Jim Cramer Says NorthWestern Energy Is ‘Winning,’ So Is This Financial Stock

NorthWestern Energy Group, Inc.
Robinhood
ORIGIN BANCORP INC

NorthWestern Energy Group, Inc.

NWE

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Robinhood

HOOD

0.00

ORIGIN BANCORP INC

OBK

0.00

On CNBC’s “Mad Money Lightning Round,” Jim Cramer called NorthWestern Energy Group, Inc. (NASDAQ:NWE) a “winning” stock after the company posted better-than-expected second-quarter (Q2) results.

NorthWestern reported adjusted earnings of 50 cents per share, beating market estimates of 44 cents per share. The company’s sales came in at $392.6 million, versus expectations of $380.6 million.

Then there’s Robinhood Markets, Inc. (NASDAQ:HOOD). The digital brokerage platform has a “winning site,” Cramer says.

“I think it’s going to continue to do well,” he added.

Cantor Fitzgerald analyst Ramsey El-Assal maintained Robinhood with an Overweight rating on Monday and lowered the price target from $130 to $115.

What Else Does Cramer Recommend?

Origin Bancorp, Inc. (NYSE:OBK) is a “great regional bank that sells at 13 times earnings,” Cramer said.

Supporting his view, Keefe, Bruyette & Woods analyst Woody Lay, on Aug. 4, maintained Origin Bancorp with an Outperform rating and raised the price target from $57 to $60.

On July 22, Origin Bancorp reported quarterly earnings of $1.09 per share, which beat the analyst consensus estimate of $1.00 per share. The company reported quarterly sales of $107.593 million, which missed the analyst consensus estimate of $107.955 million.

Price Action

  • Robinhood shares gained 3.5% to settle at $93.51 on Tuesday.
  • NorthWestern Energy shares rose 1.4% to close at $69.86 during the session.
  • Origin Bancorp rose 0.2% to settle at $54.98 on Tuesday.

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