Jim Cramer Says He's Passing On This $10 Social Media Stock As It's 'Losing Money' - Global X S&P 500 U.S

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Rhythm Pharmaceuticals, Inc. (NASDAQ:RYTM) is a "very interesting company. Does weight loss, but I’ve got a company that does weight loss and a lot of other things and it’s called Eli Lilly and Company (NYSE:LLY)."

When asked about Vista Outdoor Inc. (NYSE:VSTO), Cramer said, "You know, Vista Outdoor if you actually got rid of the guns, I am a hunter, if you got rid of the guns and had just all the other stuff, I think the stock would be higher because that’s the world we’re in. Not saying it’s a good world, bad world, but it is the world we’re in."

The "Mad Money" host said he has no reason to recommend buying Snap Inc. (NYSE:SNAP) as it is "losing money, other than the fact it’s a $10 stock. I can’t make that be the only reason why I recommend the stock."

"All the bulk shippers have the same problem," Cramer said when asked about Eagle Bulk Shipping Inc. (NASDAQ:EGLE). Despite having giant yields, they are "not worth it. I don’t like the risk."

EGLEGlobal X S&P 500 U.S. Revenue Leaders ETF

RYTMRhythm Pharmaceuticals Inc

$90.52-%

SNAPSnap Inc

$5.51-0.44%

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