stock

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Jim Cramer on Tuesday offered his take on Tesla, Intel and more stocks outside the CNBC Investing Club portfolio.

Jim Cramer's daily rapid fire looks at stocks in the news outside the

Investing Club portfolio. Tesla : Shares were slightly lower Tuesday. reported earlier in the day that CEO Elon Musk told Nvidia to redirect some of its artificial intelligence processors reserved for Tesla to Musk's social media company X. Investors also continued to mull over Tesla's upcoming annual meeting, at which shareholders will vote on Musk's contentious $56 billion pay package. "I am not a seller of Tesla. I think he wins the vote, and the stock goes higher," Jim Cramer said. Intel : Shares were lower by about 0.

Investing Club owns chipmakers Nvidia and Broadcom for their AI businesses. Bath & Body Works : Shares tumbled 13% after the specialty retailer offered disappointing current-quarter guidance alongside its first-quarter results. "The company put on the best face it can in the release," Cramer said. "It was hard to tell whether they think it's bad or not, frankly.

 

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