Cramer Calls Carl Icahn's IEP 'Too Dangerous For Me,' Says He Wants 'To See More Information'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Luminar Technologies, Inc. LAZR is "very risky" and not making any money. He added that the stock is "too dangerous for me."

Cramer said he doesn’t like Icahn Enterprises L.P. IEP as the stock is "too dangerous for me."

"I want to see more information," he added.

Don’t forget to check out our premarket coverage here

When asked about Verizon Communications Inc. VZ, he said, "I think you can hold it, but I don’t like the fact that it yields seven. Strangely enough, I don’t like it because it means it’s maybe a questionable pay-out."

Price Action: Shares of Verizon fell 1.8% to close at $35.81, while Icahn gained 1.7% to $28.40 on Tuesday. Luminar Technologies shares fell 1% to settle at $6.80 on Tuesday.

Now Read This: Wall Street's Most Accurate Analysts Say Buy These 3 Consumer Stocks With Over 4% Dividend Yields

Photo: Shutterstock

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Long IdeasNewsPenny StocksMarketsMediaTrading 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!