On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes Blackstone Inc. BX, but the "problem is I don’t know what’s in the trust. So, therefore, it’s too much of a black box for me, so I’m not going to go for it."
When asked about Dominion Energy, Inc. D, Cramer said, "I am concerned about the dividends, so I’m going to take a hard pass on Dominion."
Solar Stocks: When asked about Sunrun Inc. RUN, the "Mad Money" host responded: "The solar stocks are tricky."
Cramer explained that he is not recommending any stocks that are losing money, citing how the company’s stock has declined around 28% over the previous month.
Cramer said he prefers Public Storage PSA over Extra Space Storage Inc. EXR.
"I don’t want you in BP plc BP," Cramer said. "I like the independents in the Permian, that’s the way to go."
Cramer also likes FMC Corporation FMC, calling it a great agriculture play. "And I think that it’s one of those feed the world plays that is out of step with the market, but we’re always going to have to feed the world," he added.
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Price Action: Shares of FMC fell 1.1% to close at $62.79, while BP gained 2.4% to $37.27 on Friday. Public Storage rose 2% to settle at $263.97, while Extra Space Storage gained 1.7% to close at $118.52 on Friday.
Sunrun shares climbed 4.4% to close at $10.45, while Dominion Energy rose 1.8% to settle at $41.70 on Friday. Shares of Blackstone added 0.9% to close at $105.13 on Friday.
Image: Shutterstock
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