In the Lightning Round segment of CNBC’s Mad Money, host Jim Cramer again fielded investors’ stock questions in rapid-fire fashion. One of his clearest positive calls was on BlackBerry.
Cramer said he likes BlackBerry “very much.” He noted that the company’s management had appeared on the show and said he thought they had a strong story to tell. In his view, investors should not abandon the stock.
On Nokia, Cramer said the company is doing AI fiber at the edge, which he described as a positive development. He also pointed to money coming from Nvidia and said he sees Nokia as a core component in data center growth.
For Applied Aerospace & Defense, he said he likes the stock and does not believe the recent decline is warranted. His advice was to stick with the shares.
Cramer was more cautious on Mondelez, saying he is not enthusiastic about food stocks. On Ameresco, he said many construction and engineering names had a strong run, then pulled back, and now appear oversold, though he does not know when they will turn.
On Ambarella, Cramer said that in a rising-rate environment he wants to see both solid fundamentals and strong stock performance, and he does not feel that way about the company at this point.
