Jim Cramer Is Staying Away From This Stock, Says It's The 'Best One Of A Bad Neighborhood'

Jim Cramer Is Staying Away From This Stock, Says It's The 'Best One Of A Bad Neighborhood'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said ChargePoint Holdings, Inc. CHPT is the "best one of a bad neighborhood." However, he added that the company is "not making money, and we can’t recommend stocks that aren’t making money in this environment. It’s too hard."

The "Mad Money" host said Veru Inc. VERU shares might not rise as much as Moderna, Inc’s MRNA did if Veru receives emergency use clearance for its Covid treatment.

Also Read: Here's A Dividend Stock Both Warren Buffett And George Soros Agree On 

When asked about Jackson Financial Inc. JXN, Cramer said, "I like that call."

Price Action: Shares of Jackson Financial fell 3.9% to close at $33.02 on Monday. Veru shares dropped by 2.9%, while ChargePoint lost 6.1% in the previous session.

Photo: Courtesy of Scott Beale on flickr

Posted In: CNBCJim CramerNewsSmall CapMarketsMediaTrading Ideas