Jim Cramer Calls This Tech Stock 'Terrific' And Says 'I Heavily Suggest That You Buy Much More' Of DuPont

On CNBC's “Mad Money Lightning Round,” Jim Cramer said he wants to own the stock of MSCI MSCI.

On July 23, MSCI posted better-than-expected second-quarter financial results. MSCI reported fiscal 2024 second-quarter revenue growth of 14.0% year-on-year to $707.95 million, beating the analyst consensus estimate of $696.37 million.

Cramer said he likes the business of New Fortress Energy Inc. NFE, but something's going wrong there. “I can't figure out how to turn the stock around,” he added.

On Aug. 5, Barclays analyst Theresa Chen maintained New Fortress Energy with an Equal-Weight and lowered the price target from $27 to $19.

The Mad Money host recommended holding on to RPM International Inc. RPM. “That is one great company, it's an under the radar one, and I want you to own it,” he added.

On July 25, RPM International reported better-than-expected fourth-quarter earnings.

“I heavily suggest that you buy much more DuPont DD,” Cramer said.

On July 31, DuPont De Nemours reported better-than-expected second-quarter adjusted EPS and sales. Sales rose 2% Y/Y to $3.171 billion, beating the consensus of $3.049 billion. Organic sales remained flat Y/Y, with a 2% increase in volume offset by a 2% decrease in price.

Cramer recommended buying Palo Alto Networks, Inc. PANW and added that it is “terrific.”

Palo Alto will release the financial results for its fiscal fourth quarter and fiscal year 2024, after the closing bell on Monday, Aug. 19.

Price Action:

• MSCI shares gained 1.7% to settle at $526.11 on Tuesday.
• New Fortress Energy shares rose 1.6% to close at $16.40.
• RPM shares gained 0.3% to close at $115.01.
• DuPont shares gained 0.3% to settle at 78.05 on Tuesday.
• Palo Alto shares rose 2.6% to close at $301.93 on Tuesday.

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