Jim Cramer Says This Stock Down 25% This Year Is 'Not To Be Touched, Because They're Doing Very Poorly'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said AST SpaceMobile Inc ASTS is an "exciting thing, not a stock. I think a stock is a company that makes money and then returns some of that money to you and trades inexpensively, and that one doesn’t qualify."

When asked about Cano Health Inc CANO, he said, "What the heck is going on with Cano Health?" The company’s stock is "just in freefall."

CANO is down 82% this year, and Benzinga analyst ratings data shows a consensus Neutral rating on the stock.

Cramer said Blue Bird Corporation BLBD is "not to be touched, because they’re doing very poorly."

When asked about Plains GP Holdings, L.P. PAGP, Cramer said, "Enterprise Products Partners L.P. EPD, I think is better than them, but that’s alright. " Cramer added he likes Energy Transfer LP ET more.

The "Mad Money" host said Lowe's Companies, Inc. LOW is a better buy than PGT Innovations, Inc. PGTI.

MP Materials Corp. MP is "doing a great job, they’ve got a contract with General Motors Company GM," Cramer said. "GM’s a winner, and so is MP."

Cramer said he likes ICON Public Limited Company ICLR as it’s a "very inexpensive stock."

Now Read: Tesla To Face Safety Trial In Seoul For 2020 Crash That Killed South Korean President's Friend 

Photo: Courtesy of Scott Beale on flickr

Market News and Data brought to you by Benzinga APIs
Posted In: Long IdeasNewsPenny StocksSmall CapMarketsMediaTrading IdeasCNBCJim Cramer
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!