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Cramer Likes This Big Bank More Than SoFi: 'We Are In Real Companies That Make Real Things, Return Real Capital'

Published 30/11/2022, 13:26
Updated 30/11/2022, 14:41
© Reuters.  Cramer Likes This Big Bank More Than SoFi: 'We Are In Real Companies That Make Real Things, Return Real Capital'

Benzinga - On CNBC’s "Mad Money Lightning Round," Jim Cramer said Morgan Stanley (NYSE: NYSE:MS) is the kind of stock he likes here. "We are in real companies that make real things, return real capital and Morgan Stanley is one of those," he added.

Analysts generally agree, Benzinga data shows an Outperform consensus rating on MS.

When asked about Intuitive Surgical Inc (NASDAQ: NASDAQ:ISRG), he said, "I’m now even gun-shy on the 50 times earnings and more stocks, because those are not working." He recommended being very careful here.

Cramer said AutoZone Inc (NYSE: NYSE:AZO) is still buying back stock. He liked that stock "very much."

The "Mad Money" host said Gartner Inc (NYSE: IT) is a "very good, solid growth stock."

Cramer noted that although SoFi Technologies Inc (NASDAQ: SOFI) is "going to make money eventually," Morgan Stanley is a "better thing to own."

Now Read: Apple (NASDAQ:AAPL)'s iPhone Pro Shipments May Miss Consensus By 20M, Analyst Says

Photo: Courtesy of shutterstock.com

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

Read the original article on Benzinga

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