Friday, March 31, 2023
Homemad moneyCramer's charitable trust just hit the jackpot on this stock

Cramer’s charitable trust just hit the jackpot on this stock

It's that time again! Jim Cramer rang the lightning round bell, which means he gave his take on caller favorite stocks at rapid speed:

FireEye: "I can't recommend a stock on a takeover basis when the fundamentals aren't that good. The one that I have been liking is Proofpoint, because that does the email blockage which is really what you have to worry about now."

Shopify: "It's up too much. It's up too much. It's up 60 percent, that makes me nervous. I know it's doing well, but it is up too much and I want to be a little cautious here."

Impinj: "We like the authentication … we did a piece on it and said if it pulled back we would be a buyer. And it has pulled back. It's getting kind of interesting."

Cynosure: "The laser applications. No, our charitable trust owns Allergan if you're going to be in that. But Allergan is still going to come down a few more points as we get into the election."

Zoe's Kitchen: "Zoe's Kitchen did not do what I wanted, which is to say, not as bad as I thought. Zoe's was overvalued going into the quarter. I like the long-term thesis, though. If you have the patience for a year, I think that Zoe's is going to make you money because it's fresh food and it's got a great concept. But it might take a year to recover because when these restaurant stocks go down, they stay down."

ON Semiconductor: "No, we just hit the jackpot with NXPI in my charitable trust. Now I'm looking at NVIDIA. If that one pulls in it's a better one."

Verifone Systems: "I pulled it when it turned out that they couldn't make any money. In the $20s I said that this one was a bad one, and it remains a bad one. They just weren't allowed to make any money in this darned thing. What can I say?"

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