Benzinga - by Priya Nigam, Benzinga Staff Writer.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Topgolf Callaway Brands Corp. (NYSE: MODG) is making money. "I think it’s a great experiential situation, but I have been wrong,” he added.
When asked about Under Armour, Inc. (NYSE: UA), he said, "We got to see something, we got to see a good quarter. We have to see something that tells me that Stephanie Linnartz is doing a good job." He added, "I don’t have enough data to make me say buy it."
Cramer said Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) is excellent. "That is an amazing company," he added.
"It’s almost like they’re arranging the deck chairs on the Titanic," Cramer said when asked about BlackBerry Limited (NYSE: BB). "I’m not going there, I’m not a believer."
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When asked about Sabre Corporation (NASDAQ: SABR), he said, "I think BKNG is the stock that you want to be in, not SABR."
Cramer recommends not buying any more of Shopify Inc. (NYSE: SHOP) right now. "I think we have to wait for it to come down to buy more," he added.
Kyndryl Holdings, Inc. (NYSE: KD) is "doing quite well, that last quarter was good, I think we’re going to get rid of the overhang, start seeing some great numbers," Cramer said.
Price Action: Shares of Kyndryl fell 0.5% to close at $15.02, while Shopify lost 0.7% to $52.19 on Thursday. Sabre settled at $3.84, while BlackBerry fell 11.2% to close at $3.79 on Thursday. Vertex shares rose 0.6% to close at $355.14, while Under Armour fell 0.5% to settle at $6.11 on Thursday. Shares of Topgolf Callaway Brands slipped 0.3% to close at $13.41 on Thursday.
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