Cramer Weighs In On Rocket Companies, Micron And More

Comments
Loading...

On CNBC's "Mad Money Lightning Round," Jim Cramer advised a viewer to be careful with Sorrento Therapeutics Inc SRNE. He has been concerned ever since the CFO left the company.

Cramer recommended Albertsons Companies Inc ACI as a buy, but so far he hasn't been right. He still thinks it's a buy and he's not willing to say he is wrong. He thinks he is just early.

Rocket Companies Inc RKT is a good company, said Cramer. He recommended it at $19 and the stock jumped to $29. He hasn't looked at it since then.

See Also: 2 Analyst Takes On The First Post-IPO Rocket Companies Earnings Report

Cramer has been a huge backer of Rob LoCascio, the CEO of LivePerson, Inc. LPSN.

Micron Technology, Inc. MU is the only semiconductor company that everybody hates, said Cramer. He would not sell it at its current price, but he likes NVIDIA Corporation NVDA, Advanced Micro Devices, Inc. AMD, Broadcom Inc AVGO and Marvell Technology Group Ltd. MRVL better.

Market News and Data brought to you by Benzinga APIs

Posted In:
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!