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- “Mad Money” host Jim Cramer rings the lightning round bell on American private equity giant Blackstone, Chinese EV maker Nio and U.S. electric vehicle charging company EVgo.
Blackstone: “We know Blackstone’s had a giant run. You can actually say it’s been 100 points of recommending the stock. They’re a very good company that I think can go even higher still.”
Nio: “We don’t need Nio. We’ve got Tesla. We’ve got Rivian. We’ve got Fisker. And we’ve got Lucid. You name your poison. We don’t need to go overseas [to China].”
EVgo: “This is a tough one. And I’ll tell you why it’s a tough one. All these stocks have just had a major run up, just a huge run up. And when we’ve gotten involved in these after the runs, it has always crushed us. I don’t think this time will be any different.”
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Source: Business - cnbc.com
