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'$5 Is Where It Should Be, And No Higher': Cramer On This Stock Down 80% Year-To-Date

Published 22/12/2022, 13:50
Updated 22/12/2022, 15:11
© Reuters. '$5 Is Where It Should Be, And No Higher': Cramer On This Stock Down 80% Year-To-Date

Benzinga - On CNBC’s "Mad Money Lightning Round," Jim Cramer said Tecnoglass Inc. (NYSE: TGLS) is "very smart. very good company." He added, "I would buy it if it came in a little. It’s had a very big run."

When asked about AMC Entertainment Holdings, Inc. (NYSE: AMC), he said, "Going to take a pass on that. $5 is where it should be, and no higher."

Don’t forget to check out our premarket coverage here .

When asked about MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT), Cramer said, "I think that’s a good company."

The "Mad Money" host said Laredo Petroleum, Inc. (NYSE: LPI) is a "second-rate oil producer." He prefers Pioneer Natural Resources Company (NYSE: NYSE:PXD) over the former, adding that Pioneer is "much stronger and the Charitable Trust owns it."

Cramer said D.R. Horton, Inc. (NYSE: DHI) is a "very good choice, but you do know they all trade together." He likes Toll Brothers, Inc. (NYSE: TOL) also.

Now Read This: Target (NYSE:TGT), Lowe's And 2 Other Stocks Insiders Are Selling

Photo via Shutterstock.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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