Benzinga - by Priya Nigam, Benzinga Staff Writer.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said ONEOK, Inc's (NYSE: OKE) management is terrific. "The CFO Walter Hulse is like you and me, a Jersey-ite. I love it, so I think you should buy it right here," he added.
"There’s much more competition in that market," Cramer said when asked about Albemarle Corporation (NYSE: ALB). "I think the price is going lower lithium, so therefore I cannot recommend Albemarle."
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Cramer said PayPal Holdings, Inc. (NASDAQ: PYPL) has declining margins. "I’m not a big fan of fintech, I think it’s a value trap, frankly, I’m not there for that one I'm just not there," he added.
The "Mad Money" host said no to Rivian Automotive, Inc. (NASDAQ: RIVN).
When asked about Trane Technologies plc (NYSE: TR), he said, "Both Trane and Carrier Global Corporation (NYSE: CARR) are fantastic. These stocks have been just going at it, I mean they’re just giant winners, they’re both very well-managed."
Cramer said Cassava Sciences, Inc. (NASDAQ: SAVA) is a "gigantic spec, though, as long as you’re willing to lose a lot of money to make a lot of money, I’m ok with it."
When asked about Cleveland-Cliffs Inc. (NYSE: CLF), he said, "If we get a strike this week in the auto market, Cleveland-Cliffs really does a great job in the auto market, this stock could go even lower than $14. I’m going to have to say wait to pull the trigger."
Cramer said no to Clearfield, Inc. (NASDAQ: CLFD).
Price Action: Shares of Clearfield fell 2% to close at $33.01, while Cleveland-Cliffs slipped 1.1% to $14.09 on Monday. Cassava Sciences shares fell 1% to settle at $20.89, while Trane Technologies Power rose 2.2% to close at $210.40 on Monday. Rivian Automotive shares gained 1.3% to $23.41, while PayPal shares gained 1.6% to close at $61.93. Albemarle’s stock gained 1% to settle at $186.32, while ONEOK shares fell 0.4% to close at $64.53 on Monday.
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