Jim Cramer Says This Tech Stock Up More Than 60% In 2023 Is An 'Expensive Stock, But It Is A Good One' -

On CNBC’s "Mad Money Lightning Round," Jim Cramer said The Trade Desk, Inc. (NASDAQ:TTD) is an "expensive stock, but it is a good one." The company’s stock gained around 61% year-to-date.

When asked about Adient plc (NYSE:ADNT), he said, "I can’t recommend anything that’s even remotely near the blast zone that is autos right now."

Cramer said he has been shocked that Occidental Petroleum Corporation (NYSE:OXY) hasn’t moved up more "since Warren Buffett continues to buy it, but oil has been a surprising loser here." He added, "I would suggest that you take a hard look at buying the stock of Coterra Energy Inc. (NYSE:CTRA)."

When asked about Marvell Technology, Inc. (NASDAQ:MRVL), he said, "I think that Matt Murphy is doing a terrific job…but I think that the better buy right now may actually be Broadcom Inc. (NASDAQ:AVGO)."

Cramer said he doesn’t like AT&T Inc. (NYSE:T).

"I think it’s a terrific situation," Cramer said about Northrop Grumman Corporation (NYSE:NOC). "I think you’ve got a fine one in Northrop Grumman, buy more."

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The "Mad Money" host said Edwards Lifesciences Corporation (NYSE:EW) reported a "terrible" quarter. "They must do better than that," he added.

When asked about Lucid Group, Inc. (NASDAQ:LCID), Cramer said he is not recommending any stocks that are losing lots of money.

Cramer said Emerson Electric Co. (NYSE:EMR) remains a "core holding" for his charitable trust.

Price Action: Shares of Emerson rose 0.7% to close at $89.61, while Lucid fell 1.7% to $4.05 on Wednesday. Edwards Lifesciences rose 0.2% to settle at $63.83, while Northrop Grumman fell 0.7% to close at $468.26 during Wednesday’s session. Shares of AT&T gained 1.2% to close at $15.58, while Marvell gained 1% to $47.70 on Wednesday. Broadcom shares rose 1.4% to $852.94, while Coterra gained 0.2% to settle at $27.55. Shares of Occidental Petroleum fell 0.7%, while Adient and Trade Desk lost 0.3% each on Wednesday.

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EMREmerson Electric Co

$132.22-%

EWEdwards Lifesciences Corp

$82.00-0.47%

LCIDLucid Group Inc