Why Jim Cramer Prefers This Mining Stock Over Vale

On CNBC’s "Mad Money Lightning Round," Jim Cramer said ChargePoint Holdings, Inc. (NYSE:CHPT) is "part of a very challenged group." Following a deep research on the group, he added that there are several players and there has "not been enough consolidation." He recommended avoiding the stock.

The "Mad Money" host said no to Squarespace, Inc. (NYSE:SQSP).

Cramer said he prefers Rio Tinto Group (NYSE:RIO) to Vale S.A. (NYSE:VALE) as Vale has lot of environmental issues.

Cramer said he recommends Alibaba Group Holding Limited (NYSE:BABA) for long term, but for short term, it’s "obviously bouncing."

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