On CNBC’s “Mad Money Lightning Round,” Jim Cramer said Grab Holdings Limited (NASDAQ:GRAB) is losing too much money. “We’re going to take a hard pass on Grab,” he added.
When asked about BILL Holdings, Inc. (NYSE:BILL), he said, “I think the service is overpriced versus what you can get from others. And I just think that therefore it’s not one that I would want to recommend.”
Cramer said people just consider Academy Sports and Outdoors, Inc. (NASDAQ:ASO) as a gun stock. “I mean, no matter what they do. But I’m going to agree with you that the stock is just too low. I can’t recommend selling a stock at six times earnings,” he added.
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“I want to see the quarter, because as I said, it is a wait and see situation,” Cramer said when asked about Ford Motor Company (NYSE:F).
Intel Corporation (NASDAQ:INTL) is doing “incredibly well, so I’m not going to tell you to sell that one,” Cramer said.
When asked about Ready Capital Corporation (NYSE:RC), he said, “I can’t tell what’s really in it, so I am therefore going to say I cannot recommend the stock.”
Price Action: Shares of Ready Capital fell 1.1% to close at $9.96, while Intel fell 2.5% to $43.64 on Tuesday. Ford fell 1.5% to $10.19, while Academy Sports and Outdoors rose 0.04% to $48.19 during Tuesday’s session. BILL Holdings declined 2.7% to $62.85, while Grab Holdings shares fell 3.1% to settle at $3.13 on Tuesday.
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