Jim Cramer: This Financial Stock Is A Buy, Scotts Miracle-Gro Is 'Too Risky'
Alexandria Real Estate Equities, Inc. ARE | 0.00 | |
Altria Group, Inc. MO | 0.00 | |
MP Materials MP | 0.00 | |
MasTec, Inc. MTZ | 0.00 | |
MaxLinear, Inc. MXL | 0.00 |
On CNBC's “Mad Money Lightning Round,” Jim Cramer said Scotts Miracle-Gro Company (NYSE:SMG) is “too risky.”
He recommended buying Banco Santander (NYSE:SAN).
When asked about USA Rare Earth, Inc. (NASDAQ:USAR), Cramer said he only recommends MP Materials (NYSE:MP) in that area.
Cramer recommended selling Alexandria Real Estate Equities, Inc. (NYSE:ARE).
NextDecade Corporation (NASDAQ:NEXT) can “go higher because the need for more LNG, I think it's an okay idea. Not great,” Cramer said.
Cramer said Maxlinear (NYSE:MXL) has “probably gone more parabolic than any other stock in the market.” He recommended waiting for that thing to come down.
When asked about MasTec, Inc. (NYSE:MTZ), he said, “We had Mr. Mas [CEO of MasTec] on when we did the University of Miami show, which was so terrific. And I would tell you this, it is another company that I would have included at the top because it's such a great one for the data center.”
Cramer said he doesn't recommend the tobacco stocks, when asked about Altria Group, Inc. (NYSE:MO).
Price Action
- Scotts Miracle-Gro shares gained 1.1% to settle at $60.06 on Tuesday.
- Banco Santander shares gained 2.9% to close at $11.88.
- Mastec shares gained 2.9% to settle at $437.51 during the session.
- USA Rare Earth shares gained 7.3% to close at $27.42.
- Alexandria Real Estate Equities shares gained 6.5% to settle at $43.80.
- NextDecade shares fell 7.4% to close at $7.89.
- Maxlinear shares gained 4.6% to settle at $81.68.
- Altria shares fell 0.8% to close at $72.79.
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