Benzinga - by Priya Nigam, Benzinga Staff Writer. On CNBC’s "Mad Money Lightning Round," Jim Cramer said Applied Materials, Inc. (NASDAQ: AMAT) reported a "monster" quarter, but it’s still going higher. "We want to stay long on that one," he added.
"I think they’re a loser," Cramer said, when asked about TELUS International (NYSE: TIXT). "They’re just doing a terrible job. We do not need that, there’s like 40 other guys in that same space that are better."
When asked about Tutor Perini Corporation (NYSE: TPC), he said, "I think those guys are just where you should be right now. I think they’re going to come out of this thing. They’ve been in a funk, it’s a small cap stock, and they’re going to get good contracts, and I think they’re going to do very well with all of the federal money."
The "Mad Money" host said Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOGL) reported a "monster good quarter, and the stock hasn’t really run. I’m going to say I’m going to bless buying that stock."
When asked about Rivian Automotive, Inc. (NASDAQ: RIVN), he said, "I think Rivian comes on this show and we do a big sit down. Because right now, 20 bucks, it’s neither here nor there, but if I sat down with the company, I’d get a better vibe."
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Cramer said no to Rocket Lab USA, Inc. (NASDAQ: RKLB), adding, "We like companies that make money."
When asked about NIO Inc. (NYSE: NIO), he said, "No, no, we’re not buying any Chinese stocks. I know that they’re getting subsidized by the government…but I’m not buying it."
Medical Properties Trust, Inc. (NYSE: MPW) is "one of those where the yield is actually too high, and it makes me uncomfortable," Cramer said.
Cramer said Huntington Bancshares Incorporated (NASDAQ: HBAN) is a good stock.
Price Action: Shares of Huntington Bancshares closed at $11.14, while Medical Properties Trust gained 1.2% to $7.01 on Monday. NIO shares gained 2.6% to settle at $10.95, while Rocket Lab rose 0.3% to close at $5.88 during Monday’s session. Rivian Automotive shares gained 1.9%, while Alphabet added 0.7% during the session. Tutor Perini shares gained 1.9%, TELUS International lost 2.6% and Applied Materials shares gained 4.3% on Monday.
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