Cramer Advises Viewers On Peloton, Vale And More
On CNBC's "Mad Money Lightning Round," Jim Cramer said NextEra Energy Inc (NYSE: NEE) is the fastest-growing growth utility. If you want a growth utility that is the one.
Cramer likes Peloton Interactive Inc (NASDAQ: PTON), but it has runway up too high. He thinks it could trade even higher, but he doesn't like the risk-reward.
Fulgent Genetics Inc (NASDAQ: FLGT) is a little bit spec, believes Cramer. The diagnostics is incredibly hot right now, but Cramer prefers old-fashioned diagnostics like Abbott Laboratories (NYSE: ABT) and Thermo Fisher Scientific Inc. (NYSE: TMO).
Cramer is not a buyer of Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC).
He is also not a buyer of Hannon Armstrong (NYSE: HASI) because he doesn't like the credit market right now.
Splunk Inc (NASDAQ: SPLK) is pretty good, said Cramer.
The market currently doesn't like the defensive stocks like Clorox Co (NYSE: CLX), said Cramer. He can't pound the table right now.
Cramer can't recommend Vale SA (NYSE: VALE). He has better stocks in the space.
Trade Desk Inc (NASDAQ: TTD) is the kind of the multiple-to-sales stock that is going to get hurt by the flood of the IPOs, said Cramer.
See more from Benzinga
Pete Najarian Sees Unusual Options Activity In AMD, Bausch Health And Applied Materials
'Halftime Report' Traders Share Their Thoughts On Danaher, Uber And IBM
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.