Jim Cramer Isn't Going With This Tech Company: 'It's Complicated. I'm A Nvidia Guy'
On CNBC’s "Mad Money Lightning Round," Jim Cramer recommended buying Uber Technologies, Inc. (NYSE:UBER). "I think Uber is really well run," he noted.
Uber recently entered into a new nationwide partnership with The Vitamin Shoppe, bringing the New Jersey-based health and wellness retailer’s selection to the Uber Eats app.
When asked about Citigroup Inc. (NYSE:C), he said, "I feel better about Citi than I have in a long time, but that doesn’t mean I’m not in favor of Wells Fargo (NYSE:WFC)."
Illumina (NASDAQ:ILMN) is "no good," Cramer said, “You want Danaher (NYSE:DHR), same business, better company."
Cramer likes Amazon.com, Inc. (NASDAQ:AMZN), too.
Academy Sports and Outdoors, Inc. (NASDAQ:ASO) is just "not compelling to me," Cramer said.
The "Mad Money" host said he is ok with ResMed Inc. (NYSE:RMD). "I think the stock’s been knocked down because of the GLP-1s, and they’ve got very good management," he added.
Cramer said he is ok with Brookfield Corporation (NYSE:BN).
Super Micro Computer, Inc. (NASDAQ:SMCI) is "complicated because you know I am an Nvidia (NASDAQ:NVDA) guy, hold it, don’t trade it. I am not going to go with SMCI because that’s the not as good Nvidia," Cramer said.
Cramer said "no" to BlackBerry Limited (NYSE:BB).
Price Action:
- Amazon shares gained 2.8% to settle at $185.07 on Friday.
- Illumina shares rose 1.4% to close at $127.75 during Friday’s session.
- Shares of Uber gained 3% to close at $77.16 on Friday.
- Academy Sports and Outdoors shares gained 1.1% to settle at $63.45.
- Brookfield shares gained 0.6% to settle at $40.32 during Friday’s session.
- Citigroup shares gained 1.1% to close at $61.60.
- ResMed shares gained 2% to settle at $188.76 on Friday.
- Super Micro Computer shares fell 1% to close at $948.02 during Friday’s session.
- BlackBerry shares fell 2.1% to settle at $2.82.
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