“Cramer gives his lightning round stock picks: HubSpot, Chewy, and more”
Jim Cramer, the host of “Mad Money,” recently gave his rapid-fire answers to callers’ stock questions during the lightning round segment of his show. Let’s take a look at some of his picks and recommendations.
Starting off, Cramer expressed a positive outlook for HubSpot, describing it as a “mini-Salesforce” with incredible growth potential. He believes the stock will rally from its current position.
In contrast, Cramer had a negative view on Albemarle, citing the declining price of lithium as a reason to stay away from the stock.
When it came to Chewy, Cramer acknowledged that the company seems to be bottoming out, but expressed uncertainty about its upside potential, particularly with competition from Amazon.
Moving on to Leonardo DRS, Cramer was optimistic about its prospects, suggesting that the company has great potential for growth.
However, New York Community Bancorp did not receive a favorable assessment from Cramer, who expressed a belief that it’s a tough environment for the company, even with lower interest rates.
Cramer also offered a cautionary note about Brown-Forman, indicating that he believes the company could face challenges if a GLP-1 trial for heavy drinkers gained traction.
Sarepta Therapeutics was another stock that Cramer wasn’t keen on, citing the company’s significant financial losses and the disappointment it has caused investors.
C3.ai also faced criticism from Cramer, who expressed skepticism about its performance and the hype surrounding it.
On the other hand, Cramer had positive things to say about US Bancorp, describing it as a safe investment option for those interested in regional banks.
Finally, Cramer expressed confidence in CrowdStrike, praising its performance and the leadership of CEO George Kurtz.
Overall, Cramer’s lightning round picks covered a range of companies, providing investors with food for thought as they navigate the stock market. As always, it’s important for individual investors to conduct thorough research and consider their own financial goals and risk tolerance before making investment decisions.