Jim Cramer Says This Gold Stock 'Has Been A Disappointment'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he is concerned about Spirit Airlines, Inc. SAVE because that "market has become very competitive. They were hoping to do a little bit more consolidation, the government's not going to let them, so I'm going to say we should take a pass on Spirit, there's better, other places to go, and I like Delta Air Lines, Inc. DAL."

When asked about IonQ, Inc. IONQ, he said, "Because it’s quantum computing, and people are desperate to find something that does quantum, I kid you not." Cramer said he can’t recommend the stock as it’s losing money.

Cramer said ChargePoint Holdings, Inc. CHPT is losing money and again said he can’t recommend the stocks that are losing money.

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The "Mad Money" host said Barrick Gold Corporation GOLD has been a "disappointment."

Cramer said Marvell Technology, Inc. MRVL reported a good quarter, mostly because they "had this tremendous AI business that goes in conjunction with what NVIDIA Corporation NVDA is doing." He recommended waiting for a pullback before pulling the trigger.

Cleveland-Cliffs CLF is "doing better than people realize, but they know that Nucor Corporation NUE is my favorite. Nucor is the way if you want to be in a steel company — Nucor is the one you want," he said. 

Cramer said he doesn’t know about Coursera, Inc. COUR and he is not going to opine on something he does not know.

Price Action: Shares of Coursera gained 2.5% to close at $15.69, while Cleveland-Cliffs rose 3.2% to $17.65 on Monday. Marvell shares rose 0.3% to settle at $65.13, while Barrick Gold added 1.8% to close at $17.29 during the Monday’s session. ChargePoint shares rose 5.2% to $8.66, while IonQ gained 7.4% to $19.25. Spirit Airlines rose 0.7% to $18.30 on Monday.

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