Cramer’s ‘Mad Money’ Lightning Round: Vertiv, AES, NextEra Energy, and Hertz

On CNBC’s popular segment, ‘Mad Money Lightning Round,’ Jim Cramer shared his insights on a few notable companies. He began by recommending buying

Vertiv Holdings Co (VRT)

, citing its recent strong performance. Vertiv reported a 13% year-over-year increase in second-quarter net sales, reaching $1.953 billion, exceeding analysts’ expectations. The company also saw a significant rise in organic orders, up 57% year-over-year, with a book-to-bill ratio of 1.4x. This indicates that Vertiv is receiving more orders than it can currently fulfill, a positive sign for future growth.

Cramer also expressed optimism about

AES (AES)

, calling it a ‘good’ and ‘very inexpensive’ investment opportunity. While AES reported mixed financial results for the second quarter, with earnings exceeding estimates but sales falling short, Cramer believes the company’s valuation makes it an attractive buy.

However, Cramer expressed hesitation about

NextEra Energy (NEE)

, stating he needs more information before forming an opinion. Although Wells Fargo analyst Neil Kalton recently maintained an ‘Overweight’ rating on NextEra Energy, raising the price target from $95 to $102, Cramer remains cautious.

Finally, Cramer expressed concern about

Hertz Global Holdings, Inc. (HTZ)

, stating the recent stock performance has him worried. Hertz reported second-quarter revenue of $2.4 billion, missing analysts’ expectations, and posted an adjusted earnings loss of $1.44 per share, significantly worse than anticipated.

These insights from Cramer offer valuable information for investors seeking to navigate the stock market. It’s important to note that Cramer’s recommendations are opinions and not financial advice, and investors should conduct their own research before making any investment decisions.