Jim Cramer Likes This Financial Stock: It's 'Breaking Out.' As For The Kroger Deal - Albertsons Companies

On CNBC’s "Mad Money Lightning Round," Jim Cramer recommended buying Banco Santander, S.A. (NYSE:SAN). "The stock is breaking out. The Brazilian market is terrific. They are crushing it in Mexico," he added.

When asked about The Kroger Co. (NYSE:KR), Cramer said, "I think the government’s going to block that merger [with Albertsons Companies Inc (NYSE: ACI)]."

The pending deal between Kroger and Albertsons would create one of the biggest retail companies in history at more than 5,000 stores and some 700,000 workers.

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"I want them to be profitable before I say anything good about them. They’re too early stage," the "Mad Money" host said about Asana, Inc. (NYSE:ASAN).

Price Action: Shares of Asana gained 3.9% to close at $19.44, while Banco Santander rose 1.2% to $4.20 on Friday. Kroger fell 0.5% to $44.58, while Albertsons rose 0.7% to settle at $22.19 during Friday’s session.
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ACIAlbertsons Companies Inc

SANBanco Santander SA

$13.700.51%

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