Jim Cramer Likes This Financial Stock: It's 'Breaking Out.' As For The Kroger Deal...

Zinger Key Points
  • "I want them to be profitable before I say anything good about them," Kramer says of Asana.
  • Kramer says this bank is "crushing it in Mexico."

On CNBC’s "Mad Money Lightning Round," Jim Cramer recommended buying Banco Santander, S.A. SAN. "The stock is breaking out. The Brazilian market is terrific. They are crushing it in Mexico," he added.

When asked about The Kroger Co. KR, Cramer said, "I think the government’s going to block that merger [with Albertsons Companies Inc ACI]."

The pending deal between Kroger and Albertsons would create one of the biggest retail companies in history at more than 5,000 stores and some 700,000 workers.

Don’t forget to check out our premarket coverage here

"I want them to be profitable before I say anything good about them. They’re too early stage," the "Mad Money" host said about Asana, Inc. ASAN.

Price Action: Shares of Asana gained 3.9% to close at $19.44, while Banco Santander rose 1.2% to $4.20 on Friday. Kroger fell 0.5% to $44.58, while Albertsons rose 0.7% to settle at $22.19 during Friday’s session.
Now Read This: SHF Holdings And 3 Other Stocks Under $2 Insiders Are Buying

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Long IdeasM&ANewsPenny StocksTop StoriesMarketsMediaTrading IdeasCNBCJim Cramermad money Lightning Round
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!