This Stock Is 'Way Too Expensive,' Cramer Says: 'I'm Sorry, I Can't Endorse It'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Rada Electronic Industries Ltd (NASDAQ:RADA) is "way too expensive." He added, "I’m sorry, I can’t endorse it."

When asked about Stem Inc (NYSE:STEM), Cramer said, "A company that does not make a lot of money with a high stock in an era when the Fed wants to crunch inflation is not a stock you can own."

The "Mad Money" host said he is not going to recommend Annaly Capital Management Inc (NYSE:NLY).

Cramer recommended selling Enovix Corp (NASDAQ:ENVX) as it "costs too much money."

He recommended not buying Wolfspeed Inc (NYSE:WOLF) as the stock doesn’t make money.