On Monday's CNBC "Stop Trading" segment, TheStreet's Jim Cramer looked at two "powerhouse downgrades."
The first of which was Monster Beverage (MNST - Get Report) , which was downgraded to hold from buy by Bonnie Herzog of Wells Fargo, one of Cramer's favorite analysts. This stock has been doing well but Herzog says the second quarter could be soft for its U.S. business, explained Cramer, the co-manager of the Action Alerts PLUS portfolio.
"Be careful, though," Cramer said on Monster, "Herzog is very, very strong." Shares are down more than 4% in response to the downgrade.
The analysts downgraded these stocks because of the 3-D printing capabilities that HP Inc. (HPQ - Get Report) is now producing. While Cramer had been critical of HP Inc. in the past, he acknowledged that its 3-D printing machines are "remarkable," particularly for corporate use, and the company has done a great job in this area.
That's bad news for Stratasys and 3D Systems.