On CNBC’s "Mad Money Lightning Round," Jim Cramer recommended not buying ChargePoint Holdings, Inc. (NYSE:CHPT) because it's losing money.

Sell Phathom Pharmaceuticals, Inc. (NASDAQ:PHAT), Cramer recommends. It's "way too speculative."

As for Navitas Semiconductor Corporation (NASDAQ:NVTS), Cramer says "so many semiconductors are making a ton of money here. We’re not going to buy one that is actually losing money."

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Luminar Technologies, Inc. (NASDAQ:LAZR) is also "losing too much money," the "Mad Money" host said.

Cramer likes Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) and recommends buying it. "My only risk there is China, and I am concerned, but I think it will be ok," he noted.

Regarding RTX Corporation (NYSE:RTX), "their commercial business has gotten very tough because of that problem with that one engine," Cramer says. "I don’t think we can touch it still."

Axon Enterprise, Inc. (NASDAQ:AXON), meanwhile, is a "very well-run company," Cramer says. "They do a lot of good things. I think it has been one of my longest-standing recommendations, and you should buy the stock," he added.

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