Jim Cramer Says Eventbrite Has Great Management, Doesn't Recommend This Parabolic Stock

On CNBC’s "Mad Money Lightning Round," Jim Cramer said SK Telecom Co.,Ltd SKM is good, but he doesn’t like the carrier business as it's getting competitive. He recommends owning Facebook if "you want metaverse" exposure.

Cramer said Eventbrite, Inc. EB is an event planning company with a great management.

The "Mad Money" host said Encore Wire Corporation WIRE stock has been trading up-and-down from the first day, and is now trading higher. Cramer said he doesn’t recommend a parabolic stock, calling it "too dangerous."

Cramer said he is not able to figure out why Origin Materials, Inc. ORGN has been moving lower "when everyone in its cohort" is going up.

Price Action: Shares of SK Telecom rose 1.4%, while Eventbrite’s stock gained 4.7% on Monday. Encore Wire shares gained 4.6%, while Origin Materials shares climbed 8% on Monday.