Benzinga - by Lisa Levin, Benzinga Editor.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Vishay Intertechnology, Inc. (NYSE: VSH) is "way too cheap." He added, "This is one of those moments where I think you’ve got to buy Vishay."
Cramer also recommended buying Abbott Laboratories (NYSE: ABT). "Abbot Labs has gotten way too cheap," he noted.
Cramer said Moelis & Company (NYSE: MC) has come down too much and recommended buying the same. "I work with them, I know them, I think they’re high quality," he noted.
The "Mad Money" host said Riot Platforms, Inc. (NASDAQ: RIOT) doesn’t make any money. "If you want to do Bitcoin (CRYPTO: BTC), own Bitcoin," he added.
Cramer recommended selling Anheuser-Busch InBev SA/NV (NYSE: BUD) and buying Constellation Brands, Inc. (NYSE: STZ).
Cramer said "stay away" from pharma and biotech firm Catalent, Inc. (NASDAQ: CTLT).
Don’t forget to check out our premarket coverage here
Price Action: Shares of Catalent gained 0.3% to close at $39.57, while Anheuser-Busch fell 0.3% to $62.61 on Wednesday. Constellation fell 1.6% to $237.95, while Riot Platforms rose 1.1% to $13.00 during Wednesday’s session. Moelis & Company gained 1.7% to $47.11, while Abbott Laboratories shares rose 1.5% to settle at $103.63. Vishay Intertechnology shares rose 0.4% on Wednesday.
Now Read This: How To Earn $500 A Month From NVIDIA Stock After Last Week's Strong Earnings Report
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.