Jim Cramer Says Nu Skin Is 'Overvalued,' Praises 'Fabulous' Pure Storage

Zinger Key Points
  • Nu Skin is an "overvalued" stock even at these prices, says Cramer
  • Jim Cramer says Pure Storage is a "fabulous" company.

On CNBC's “Mad Money Lightning Round,” Jim Cramer said he likes Pure Storage, Inc. PSTG, adding that it is a “fabulous” company.

Pure Storage is expected to host a conference call on Wednesday, May 29 to discuss its financial results for the first quarter fiscal year 2025.

“Anything connected with EVs right now is a no go,” Cramer said when asked about Albemarle Corporation ALB.

On May 1, Albemarle reported mixed results for the first quarter.

When asked about AeroVironment, Inc. AVAV, he said, “We've been behind AeroVironment forever, and the reason is that they make drones that are much less expensive than the other stuff the military buys.”

On March 4, AeroVironment said third-quarter revenue increased 39% year-over-year to $186.6 million, which beat the consensus estimate of $170.625 million.

The “Mad Money” host said Nu Skin Enterprises, Inc. NUS is an “overvalued” stock even at these prices.

On May 8, Nu Skin Enterprises posted weaker-than-expected quarterly results.

AllianceBernstein Holding L.P. AB is a “very well-run” company, Cramer said. “Always surprised that it is as inexpensive as it is.”

On April 25, AllianceBernstein posted better-than-expected first-quarter earnings results.

When asked about MicroStrategy Incorporated MSTR, Jim Cramer said, “If you want Bitcoin, don't buy MicroStrategy.”

On April 29, MicroStrategy reported worse-than-expected first-quarter financial results.

“These are infrastructure plays that are working because that money is starting to pour in from the federal government. That's why that's a winner,” Cramer said when asked about Sterling Infrastructure, Inc. STRL.

On May 6, Sterling Infrastructure reported better-than-expected first-quarter financial results.

Price Action:

  • AllianceBernstein shares rose 0.2% to settle at $32.65 on Monday.
  • Pure Storage shares fell 0.2% to close at $54.33.
  • Albemarle shares rose 1.5% to settle at $131.51 on Monday.
  • MicroStrategy shares gained 5.6% to settle at $1,245.96.
  • AeroVironment shares rose 0.4% to close at $187.28 on Monday.
  • Sterling Infrastructure shares fell 0.6% to settle at $128.08 on Monday.
  • Nu Skin shares gained 2.2% to close at $13.51.

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