Cramer Says Clorox Stock is a Good Buy
- Mad Money host Jim Cramer suggests Clorox is a good investment.
- Clorox, an American consumer products company, is endorsed as a buy in Cramer's Lightning Round.
- Investors may consider buying Clorox stock based on Cramer's recommendation.
In the latest episode of "Mad Money," host Jim Cramer engaged with viewers during his popular Lightning Round segment, providing rapid-fire stock recommendations and insights. The segment aired on Wednesday, August 14, 2024, and featured a variety of companies, reflecting Cramer's candid approach to market analysis. Cramer expressed a cautious stance on GlobalFoundries, indicating a preference for Taiwan Semiconductor as a more favorable option in the foundry business. He emphasized that while GlobalFoundries has potential, it does not match the performance and reliability of its Taiwanese counterpart. This highlights Cramer's focus on identifying the strongest players in specific sectors. Regarding SentinelOne, Cramer noted a positive shift in the company's business prospects, suggesting that it could be a viable option for short-term trading. His endorsement reflects a growing confidence in SentinelOne's ability to capture market opportunities, despite the inherent risks associated with trading in the tech sector. Lastly, Cramer shared his thoughts on Alphabet, labeling it as his least favorite among the "Magnificent Seven" tech stocks. He criticized the company's management, suggesting that operational inefficiencies could hinder its performance. Cramer's insights provide viewers with a nuanced understanding of the current stock landscape, encouraging them to consider both potential rewards and risks in their investment decisions.