Why Jim Cramer Likes Progyny

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Lemonade, Inc. LMND is down so low. He recommends holding onto the stock for a little bit more time.

Cramer said Digital World Acquisition Corp. DWAC is too hard for him.

"Jimmy Chill knows not to go too close to that one," he said. "That’s what I call a dice roll, and I cannot opine on a dice roll."

The "Mad Money" host said he likes Progyny, Inc. PGNY as it has a great business model. He recommends buying the stock.

ZipRecruiter, Inc. ZIP is "under the radar," Cramer commented. He added that the company "needs sponsorship badly."

Price Action: Shares of Lemonade dipped 6.6% to close at $54.07, while Digital World Acquisition shares fell 3.9% to $56.20 on Thursday. ZipRecruiter’s shares fell 1.6%, while Progyny’s stock dropped 5%.