Jim Cramer Says This Stock Is 'Really Cheap'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Academy Sports and Outdoors ASO is ”really cheap” and recommended buying the stock.

Cramer said he has historically liked Barrick Gold Corp ABX and is not giving up on the same. However, he added that ”gold has lost its ability to be a hedge” and now he prefers crypto to gold.

With Everbridge EVBG CEO David Meredith announcing his resignation, Cramer said, ”what I like when someone resigns just out of nowhere is an honest view of what the heck happened. I would like that.” However, he added that, ”I can’t recommend a stock, even if I think it’s great.”

When asked about Denali Therapeutics DNLI, Cramer said, “they do a lot of work with brains…and that’s a very speculative situation.”