We recently published Jim Cramer Insisted Recent AI Chip Selloff Wasn’t A Bottom & Discussed These 17 Stocks.
Blue Owl Capital Inc. (NYSE:OWL) is one of the stocks discussed by Jim Cramer
Asset manager Blue Owl Capital Inc. (NYSE:OWL) is a regular appearance on Jim Cramer’s radar these days and not for good reasons. The shares are down by 52% over the past year and by 39% year-to-date. On June 25th, after reports surfaced about Blue Owl Capital Inc. (NYSE:OWL) looking to acquire a stake in a basketball team, Cramer criticized the firm on the social media platform X.
Earlier, UBS had discussed the firm on June 11th as it reiterated a Neutral rating and a $9.50 share price target. In its coverage, the bank discussed the private credit market and outlined that weakness in the sector could also lead to Blue Owl Capital Inc. (NYSE:OWL)’s shares being range bound. In his morning appearance, the CNBC TV host didn’t hold back: “You know, every canine has its, you know, 24 hours, there, right.” Pixabay/Public Domain Cramer’s infatuation with Blue Owl Capital Inc. (NYSE:OWL) isn’t new.