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Jim Cramer Says He Dislikes Carnival, Prefers This Cruise Ship Stock With 'Better Balance Sheet'

Published 20/10/2022, 15:27
© Reuters.  Jim Cramer Says He Dislikes Carnival, Prefers This Cruise Ship Stock With 'Better Balance Sheet'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Transocean Ltd (NYSE: NYSE:RIG) is a "high-risk stock." He prefers Halliburton Company (NYSE: NYSE:HAL) over the former.

When asked about Kimberly-Clark Corporation (NYSE: NYSE:KMB), he said, "I’d much rather have you be in The Procter & Gamble Company (NYSE: PG)."

Cramer said, Tapestry, Inc. (NYSE: TPR) is an inexpensive stock. He added that Coach is "good. I’d like for them to come on the show. I think that it’s a good idea."

When asked about The Boeing Company (NYSE: NYSE:BA), Cramer said, "As a long term position — that is really the operative term, because short-term, they keep doing things wrong."

The "Mad Money" host said he doesn’t like Carnival Corp (NYSE: LON:CCL) and prefers Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) as it has "better balance sheet, and I think that it’s going to do better."

When asked about Chord Energy Corporation (NASDAQ: CHRD), Cramer said his favorite energy stock right now is Pioneer Natural Resources Company (NYSE: NYSE:PXD)."

Cramer said QuantumScape Corporation (NYSE: QS) is losing a lot of money and he doesn’t recommend stocks that are losing money.

Photo via Shutterstock.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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