Why Jim Cramer Prefers This Mining Stock Over Vale

Why Jim Cramer Prefers This Mining Stock Over Vale

On CNBC’s "Mad Money Lightning Round," Jim Cramer said ChargePoint Holdings, Inc. 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.

Cramer said he likes Prothena Corporation plc PRTA as it has a very positive Alzheimer’s formulation and other things too. He, however, added that, Eli Lilly and Company LLY is the "winner because Lilly does not have the bad work that Biogen Inc. BIIB has, wasn’t looking for big money and has more prestige within the brain community."

The "Mad Money" host said no to Squarespace, Inc. SQSP.

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

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

QuantumScape Corporation QS has "big detractors," Cramer said. He wanted Volkswagen AG VWAGY to take a bigger stake in QuantumScape, but they haven’t done the same. "If they did that, then I think it would really get things rolling," he added.

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