Jim Cramer Says 'Entertainment Stocks Are So Hated': Here's One That's 'Not Expensive Anymore'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Devon Energy Corporation’s DVN stock is "low enough, it had a bad quarter, it’s being punished endlessly, that’s wrong."

When asked about TransMedics Group, Inc. TMDX, he said, "It’s a market that says, if the company is losing money, unless it gets a bid in the biotech business, we’re going to send it lower for now."

Cramer said Fiverr International Ltd. FVRR is a nice online marketplace, but it’s not making money. "This market will not buy or take any company that’s not making money," he added.

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When asked about Uranium Energy Corp. UEC, he said, "You’ve got a very good spec in UEC."

The "Mad Money" host said Boston Scientific Corporation BSX is the "best in show."

When asked about Paramount Global PARA, he said, "The entertainment stocks are so hated. I think you might be able to get this thing two points, three points lower, but it’s not expensive anymore."

Price Action: Shares of Paramount Global fell 1.6% to close at $12.46, while Boston Scientific lost 1.8% to $52.83 on Tuesday. Uranium Energy shares fell 4.3% to settle at $5.17, while Fiverr International fell 0.8% to close at $23.85 on Tuesday. TransMedics shares gained 2.6% to settle at $54.87, while Devon Energy fell 1.2% to $46.95 on Tuesday.

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