Benzinga - by Lisa Levin, Benzinga Editor.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Advanced Micro Devices, Inc. (NASDAQ: AMD) is a "good hold."
Cramer said Palo Alto Networks, Inc. (NASDAQ: PANW) is "doing terrific." The company is scheduled to report earnings this week and he expects a "very good quarter" for that cybersecurity company.
When asked about Teladoc Health, Inc. (NYSE: TDOC), he said, "I think it’s a very crowded area. It was great, and then everyone else decided it was such a good business that it wrecked their margins. So I’m going to say please do not buy that stock."
Don’t forget to check out our premarket coverage here
Cramer said he doesn’t see BRC Inc. (NYSE: BRCC) making "enough money for me to think it’s an inexpensive stock."
The "Mad Money" host said Howard Hughes Holdings Inc. (NYSE: HHH) is an "asset play, and we are really all about trying to figure out earnings growth, particularly higher earnings growth that we can own for the long term. And I do not want to be involved in a break up story, which is what I think you have there."
Uber Technologies, Inc. (NYSE: UBER) is a Buy, Cramer said, "I think this was the beginning of what is going to be a period where some of these companies that became public during the era are just breaking away from the pack. That was an amazing number, Uber, and let me throw in DoorDash, Inc. (NASDAQ: DASH)."
Cramer said he likes EQT Corporation (NYSE: EQT). "But as much as I like EQT, I like Coterra Energy Inc. (NYSE: CTRA) even more. It’s cheaper, and I think it has better assets," he added.
SoFi Technologies, Inc. (NASDAQ: SOFI) is "incredibly inexpensive," and the company reported a great quarter, Cramer said.
Price Action: Shares of SoFi gained 1.3% to close at $6.94, while Coterra Energy gained 0.6% to $26.97 on Friday. EQT fell 0.7% to settle at $39.13, while DoorDash gained 3.5% to close at $87.47 during Friday’s session. Uber shares gained 3.1% to settle at $51.58, while Howard Hughes gained 1.4% to $70.57 on Friday. BRC shares gained 7.6%, while Teladoc added 1.9% on Friday. Palo Alto stock rose 4.5% to close at $253.51, while AMD rose 4.5% to $118.59 on Friday.
Now Read This: Top 5 Tech And Telecom Stocks That May Explode In Q4
Photo: Shutterstock
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.