Breaking: “Mad Money” Host Jim Cramer Gives Lightning Round Answers
It’s that time again! Jim Cramer, the host of CNBC’s “Mad Money,” is back to give his rapid-fire answers to callers’ stock questions in the lightning round. Let’s dive into his latest insights.
First up, TKO Group’s year-to-date stock performance. Cramer admitted that he couldn’t value TKO Group and didn’t know how to value it either. With other stocks presenting enough challenges, he decided not to take on something even more difficult.
Next, DocuSign’s performance captivated callers’ attention. Cramer pointed out that DocuSign needs to come up with something new, different, and special as the company’s current strategy is not generating enough impact in the market.
Shifting gears to U.S. Bancorp, Cramer noted that prior to this week’s Federal Reserve meeting and bond schedule, he would have advised against purchasing the stock. However, after analyzing the situation, he now believes that U.S. Bancorp is undervalued and presents a potential opportunity for investors.
Zillow’s year-to-date stock performance was the next topic. Cramer expressed his love for the company but observed that Zillow needs more transactions in the real estate business. With a lack of volume, he expressed his concerns about the stock.
Seagen received less favorable remarks as Cramer advised selling the stock on Monday. Expressing his lack of trust in the Federal Trade Commission (FTC), Cramer believes that investors have already made substantial profits and it’s time to cash in.
On the other hand, Cramer held a positive outlook for First Solar. Calling it the only solar stock he currently recommends, he highlighted that First Solar is a pure play and not reliant on financing like other solar stocks that have struggled recently.
National Fuel Gas didn’t receive Cramer’s seal of approval. He expressed dissatisfaction with the stock, citing its insufficient dividends and lack of growth as reasons for his disinterest.
Lastly, KLA’s performance caught Cramer’s attention. Giving a straightforward response, he stated that KLA is good enough.
In conclusion, Jim Cramer’s lightning round answers provided valuable insights into the stock performances of various companies. Investors should consider his opinions while making their own investment decisions.
For more investment guidance, readers can download Jim Cramer’s Guide to Investing at no cost. This resource aims to help individuals build long-term wealth and invest smarter.
Disclaimer: The opinions expressed by Jim Cramer are solely his and do not necessarily reflect the views of CNBC or its affiliates. Investors should conduct thorough research before making any investment decisions based on the information provided.