- It’s that time again! “Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
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Crispr Therapeutics: “They’re estimated to lose a lot of money. But more importantly, this is the kind of company right now that is so out of favor that, unless you are willing to take a beating, which I do not encourage, I think you have to take a pass on it.”
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American Airlines: “It’s losing a lot of money. We’re not recommending stocks that are losing a lot of money unless they can come to profitability … within the next year, at least.”
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Uber Technologies: “I need straight out earnings to recommend a stock on this show, because my job is to preserve wealth during a period of tremendous turbulence and then to make wealth when we have the opportunity.”
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AbbVie: “Still cheap, still got a good dividend. Large, large position for the Investing Club, and I say stay long.”
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Sirius XM: “I think it’s inexpensive. I think the problem is that used car [prices] …. have gone up so high that people aren’t buying enough cars. But it will happen. At $6 [per share], I like it.”
Disclosure: Cramer’s Charitable Trust owns shares of AbbVie.
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Source: Business - cnbc.com
