Cramer Is 'Astonished' That Chewy Is 'Doing This Poorly — So Many Of Us Use It'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said yes to The St. Joe Company JOE. "I’ve liked St. Joe forever," he added.

When asked about Advance Auto Parts, Inc. AAP, he said, "I like to buy best of breed, the best of breed is AutoZone, Inc. AZO."

Cramer also said he is astonished that Chewy, Inc. CHWY is "doing this poorly, because so many of us use it."

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"There is now beginning to be a credibility gap between what the company said about the problems with the engines and what’s actually happening," Cramer said about RTX Corporation RTX. "No bottom yet, not yet, still sells at 15 times earnings, got to go lower."

The "Mad Money" host said he prefers Chipotle Mexican Grill, Inc. CMG over CAVA Group, Inc. CAVA.

When asked about Illumina, Inc. ILMN, he said, "I don’t think it’s a great company, I think it’s a very good technology business that is not a great company. Danaher Corporation DHR is the one to buy."

Price Action: Shares of Danaher gained 1.7% to close at $252.45, while Illumina gained 0.2% to $150.77 on Wednesday. CAVA shares fell 1% to settle at $35.64, while Chipotle closed at $1,933.04 on Wednesday. RTX shares settled at $75.56, while Chewy fell 1.8% to close at $21.51 on Wednesday. AutoZone shares gained 0.2% to $2,531.04, while Advance Auto Parts gained 0.8% to $57.93. St. Joe Company shares declined 2.9% to close at $57.60 on Wednesday.

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