Lightning Round: Jim Cramer Advises His Viewers On Hertz, Macy's And More


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On CNBC's "Mad Money Lightning Round", Jim Cramer said that Hertz Global Holdings, Inc (NYSE:HTZ) is trading higher because the price of used cars increased.

Fastenal Company (NASDAQ:FAST) is a cheap stock, but Cramer would rather buy Honeywell International Inc. (NYSE:HON).

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AES Corp (NYSE:AES) has a 4 percent dividend yield, but it doesn't have a catalyst, said Cramer.

Cramer decided to stop recommending stocks like PTC Therapeutics, Inc. (NASDAQ:PTCT) because it's too hard to make a call.

Petmed Express Inc (NASDAQ:PETS) is a buy. He likes the stock even at its recent highs.

Macy's Inc (NYSE:M) is done going lower, but Cramer would rather own PVH Corp (NYSE:PVH).

Instead of Cutera, Inc. (NASDAQ:CUTR), Cramer would buy Allergan plc (NYSE:AGN).

Valeant Pharmaceuticals Intl Inc (NYSE:VRX) is paying back its debt and Cramer thinks that it's going to $20.

In the semiconductor space, Cramer prefers Lam Research Corporation (NASDAQ:LRCX), Applied Materials, Inc. (NASDAQ:AMAT) and KLA-Tencor Corp (NASDAQ:KLAC) over Ultra Clean Holdings Inc (NASDAQ:UCTT).


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: CNBCJim CramerMediaTrading IdeasLightning RoundMad Money