Cramer Says This Company Is Fabulous, 'But It Doesn't Make Money, And That's A Problem'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Plug Power Inc (NASDAQ:PLUG) is losing money and it is expected to go down.

Cramer said Roblox Corp (NASDAQ:RBLX) is a "fabulous company, but it doesn’t make money, and that’s a problem."

When asked about Iridium Communications Inc (NASDAQ:IRDM), he said, "You and I both know it’s the right place."

The "Mad Money" host said Cameco Corp (NYSE:CCJ) did a "really lousy deal" with Westinghouse Electric. "I would never have done that deal if I were them," he added.

Cramer said he used to believe in Western Union Co (NYSE:WU). He added, "But they have no growth whatsoever. We can’t own stocks that have no growth in a period of Fed tightening."

Photo via Shutterstock.

 

 

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