Jim Cramer Likes Cava Group, Calls This Utilities Stock 'Terrific'

On CNBC's “Mad Money Lightning Round,” Jim Cramer said he likes CAVA Group, Inc. CAVA.

On Oct. 29, Citigroup analyst Jon Tower maintained Cava Group with a Neutral and raised the price target from $115 to $140.

When asked about GE Aerospace GE, he said, “You have to have planes last longer. And that means more GE business.”

On Oct. 22, GE Aerospace reported third-quarter 2024 adjusted revenue growth of 6% year-over-year to $8.943 billion and GAAP revenue of $9.84 billion. The analyst consensus was $9.022 billion.

Stryker SYK is a “really good” company,” Cramer said. “It's just one of those companies that you just want to own it — I hate to say this — and forget about it, because that's how good it is.”

On Oct. 22, Stryker reported quarterly earnings of $2.87 per share which beat the analyst consensus estimate of $2.77 per share. The company reported quarterly sales of $5.49 billion which beat the analyst consensus estimate of $5.37 billion.

Lantheus Holdings, Inc. LNTH is “very good,” he said. “It's a great place to be, particularly with all the things that are being done with AI.”

Lantheus Holdings will host a conference call on Wednesday, Nov. 6, to discuss its financial and operating results for the third quarter.

Essential Utilities, Inc. WTRG is a “great” company, the Mad Money host said. “That is a terrific stock.”

Essential Utilities will report earnings for the quarter ending Sept. 30, after the closing bell on Nov. 4.

Price Action:

• GE Aerospace shares fell 1.6% to settle at $171.78 on Thursday.
• Stryker shares dipped 2% to close at $356.28 on Thursday.
• Lantheus shares gained 0.4% to settle at $109.84 during the session.
• Essential Utilities fell 0.4% to settle at $38.60 on Thursday.
• Cava shares fell 0.2% to close at $133.56.

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