Jim Cramer Weighs In On Carnival, Canadian Pacific Railway And More

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Fulgent Genetics, Inc. FLGT is a "mystery" to him. With the company doing quite well, he considers it a very good company.

When asked about Carnival Corporation CCL, Cramer said he likes Norwegian Cruise Line Holdings Ltd. NCLH as it has the best balance sheet: “Maybe we can go down to Carnival later," he said.

The "Mad Money" host said Canadian Pacific Railway Limited CP is a "rail that’s come down so far." He recommends buying the stock in case the economy rebounds again.

Cramer said the SEC is investigating Cassava Sciences, Inc. SAVA, according to Dow Jones. "Until I see more about that, I’m going to hold off pronouncing anything about Cassava," he added.

He said that Insmed Incorporated INSM is a pure speculative stock and nothing beyond that.

Cramer said Decarbonization Plus Acquisition Corporation III DCRC is a speculative stock.

"It’s a SPAC, none of them seem to be working right now, but it’s a great stock in principle, how about that," he added.