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Cramer Gives His Opinion On Workhorse, Callaway Golf And More

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Cramer Gives His Opinion On Workhorse, Callaway Golf And More

On CNBC's "Mad Money Lightning Round," Jim Cramer said Workhorse Group Inc (NASDAQ: WKHS) is a show horse as far as he is concerned. He is not a buyer and he likes Plug Power Inc (NASDAQ: PLUG) in the space.

Voya Financial Inc (NYSE: VOYA) is the best house in a real bad neighborhood, said Cramer. He is not recommending anything in the financial or the oil sector.

Cramer thinks New York Community Bancorp's (NYSE: NYCB) dividend is too risky. He doesn't like the shape of the U.S. economy right now, if COVID-19 keeps growing.

MPLX LP (NYSE: MPLX) has a dividend yield of 16% and typically that kind of yield is not sustainable, believes Cramer.

Callaway Golf Co (NYSE: ELY) is trading lower because people think that it paid to much for Topgolf, explained Cramer. If the stock trades lower on Friday, he would be a buyer.

Cramer was hoping we would have COVID-19 under control, but the longer it lasts Simon Property Group Inc (NYSE: SPG) and its property are less valuable.

 

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Posted-In: CNBC Jim Cramer mad money Lightning RoundMedia