Cramer Says This Tech Stock Is 'So Hated On Wall Street, I Think The Hate Is Overly Done'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said ZoomInfo Technologies Inc. ZI is "so hated on Wall Street, I think the hate is overly done, but there’s no rescuing a stock that’s despised."

Cramer said he likes Carnival Corporation CCL. "Now, they have had a very big move. Carnival Cruises doubled. I say we let it kind of simmer right now, go to Norwegian," he added.

Don’t forget to check out our premarket coverage here.

The "Mad Money" host said although he likes ASML Holding N.V. ASML, he likes Lam Research Corporation LRCX more.

Price Action: Shares of ASML fell 2.5% to close at $715.67, while Lam Research dropped 3.4% to $628.58 on Wednesday. Carnival shares gained 1.3% to $19.21, while ZoomInfo shares dropped 2.7% to settle at $25.48 during the same session.

Now Read This: Investor Optimism Improves Slightly Following Fed Minutes

Photo via Shutterstock. 

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!