In another edition of CNBC’s Lightning Round, Mad Money host Jim Cramer answered viewers’ stock questions and delivered quick takes on several names. His clearest bullish call was on Sphere Entertainment.
Cramer said Sphere Entertainment is a buy, offering an emphatic endorsement and describing the company as “amazing.”
He took a sharply negative stance on Honeywell Aerospace. Cramer said he could not recommend owning the stock, arguing that earlier assurances from the company’s CEO that business was going well did not match what actually happened. As a result, he said he had nothing good to say about Honeywell Aerospace.
On AppLovin, Cramer said larger players have moved into that market, which he sees as the reason for the stock’s decline. His advice was to sell half the position now and sell the remaining half on a bounce.
For Cameco, the Mad Money host kept a positive but long-term view. He said the company is the real deal because he expects broader acceptance of nuclear power, but added that meaningful growth in the industry is still a three- to five-year story.
His assessment of QXO was negative, though he singled out the role of businessman Brad Jacobs. In Cramer’s words, the stock feels wrong, but he also said he would not want to bet against Brad Jacobs.
On Aflac, Cramer said the stock is not expensive and does not offer exceptional growth, but in his view it also does not carry that much downside risk at current levels.
