Jim Cramer Recommends Buying 'Fabulous' BlackRock, Calls Coterra Energy The 'Cheapest' Natural Gas Company

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Zinger Key Points
  • "The long-term growth rate of this thing is fabulous, and I think it’s going to stay that way," Cramer on BlackRock.
  • Raymond James analyst John Freeman, on Jan. 23, maintained Coterra Energy with an Outperform rating and raised the price target to $41.
  • Get Wall Street's Hottest Chart Every Morning

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying BlackRock, Inc. BLK and added, “The long-term growth rate of this thing is fabulous, and I think it's going to stay that way.”

BlackRock, on Jan. 15, reported better-than-expected fourth-quarter financial results. Revenue grew 23% year over year to $5.68 billion, beating the consensus of $5.53 billion.

Parabolic Moves In These Stocks

“Just great science, but it is parabolic. It had a parabolic move, and those are going to be repealed,” Cramer said about GRAIL, Inc. GRAL. He recommended waiting until it gives back a lot of the gain that it just had.

The company's stock rose sharply in the recent period, jumping around 45% year-to-date.

The “Mad Money” host recommended waiting until Digital Realty Trust, Inc. DLR comes down. “We cannot get involved with a parabolic move of a stock that could go much lower.”

Supporting his view, Scotiabank analyst Maher Yaghi maintained Digital Realty Trust with a Sector Perform but raised the price target from $178 to $208.

Other Stocks In Focus

“I think that those guys are great,” Cramer said when asked about Danaher Corporation DHR. “I want them to show me that they understand that there's been some serious underperformance here.”

Meanwhile, Raymond James analyst Andrew Cooper, on Jan. 21, maintained Danaher with an Outperform rating and lowered the price target from $300 to $275.

Coterra Energy Inc. CTRA is the “cheapest” natural gas company, Cramer said.

Supporting his view, Raymond James analyst John Freeman, on Jan. 23, maintained Coterra Energy with an Outperform rating and raised the price target from $35 to $41.

Price Action:

  • Danaher shares gained 2% to settle at $250.59 on Monday.
  • Coterra shares fell 4.1% to close at $27.83 during the session.
  • Grail shares dipped 9.2% to settle at $25.99 on Monday.
  • BlackRock shares rose 0.9% to close at $1,029.94.
  • Digital Realty shares dipped 8.7% to settle at $164.74 on Monday.

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