Jim Cramer: Sunrun Had 'Bad Couple Of Quarters,' ExlService Holdings Is 'Solid'

Zinger Key Points

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying BlackRock, Inc. BLK. “Long term, I think it's going to be a great position,” he added.

Lending support to his choice, BlackRock reported a first-quarter adjusted EPS beat in April and announced that assets under management reached historic highs.

“We're not recommending stocks right now that are losing a lot of money because we think this could be a dicey environment,” Cramer said when asked about Tempus AI, Inc. TEM.

On the earnings front, Tempus AI will report financial results for the first quarter on Tuesday, May 6.

Cramer said no to Sunrun Inc. RUN, adding that the company reported a “bad couple of quarters.”

Supporting his view, Citigroup analyst Vikram Bagri, on April 17, downgraded the rating for Sunrun from Buy to Neutral and announced a $7 price target.

The Mad Money host said he likes ExlService Holdings, Inc. EXLS, adding that it is “one of the fintech stocks that's been proving to be very solid.”

Lending support to his choice, ExlService Holdings posted better-than-expected earnings results for the first quarter on April 29.

Cramer said he wants to buy Union Pacific Corporation UNP right here as he likes this level.

On the earnings front, Union Pacific, on April 24, reported quarterly operating revenue of $6.027 billion, flat year-over-year, missing the consensus of $6.08 billion

Price Action:

  • BlackRock shares gained 0.2% to settle at $916.14 on Thursday.
  • Tempus AI shares rose 0.4% to close at $51.85 during the session.
  • Sunrun shares gained 4.4% to settle at $7.19 on Thursday.
  • ExlService shares fell 4.5% to close at $46.31.
  • Union Pacific shares fell 0.7% to settle at $214.08 on Thursday.
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