Friday, March 29, 2024
Homemad moneyLightning Round: This industry had a run—don't buy

Lightning Round: This industry had a run—don’t buy

It's that time again! The Lightning Round bell has rung, and Jim Cramer gives his take on a few favorite audience stocks:

Bristol Myers: "This company is fine. You need to take a long-term view on it. I've been recommending that stock since before they merged with Squibb."

Tal International Group: "Leasing fleets has had a very big run, and a lot of people know that this is a good business. I don't know if it can sustain that, given the way that the transports are going. I would be careful. I say don't buy."

Verisk Analytics Inc: "People feel that this data analytics business, weather it be from IBM or Tableau, is a good one. I think you can hold on to the stock, it's kind of interesting."

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Frontier Communications: "The stock has done well, and I think if it goes back to a 5 1/2 or 5 3/4 yield; you buy it."

United States Steel Corporation: "If I'm going to buy a steel company, I'm going to go to the one that we visited that I like so much. I'm going to go to Nucor."

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