Benzinga - by Priya Nigam, Benzinga Staff Writer.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Paycom Software, Inc. (NYSE: PAYC) is "one of those fintech companies. The fintechs are going out of fashion."
"I think there are a lot of people who like the dollar stores just did not deliver great numbers and are not offering great value," Cramer said when asked about Dollar General Corporation (NYSE: DG). "Look, I’m not, never going to tell someone to sell a stock that’s down seven straight days, but I have to tell you, that is the negative thesis."
Cramer said Iridium Communications Inc. (NASDAQ: IRDM) is "doing quite well."
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The "Mad Money" host said Tilray Brands, Inc. (NYSE: TLRY) is "too dangerous." It is a spec stock that is losing money, and Cramer said he doesn’t recommend stocks that are losing money.
Fastly, Inc. (NASDAQ: FSLY) hasn’t "pivoted the profitability, and I’m not going to recommend a stock that hasn’t pivoted profitability that has a very high price to sales analysis, too high," Cramer said.
"I can’t tell you to sell it here, I just can’t. It’s just a very good company," Cramer said when asked about Pfizer Inc. (NYSE: PFE). "They have a lot of optionality, I’m not going to tell you to sell Pfizer, not down here."
Price Action: Shares of Pfizer fell 1.3% to close at $33.64, while Fastly lost 2.9% to $19.94 on Monday. Tilray Brands shares fell 12.6% to settle at $2.56, while Iridium Communications gained 5.5% to close at $50.17 on Monday. Dollar General shares fell 1.8% to settle at $113.66, while Paycom Software fell 0.7% to close at $276.10 during Monday’s session.
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