Jim Cramer Says This Stock Is 'Tough One'


On CNBC’s "Mad Money Lightning Round," Jim Cramer said Blackstone Inc. BX is a very good company. Despite having a giant run recently, he expects the stock to go "even higher still."

When asked about NIO Inc. NIO, Cramer said he recommends Tesla, Inc. TSLA, Rivian Automotive, Inc. RIVN, Fisker Inc. FSR and Lucid Group, Inc. LCID over the Chinese automobile manufacturer.

The "Mad Money" host said EVgo, Inc. EVGO is a "tough one" as all these stocks have just had a significant run up and "when we’ve gotten involved in these after the runs, it has always crushed us. " Cramer said he is not expecting any different thing this time also.

Price Action: Shares of Blackstone rose 1.2% to close at $143.00, while Nio shares gained 1.1% to settle at $42.67 on Friday. EVgo’s stock closed at $18.90, down 1.7%.

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Posted In: MarketsMediaTrading IdeasCNBCJim Cramermad money Lightning Round
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