In a recent episode of CNBC’s ‘Mad Money Lightning Round,’ Jim Cramer offered his take on a handful of stocks. Let’s break down his commentary:
Dominion Energy (D):
Cramer declared this a ‘buy,’ emphasizing the need for affordable energy. He believes Dominion Energy is well-positioned to capitalize on this demand.Dutch Bros Inc. (BROS):
Cramer expressed approval of Dutch Bros’ decision to slow down their expansion. He appears optimistic about the company’s future prospects.Super Micro Computer (SMCI):
Cramer was cautious about this one. He acknowledged that Super Micro Computer recently received a non-compliance letter from Nasdaq but wants to see the company’s financials before providing a definite opinion. This suggests he’s looking for more information before offering a recommendation.LyondellBasell Industries N.V. (LYB):
Cramer refrained from recommending this stock. While LyondellBasell recently reported strong second-quarter earnings, surpassing revenue and earnings estimates, Cramer’s stance suggests he might have reservations about the company’s future trajectory.These insights provide a glimpse into Cramer’s current market outlook and highlight stocks that caught his attention. It’s important to note that these are just recommendations, and investors should conduct their own research before making any investment decisions.
