Cramer Says This AI Company 'Actually Lived Up To Their Hype': Stock Is Up 148% This Year

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Energy Transfer LP ET is "good."

Cramer said he likes Kratos Defense & Security Solutions, Inc. KTOS.

When asked about Perrigo Company plc PRGO, he said, "If you want knock-off, you want the Kirkland Signature Brand, which means you want Costco COST."

Cramer said Robinhood Markets, Inc. HOOD is "not really that profitable, that’s the problem, It’s just not."

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The "Mad Money" host said Palantir Technologies Inc. PLTR reported a "really good quarter, and they actually lived up to their hype. So I am reluctant to say anything bad about them, and they’re going to make money. So I say Palantir, two cheers for Palantir." Shares of Palantir are up over 148% in 2023.

Cramer recommended staying away from PacWest Bancorp PACW. The company’s stock is down more than 66% year-to-date.

Price Action: Shares of PacWest Bancorp fell 3% to close at $7.67, while Palantir Technologies lost 0.8% to $15.88 on Monday. Robinhood shares fell 0.8% to settle at $9.73, while Perrigo fell 1.9% to close at $31.36 on Monday. Kratos shares gained 0.3% to settle at $15.07, while Energy Transfer lost 1.8% to close at $13.78 on Monday.

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