Cramer Says This Company Is 'Losing Too Much Money'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said people actually trust Coinbase Global Inc COIN. "They believe in it, and that is going to keep it from going down much more." However, he added, "Not enough of a reason for me to own it."

When asked about Lucid Group Inc LCID, he said, "I love the car. They’re losing too much money."

The "Mad Money" host recommended not going for Fomento Económico Mexicano, S.A.B. de C.V. FMX.

When asked about FLEX LNG Ltd FLNG, Cramer said, "Jimmy Chill likes FLEX. Why? Because it’s got a product that we all need."

"The whole neighborhood went to hell," Cramer said, when asked about ChargePoint Holdings Inc CHPT.

Photo courtesy of Lucid Group.