Jim Cramer: This Tech Stock Is 'Up A Great Deal, It's Not Making Money'

Jim Cramer provided varied commentary on several stocks: he expressed concern over International Flavors & Fragrances (IFF) due to flatlining growth, despite Argus Research maintaining a Buy rating with a reduced price target. For NexGen Energy (NXE), Cramer advised taking profits following its upsized AUD $600 million equity offering. He also suggested taking gains on SoundHound AI (SOUN) due to its lack of profitability despite recent appreciation and a new partnership with Apivia Courtage for AI deployment in customer service.

Analysis

On CNBC's “Mad Money Lightning Round,” Jim Cramer says International Flavors & Fragrances Inc. (NYSE:IFF) is “just flat lining.” “The sales have flatlined, there's really nothing that I can say that's good about it,” Cramer said. “It has no growth, and that's disappointing. It used to be a better company.” Argus Research analyst Alexandra Yates, on Oct. 7, maintained Intl Flavors & Fragrances with a Buy and lowered the price target from $85 to $70. Cramer recommended taking out cost basis today and then “you can let it run,” Cramer said when asked about NexGen Energy Ltd. (NYSE:NXE). NexGen Energy, on Oct. 2, announced an upsized equity offering in Australia, with total proceeds reaching AUD $600 million. The offering consists of 45.8 million common shares priced at A$13.10 per share SoundHound AI (NASDAQ:SOUN) is “up a great deal,” Cramer points out. But here’s the hing: “It's not making money.” Cramer recommends taking a little bit off today and then let the rest run. SoundHound AI, on Wednesday, partnered with Apivia Courtage, a subsidiary of France's AEMA Group, a leading mutual insurance group, to deploy agent-based artificial intelligence across its customer service operations using the Amelia 7 platform. Apivia Courtage plans to integrate Amelia 7, one of the first fully agentic AI platforms, into its contact centers as part of a broader digital transformation strategy. Price Action: - IFF shares rose 0.5% to settle at $61.30 on Wednesday. - NexGen Energy shares fell 1.4% to close at $8.76. - SoundHound AI shares gained 3.7% to settle at $18.88 on Wednesday. Read Next: Image: Shutterstock © 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. International Flavors & Fragrances (IFF) faces significant fundamental concerns, with Jim Cramer noting "flatlining" sales and a lack of growth, characterizing it as "disappointing" compared to its past performance. This negative outlook from Cramer contrasts with Argus Research maintaining a "Buy" rating, albeit with a reduced price target from $85 to $70, signaling a potential re-evaluation of its intrinsic value. Despite Cramer's bearish sentiment, IFF shares saw a marginal 0.5% increase to $61.30 on Wednesday. NexGen Energy (NXE) recently completed an upsized equity offering, raising AUD $600 million through the issuance of 45.8 million common shares at A$13.10 per share. Jim Cramer advised investors to "take out cost basis" on NXE, suggesting a strategy to secure initial investment while allowing remaining shares to benefit from potential future upside. Following this advice, NXE shares experienced a slight decline of 1.4% to $8.76. SoundHound AI (SOUN) demonstrated strong market performance, gaining 3.7% to $18.88, driven by a new partnership with Apivia Courtage to integrate its Amelia 7 agent-based AI platform into customer service operations. Despite this positive business development and stock appreciation, Cramer highlighted the company's lack of profitability, recommending investors "take a little bit off today" to realize gains while retaining exposure. This indicates a cautious optimism, balancing growth potential with current financial realities.

Key Decisions for Investors

• For IFF, investors should closely monitor fundamental growth metrics and future guidance, considering the divergence between analyst ratings and critical commentary on its "flatlining" sales.
• Regarding NXE, consider Jim Cramer's advice to "take out cost basis" following the recent equity offering, potentially securing initial capital while maintaining exposure to future upside.
• For SOUN, given its recent appreciation and lack of profitability, investors might consider a strategy of partial profit-taking as suggested by Cramer, balancing current gains with long-term growth potential from its AI partnerships.