On CNBC’s “Mad Money Lightning Round,” Jim Cramer said Symbotic Inc (NASDAQ:SYM) is a “money-losing SPAC. We’re not recommending any money losers.”
“Everybody’s in this darn business,” Cramer said when asked about Penn Entertainment Inc (NASDAQ:PENN). “I do like Penn. They’re good guys, but I can’t recommend the stock right now.”
Don’t forget to check out our premarket coverage here
The “Mad Money” host said Digital World Acquisition Corp (NASDAQ:DWAC) is one of the SPACs that is not making money. “The SPACs that aren’t making money are stocks I don’t like,” he added. Former President Donald Trump’s Trump Media & Technology Group is in the process of a SPAC merger with Digital World.
When asked about Tilray Brands Inc (NASDAQ:TLRY), he recommended owning either one from Tilray and Canopy Growth Corporation (NASDAQ:CGC). “I’m not going to fight you on it,” he added.
Cramer said he will do some more research on Clearfield Inc (NASDAQ:CLFD).
“Winner, winner, chicken dinner,” Cramer said when asked about CME Group Inc (NASDAQ:CME). He said that the stock is “terrific.”
Although PagerDuty Inc (NYSE:PD) CEO Jennifer Tejada put up a great number, this segment is “so hated it just didn’t matter.”
Cramer said he is a “believer” in Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B).
When asked about ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), he said, “I’ve been against the shipping services since they first started ships. So, I’m not going to change my stripes now.”
Also Check Out: Microsoft, Motorola Solutions And These 3 Other Stocks Insiders Are Selling
Photo: Courtesy of Scott Beale and Gage Skidmore on flickr
