On CNBC’s "Mad Money Lightning Round," Jim Cramer said New Relic, Inc. NEWR recorded one of the most "unbelievable quarters."
Cramer recommends sticking long-term with DraftKings Inc. DKNG, but warned that it could be a "house of pain" during the short term.
The Mad Money host said he didn’t like GrowGeneration Corp’s GRWG recent quarter with the company not recording the organic growth he wanted. He added the company is "just not right."
When asked about Himax Technologies, Inc. HIMX, Cramer said he only likes Tower Semiconductor Ltd. TSEM among the stocks in Taiwan.
Cramer recommends holding Plug Power Inc. PLUG and not buying it right here as the stock had a huge run, which is expected to result in a pullback.
Following a very big run, Cramer recommends selling 3D Systems Corporation DDD.
Price Action: Shares of New Relic slipped 0.4% to close at $121.17, while DraftKings dropped 2.8% to settle at $39.36 on Monday.
GrowGeneration shares rose 1.9%, while Himax Technologies and Plug Power fell 1.7% and 3.1%, respectively.
Shares of Tower Semiconductor and 3D Systems gained 0.6% and 1.5%, respectively.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.