Jim Cramer: OneMain Is 'Too Risky,' Recommends Buying Reddit

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Reddit, Inc. RDDT, calling it a “very good” stock.

On the earnings front, Reddit will release its first-quarter financial results after market close on Thursday, May 1. Analysts expect the company to report quarterly earnings at 2 cents per share on revenue of $370.12 million.

Cramer said he likes Brookfield Asset Management Ltd. BAM and added, “Those guys are real good.”

Supporting his view, B of A Securities analyst Craig Siegenthaler upgraded Brookfield Asset Management from Neutral to Buy on April 10 and maintained a price target of $65.

OneMain Holdings, Inc. OMF is “too risky,” Cramer said. “I want you to get out of that right now.”

OneMain Holdings will report its first-quarter results before the market opens on Tuesday, April 29.

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When asked about Harley-Davidson, Inc. HOG, he said, “It doesn't have the sales that I really like, but I think you can bounce from here.”

Harley-Davidson will release its first-quarter financial results before the opening bell on Thursday, May 1.

Price Action:

• Reddit shares gained 4.7% to settle at $112.25 on Thursday.
• Brookfield Asset Management shares gained 3.6% to close at $52.43 during the session.
• OneMain shares climbed 4.5% to settle at $48.69 on Thursday.
• Harley-Davidson shares gained 2.6% to close at $23.69 during the session.

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