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Jim Cramer Likes This Stock Up 65% In A Month: 'I Bless That For A Trade To $25'

Published 24/01/2023, 13:28
© Reuters.  Jim Cramer Likes This Stock Up 65% In A Month: 'I Bless That For A Trade To $25'

Benzinga - On CNBC’s "Mad Money Lightning Round," Jim Cramer said Paysafe Limited (NYSE: PSFE) is a good company. "I bless that for a trade to $25," he added. Shares of Paysafe have rebounded 65% in the past month, but remain 50% lower than a year ago.

When asked about Teck Resources Limited (NYSE: TECK), he said, "I am going to bless it."

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The "Mad Money" host said he is "not as inclined to buy" Iridium Communications Inc. (NASDAQ: IRDM) up here.

"I like your choice," Cramer said, when asked about R1 RCM Inc. (NASDAQ: RCM).

Price Action: Shares of Paysafe dropped 4% to close at $20.48, while Teck Resources rose 0.3% to settle at $42.37 on Monday. Iridium Communications shares fell 0.3%, while R1 RCM added 2.6% during the session.

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Photo: Shutterstock

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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