In CNBC’s Mad Money Lightning Round, Jim Cramer offered rapid-fire views on several stocks and reserved his strongest endorsement for Texas Pacific Land Corporation. He said the stock is a buy, arguing that it is headed higher, operates in the right industry and remains very inexpensive.
Cramer was more cautious on Procter & Gamble. He described it as a tough stock because the company does not have the growth he wants to see. While Procter & Gamble offers a 3% yield, he said that is not enough.
On Kailera Therapeutics, Cramer stressed the stock’s highly speculative nature, calling it “the most speculative stock on earth.” At the same time, he suggested that if an investor has already chosen that speculative position, they should avoid adding another similar bet.
Discussing Tractor Supply Company, Cramer said the stock has been unable to gain lift. In his view, it is a good company, but in the current industry environment that alone is not enough, and that is weighing on the shares.
His verdict on Ondas was blunt: Cramer called it a meme stock.
The Lightning Round is a segment of Mad Money in which Jim Cramer answers viewer questions on individual stocks at a rapid pace.
