Cramer Is Still Bullish On AI Company Up 155% YTD: 'I Remain A Buyer'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he's surprised by the slow progress of Rambus Inc. RMBS. He said, "well, it does make money, the company makes money... so I am going to endorse it, but I cannot believe how long it’s taken to get to where it’s going."

Cramer said he likes Palantir Technologies Inc. PLTR as the company reported a great quarter. "I remain a buyer," he added.

When asked about Commercial Metals Company CMC, he said, "I’ve liked that company for 30 years. I like the metal recycling business, and I think it’s terrific, second only to Nucor Corporation NUE, as far as I’m concerned in that group."

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The "Mad Money" host said Coherus BioSciences, Inc. CHRS is a "good spec, let’s just leave it at that."

Price Action: Shares of Coherus Biosciences gained 7.2% to close at $5.20, while Commercial Metals rose 0.6% to $53.66 on Monday. Palantir Technologies shares gained 6.3% to $16.30, while Rambus shares rose 2.1% to close at $61.56 on Monday.

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Photo: Shutterstock

 

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