'I Think It's Going Nowhere:' Jim Cramer On Major Telecom Company

On CNBC’s "Mad Money Lightning Round," Jim Cramer said U-Haul Holding Company UHAL is a "very inexpensive stock…I think it is unheralded and is going higher, even though it’s already up 30% for the year."

When asked about Verizon Communications Inc. VZ, he said, "The fact is is that we don’t want to buy a stock just for its dividend, but if it’s not growing. Verizon to me has lost its way, I don’t think its management is very crisp anymore, and I don’t care where you bought it, I care where it’s going, and I think it’s going nowhere."

The "Mad Money" host said Evolv Technologies Holdings, Inc. EVLV is a "good one, too, but Leidos Holdings, Inc. LDOS, is my favorite."

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When asked about BP p.l.c. BP, he said, "I thought the earnings were a yawner. I do not buy stocks to yawn … I don’t think there’s anything there that is exciting."

Price Action: Shares of BP fell 0.9% to close at $36.96, while Leidos rose 6.9% to $99.98 on Tuesday. Evolv Technologies shares rose 2.7% to settle at $6.76, while Verizon lost 1.9% to close at $33.43 during the Tuesday’s session. U-Haul shares slipped 0.8% to $60.37 on Tuesday.

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