Cramer's Top Auto Pick After 'Very Big Spike': 'By Far The Best Of The Group'

Zinger Key Points
  • Jim Cramer praises Weyerhaeuser and Take-Two, advises holding Stellantis after significant spike.
  • Cramer favors Sempra, AEP over NextEra, recommends Palo Alto Networks over Fortinet.

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes Weyerhaeuser Company’s WY stock long term. "I think they’re doing a lot of good things, making a lot of money," he added.

Cramer said he likes Take-Two Interactive Software, Inc. TTWO and recommended buying the stock. "I watched the trailer for Grand Theft Auto, I thought it was amazing," he noted.

When asked about New Fortress Energy Inc. NFE, he said, "I think that this is all about Wes Edens being able to have a great vision over a multiple-year period."

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Cramer recommended holding onto Stellantis N.V. STLA because the stock "just had a very big spike. It is by far the best of the group."

The "Mad Money" host said he likes RadNet, Inc. RDNT very much. "We had Dr. Berger on, I thought it was a super story, and I just think I’m going to stick behind it," he added.

When asked about NextEra Energy, Inc. NEE, Cramer said he likes Sempra SRE and American Electric Power Company, Inc. AEP. "Those are more our cups of tea. This one, not so much," he added.

Cramer said Crocs, Inc. CROX is "too dicey."

When asked about Fortinet, Inc. FTNT, he said, "I've got to buy best of breed. That’s why I like Palo Alto Networks, Inc. PANW."

Price Action: Shares of Palo Alto gained 2.2% to close at $292.78, while Fortinet rose 0.5% to $52.52 on Tuesday. Crocs fell 2.7% to $102.20, while American Electric Power fell 1% to $79.31 during Tuesday’s session. Sempra fell 1.8% to $70.93, while NextEra Energy shares fell 0.8% to settle at $58.23. RadNet shares rose 0.5%, while Stellantis rose 0.1% on Tuesday. New Fortress Energy fell 2%, Take-Two fell 0.5% and Weyerhaeuser’s shares declined 0.9% on Tuesday.

Now Read This: How To Earn $500 A Month From Kroger Stock After Last Week's Upbeat Earnings Report

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