Sep 6, 2024, 12:00 AM
Sep 6, 2024, 12:00 AM

Cramer's Lightning Round: 'I like' GE Vernova

Highlights
  • Jim Cramer hosted the lightning round segment of "Mad Money" on September 6, 2024, where he answered stock questions from callers.
  • He expressed a positive view on GE Vernova for its environmental focus and discussed other stocks like Veralto, Lam Research, and Eastman Chemical.
  • Cramer's insights highlight the importance of strategic stock selection and the potential for growth in environmentally conscious companies.
Story

On September 6, 2024, Jim Cramer hosted the lightning round segment of his show, "Mad Money," where he rapidly answered stock-related questions from callers. During this segment, he expressed a favorable opinion on GE Vernova, highlighting its potential in the environmental sector and its appeal to investors looking to engage with corporations focused on sustainability. Cramer also discussed Veralto, noting its strong management but expressing skepticism about its growth potential without significant acquisitions or accelerated earnings. Additionally, he addressed Lam Research, suggesting that the stock had declined too much and recommended a cautious approach to buying, advising investors to purchase shares gradually to avoid potential losses. Cramer also commented on Eastman Chemical, praising its 3% yield and categorizing it as one of the better options among plastic stocks in the market. The lightning round format allows Cramer to provide quick insights into various stocks, reflecting his expertise and market knowledge. His recommendations are aimed at helping investors make informed decisions based on current market conditions and company performance. Overall, Cramer's insights during this segment emphasize the importance of careful stock selection and the need for investors to consider both the environmental impact and financial performance of companies in their portfolios.

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