Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Jim Cramer Likes This 'Well-Run' Airline, Says This Entertainment Stock Has 'Balance Sheet From Hell'

Published 12/01/2024, 13:47
Updated 12/01/2024, 15:10
© Reuters.  Jim Cramer Likes This 'Well-Run' Airline, Says This Entertainment Stock Has 'Balance Sheet From Hell'

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Franco-Nevada Corporation (NYSE: FNV) is a "great diversified way to own gold."

"Now, I personally like Barrick Gold Corporation (NYSE: GOLD)," Cramer said. "But I think you’re going to do fine with that. And yes, I will reveal, I like gold bullion."

When asked about Plains GP Holdings, L.P. (NASDAQ: PAGP), he said, "I would buy that for the dividend and then I would dump."

Don’t forget to check out our premarket coverage here

Cramer said he is reiterating Uranium Energy Corp. (NYSE: UEC) because "I want a pure play uranium company that’s not losing money hand over fist and bleeding from the eyeballs."

"I have been a little let down by the Dutch Bros Inc. (NYSE: BROS)," Cramer said, "They got to stop opening stores and catch their darn breath."Cramer said he likes Ryanair Holdings plc (NASDAQ: RYAAY). "They’re a very well-run company," he noted.

When asked about Paramount Global (NASDAQ: PARA), he said, "That’s like the balance sheet from hell. We love good balance sheets, don’t like bad balance sheets. That’s got a bad one."

The "Mad Money" host said Exelixis, Inc. (NASDAQ: EXEL) is a "good spec."

Cramer said United Natural Foods, Inc. (NYSE: UNFI) is "not going to change its address anytime soon. Get the moving van."

Price Action

  • Shares of United Natural Foods fell 0.3% to close at $14.96
  • Exelixis fell 2% to $22.41 on Thursday.
  • Paramount fell 5.5% to settle at $13.35.
  • Ryanair gained 1.8% to $125.38 during Thursday’s session.
  • Dutch Bros shares lost 4.4% to settle at $28.17.
  • Uranium Energy gained 1% to $6.93 on Thursday.
  • Plains GP Holdings fell 0.3% to $16.28
  • Franco-Nevada and Barrick Gold lost 0.2% and 1.1%, respectively, on Thursday.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Image: Shutterstock

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.