Zinger Key Points
- Jim Cramer wants to stay away from Bitcoin after ETF launch's "nasty beginning."
- General Electric's CEO Larry Culp is just 'making money left and right,' Cramer says.
- How to Spot the Market Bottom: Matt Maley has navigated every major market turn in the last 35 years, and on Wednesday, March 26, at 6 PM ET, he’s revealing how to recognize when the worst is over, the trades to make before the next bull market takes off, and the stocks and sectors that will lead the recovery.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes U-Haul Holding Company UHAL. "I’m fine with it," he says.
"When rates go up, people sell gold, and that means you should buy gold. Because we buy gold for insurance," Cramer said when asked about Barrick Gold Corporation GOLD
Cramer recommended buying Micron Technology, Inc. MU.
When asked about Westinghouse Air Brake Technologies Corporation WAB, he said, "I don’t want to come in now that the stock’s selling at 27 times earnings."
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Cramer said he doesn’t want to go into Marathon Digital Holdings, Inc. MARA and wants to stay away from Bitcoin BTC/USD.
When asked about General Electric Company GE, Cramer praised CEO Larry Culp for "just making money left and right."
The "Mad Money" host called Genie Energy Ltd. GNE "kind of a generic one in an industry where we got to have something better than generic."
Cramer said Caterpillar Inc. CAT is "going to have terrific year, and don’t be dissuaded about China or oil price, whatever."
Price Action
- Shares of Caterpillar gained 1.2% to close at $281.90.
- Genie Energy shares rose 0.5% to $20.14 on Thursday.
- GE gained 1.3% to settle at $128.55.
- Marathon Digital shares fell 6.9% to close at $16.07 during Thursday’s session.
- Westinghouse Air Brake Technologies shares rose 0.7% to settle at $126.74.
- Micron gained 1.9% to $84.82 on Thursday.
- Barrick Gold slipped 0.2%.
- U-Haul rose 0.5% to close at $65.59 on Thursday.
Now Read This: Top 4 Energy Stocks You May Want To Dump In January
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