ClaimsJim Cramer

“You don't buy the stock of Lilly here — the stock jumped nearly 15% yesterday, for heaven's sake.”

Jim Cramer, CNBC host 9 August 2023 Cramer says investors need to buy stock before its big move, not after (CNBC) archived copy

Factual Economics and markets

Eli Lilly's stock jumped nearly 15% on the trading day before 2023-08-09.

Resolved true The record shows it happened or was so.

Factual: Statements about the present or the past, checked against the record: did they hold up?

What would count as true or false

Judge Eli Lilly's (LLY) close-to-close percentage change on 2023-08-08, the trading day before 2023-08-09. True: a gain of about 13.5% to 15.5%. Mostly true: a gain of 12% to under 13.5%, or above 15.5% up to 17%, or the gain was about 15% but on a different nearby day. Mostly false: a gain of 8% to under 12%, or above 17%. False: a gain under 8%, or a decline.

Set before the research began.

Evidence (3)

  1. E1 Lilly (Eli) (LLY) — Earnings History & Price Movement wsfriend.com

    “Its largest post-earnings gain was +14.87% (Aug 08, 2023) and its largest decline was -14.14% (Aug 07, 2025).”

  2. E2 Lilly market value soars on higher sales, obesity drug potential BioPharma Dive · 8 August 2023

    “Shares jumped 15% on second quarter earnings that showed the company’s revenue rose by 28%, driven by fast sales of its diabetes medicine Mounjaro.”

  3. E3 Eli Lilly Soars on Blockbuster Q2 Earnings: ETFs to Tap Zacks Investment Research (via TradingView) · 9 August 2023

    “The stock soared 15% to heights not seen since the early 2000s, adding $64 billion to its market cap.”

Reasoning

E1 records Eli Lilly's largest post-earnings gain as +14.87% on Aug 08, 2023. That falls within the 13.5%–15.5% range the criteria set for a true verdict. E2 (dated 2023-08-08) and E3 (dated 2023-08-09) are both independent, and each reports that the shares jumped or soared about 15% on second-quarter earnings. Together the three sources show a gain of nearly 15% on 2023-08-08.

Cite this claim

Jim Cramer, “Eli Lilly's stock jumped nearly 15% on the trading day before 2023-08-09.” (said 9 August 2023). Verdict: resolved true. Reliability API, claim c_2b027ba25a68, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_2b027ba25a68

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

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More factual claims by Jim Cramer

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  2. Resolved true Factual 30 March 2026
    “What matters is the price of oil and WTI is at $101”

    WTI crude oil was at $101 on 2026-03-30.

  3. Mixed Factual 25 March 2026
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  4. Resolved true Factual 25 March 2026
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  5. Resolved true Factual 24 May 2023
    “Even though we ultimately got a deal and averted the worst-case scenario, the standoff was enough to make Standard & Poor's downgrade our government's credit rating”

    In 2011 the US reached a debt ceiling deal, but the standoff led Standard & Poor's to downgrade the US government's credit rating.

All of them

Verdicts are made automatically; how verdicts are made.