Jim Cramer Says This Materials Stock Is A 'Great Spec,' Plus He Recommends Buying Abercrombie & Fitch

Zinger Key Points
  • Jim Cramer says he is "not a big fan" of Excelerate Energy.
  • Cramer says Ecolab is "just a winner."

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommends buying Abercrombie & Fitch Co. ANF.

Abercrombie & Fitch is scheduled to report its first-quarter earnings on Wednesday. Analysts expect the company to report quarterly earnings at $1.56 per share on revenue of $941.66 million.

Taseko Mines Limited TGB is a “great spec,” Cramer said. He recommended buying the stock.

On May 2, Taseko Mines posted downbeat first-quarter earnings, while sales topped expectations.

The “Mad Money” host said he is “not a big fan” of Excelerate Energy, Inc. EE.

On May 8, Excelerate Energy posted stronger-than-expected quarterly earnings.

“Winner winner chicken dinner,” Cramer said when asked about Sprouts Farmers Market, Inc. SFM. “That's a juggernaut.”

On May 14, Evercore ISI Group analyst Michael Morris maintained Sprouts Farmers Market with an In-Line and raised the price target from $68 to $70.

Cramer said Ecolab Inc. ECL is “just a winner” and recommended buying the stock.

On April 30, Ecolab reported quarterly adjusted earnings per share of $1.34, which is in line with the Street view. Quarterly sales of $3.752 billion beat the analyst consensus of $3.748 billion.

Price Action:

  • Abercrombie & Fitch shares gained 2.9% to settle at $139.61 on Friday.
  • Taseko Mines shares gained 9.2% to close at $2.97.
  • Excelerate Energy shares gained 0.1% to settle at $18.65 on Friday.
  • Sprouts Farmers Market shares rose 1.5% to settle at $78.57.
  • Ecolab shares rose 0.4% to close at $233.66 on Friday.

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Photo via Shutterstock.

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