'Wait For A Pullback:' Jim Cramer On This Materials Stock Up 35% Over Past Month

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he is "pulling the plug" on Plug Power Inc. PLUG "No-go from me," he added.

The Latham, New York-based company keeps missing the quarters.

Cramer recommended buying Cleveland-Cliffs Inc. CLF. "It’s really well-run," he noted.

See Also: EXCLUSIVE - Jim Cramer Recommended SVB Financial In February, An Example Of 'His Reverse Midas Touch'

"I think you’re rolling the dice," Cramer said when asked about Marathon Digital Holdings, Inc. MARA, "You want to own Bitcoin, own Bitcoin."

Cramer said he likes Super Micro Computer, Inc. SMCI. "It’s a derivative of NVIDIA Corporation NVDA, frankly," he added.

Don’t forget to check out our premarket coverage here

The "Mad Money" host said InterDigital, Inc. IDCC is a premier digital wireless company, and is still inexpensive. "I can’t believe that it’s still at these low prices," he added.

When asked about MP Materials Corp. MP, he said, "It’s just not coming together fast enough."

Cramer said he would "wait for a pullback" in Ferroglobe PLC’s GSM stock. The company’s stock has gained over 35% over the previous month.

Price Action:

• Shares of Ferroglobe closed at $6.12.
• MP Materials rose 0.1% to $16.92 on Monday.
• InterDigital gained 1.4% to $102.42.
• NVIDIA fell 2.7% to $455.10 during Monday’s session.
• Super Micro Computer fell 1.2% to $266.35.
• Marathon Digital shares jumped 8.5% to settle at $14.86.
• Cleveland-Cliffs shares rose 0.4%.
• Plug Power rose 5.7% on Monday.

Now Read This: How To Earn $500 A Month From Dell Stock Following Last Week's Upbeat Earnings