In CNBC’s “Mad Money” lightning round, Jim Cramer gave rapid-fire answers to callers’ stock questions and singled out McKesson as one of his preferred names in the current market backdrop. He said the company is “a winner” and that its stock could move significantly higher.
Cramer took a negative view on X-Energy. He said the company is losing too much money and added that, since interest rates began rising, he does not recommend companies that are still unprofitable.
On Vishay Precision Group, the host said the valuation looks too high at the moment. He suggested waiting for the shares to pull back by around 10% before considering a purchase.
Cramer was more constructive on Medtronic, saying he would buy Medtronic rather than MiniMed. He noted that the stock trades at about 15 times earnings and said he sees the shares as attractive at current levels.
He also gave a negative assessment of Cipher Digital. According to Cramer, the company is losing a great deal of money, and the stock’s decline is justified by those financial results.
