Why Cramer Says Service Corp Is 'Long-Term Unfortunate Secular Play,' Considers Digital World Acquisition Hard To Analyze

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Service Corporation International SCI is just a "long-term unfortunate secular play" and recommends holding the stock. In case the stock pulls back, he suggests some more buying.

Cramer said Digital World Acquisition Corp. DWAC is a type of a short squeeze play that is hard to analyze.

The "Mad Money" host said Gores Guggenheim, Inc. GGPI is connected with Polestar and with Rivian going public, and the group has gotten a "little too hot." He said let’s allow the electric vehicle group to cool off "before we get hurt."

Price Action: Shares of Service Corporation fell 2.5% to close at $66.64, while Digital World Acquisition shares dropped 3.8% to settle at $56.56 on Friday. Gores Guggenheim’s stock, meanwhile, gained 1.2% to settle at $10.69 on Friday.