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Lightning Round: Jim Cramer Weighs In On Monster Beverage, General Electric And More

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Lightning Round: Jim Cramer Weighs In On Monster Beverage, General Electric And More

On CNBC's "Mad Money Lightning Round," Jim Cramer said Monster Beverage Corporation (NASDAQ: MNST) is a Hold. He is concerned because the PepsiCo, Inc. (NYSE: PEP) management spoke on their conference call about a weakness in the convenience store section of their business. He would not sell it, because he thinks that The Coca-Cola Co (NYSE: KO) should buy Monster Beverage Corporation.

Easterly Government Properties Inc (NYSE: DEA) is a Buy, thinks Cramer. He explained that it has a good and safe yield and he doesn't believe that the interest rates are going to skyrocket.

Cramer thinks that Consolidated Edison, Inc. (NYSE: ED) and American Electric Power Company Inc (NYSE: AEP) are better picks than Duke Energy Corp (NYSE: DUK).

Cramer's charitable trust fund owns General Electric Company (NYSE: GE). He is disappointed by the performance of the stock. He added that the management change might be the necessary shake up.

Gardner Denver Holdings Inc (NYSE: GDI) is not a Buy, believes Cramer. He thinks that crude oil is going to stop at $50. He added that the stock is a better Sell than Buy.

Latest Ratings for MNST

DateFirmActionFromTo
Aug 2020Morgan StanleyMaintainsEqual-Weight
Aug 2020Credit SuisseMaintainsOutperform
Aug 2020Deutsche BankMaintainsBuy

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