Jim Cramer Says 'Hats Off To Jamie Dimon': Why He's Bullish On JPMorgan

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he still likes JPMorgan Chase & Co. JPM here, adding that "it’s valued very low given the fact that it is a colossus. That was an amazing quarter, hats off to Jamie Dimon and company."

When asked about RadNet, Inc. RDNT, he said, "We opined positively about RadNet before, diagnostic company, and I think it’s too expensive versus GE HealthCare Technologies Inc. GEHC, which we own for the trust."

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The "Mad Money" host said the reason why he is not recommending Apollo Global Management, Inc. APO, even though it’s been a good stock, is "I don’t know where the hell it makes the money, I don’t know what it owns. I can’t opine to you something that I don’t know myself."

When asked about Uranium Energy Corp. UEC, he said, "I believe that as much as you tell a positive story about nuclear power, it is still not coming back the way you like. I actually prefer natural gas to nuclear power, Coterra Energy Inc. CTRA…I like that business."

Price Action: Shares of Apollo Global rose 0.8% to close at $80.94, while Uranium Energy rose 1.6% to $3.17 on Monday. RadNet shares 4.2% to settle at $32.51, while JPMorgan added 2.4% to $153.38 during the Monday’s session.

Now Read This: Fear & Greed Index Remains In 'Extreme Greed' Zone After Dow Gains For Sixth Consecutive Session

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