Friday, March 29, 2024
Homemad moneyLightning Round: Tesla, Vale & more

Lightning Round: Tesla, Vale & more

Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

Tesla (TSLA): It's a cult stock, said Cramer. It's driven by emotion and right now emotion is riding high therefore I think it can go higher. However, I usually avoid cult stocks.

Chegg (CHGG): This stock has been a huge disappointment, said Cramer. If you're long I'd sell half.

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Hercules Offshore (HERO): I'm not a big fan, said Cramer. In the space I'd rather own Schlumberger but be careful. The whole space is getting hit.

Molycorp (MCP): I don't care for the balance sheet, said Cramer. I'd stay far away.

Ballard Power (BLDP): It's had a parabolic move, said Cramer. After that kind of move, at these levels, I can't bless the stock.

Zogenix (ZGNX): It's a spec play, said Cramer. As long as you understand that it's speculative, it's ok.

NXP Semiconductors (NXPI): I'd rather play the cellphone components theme with Skyworks, said Cramer.

Vale (VALE): It's been a terrible stock to own, said Cramer. I own it and I regret owning it.

Sysco (SYY): I'm bullish on the stock for its recent acquisition, said Cramer. I'm a buyer.

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the "Mad Money" website? madcap@cnbc.com

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