On CNBC’s “Mad Money Lightning Round,” Jim Cramer recommended selling Petróleo Brasileiro S.A. – Petrobras (PBR), saying, “I like PBR the beer more than I like PBR the oil company.” He recommended buying Enterprise Products Partners L.P. (EPD), saying that it is benefiting from the energy crisis in Europe. Cramer also recommended buying Recursion Pharmaceuticals, Inc. (RXRX), calling it “a real winner” in the drug discovery space. He said that Casey’s General Stores, Inc. (CASY) is a “winner” and recommended buying the stock. Cramer also said that Broadcom Inc. (AVGO) is a buy, despite recent criticism of its cloud licensing practices. Cramer called Cheniere Energy, Inc. (LNG) “terrific.” Price action: PBR rose 0.1%, EPD fell 0.3%, CASY fell 0.1%, RXRX rose 1.3%, LNG fell 1%, and AVGO gained 2%.
Cramer’s ‘Mad Money’ Lightning Round: Buy EPD, RXRX, CASY, AVGO, Sell PBR
