Benzinga - by Priya Nigam, Benzinga Staff Writer.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Restaurant Brands International Inc. (NYSE: QSR) is a buy.
The parent company of Popeye's, Burger King and Tim Hortons recently approved plans to purchase up to $1 billion of its common shares over the next two years through Sept. 30, 2025.
When asked about Digital Realty Trust, Inc. (NYSE: DLR), Cramer said, "Every good trend at DLR, I happen to like them very much."
The "Mad Money" host said Talos Energy Inc. (NYSE: TALO) is "ok, it’s not a great oil." Cramer said he actually likes Pioneer Natural Resources Company (NYSE: PXD).
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When asked about IonQ, Inc. (NYSE: IONQ), he said, "Everyone loves this thing. You know why they love it? Because of quantum computers — do they actually love quantum computers? Do they look if the company’s losing money? I’m going to say no."
Cramer also praised Dynavax Technologies Corporation (NASDAQ: DVAX).
"Nobody listens to me because I like any immune system situation that’s finally starting to get its due," he added.
Price Action
- Shares of Dynavax fell 2.5% to close at $13.88
- IonQ gained 3.2% to $19.58 on Wednesday.
- Pioneer Natural shares fell 0.7% to settle at $241.37
- Talos Energy slipped 0.9% to close at $17.00 during the Wednesday’s session.
- Digital Realty Trust shares fell 0.6% to settle at $129.98
- Restaurant Brands declined 2.4% to close at 66.93 on Wednesday.
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