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Cramer's lightning round: Let the electric vehicle space cool off 'before we get hurt'

Monday – Friday, 6:00 – 7:00 PM ET
  • 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.

Service Corporation International: “SCI is just a long-term unfortunate secular play. Don’t forget the Baby Boomers, so the answer is you need to hold onto it, and if it pulls back — it’s only at 14 times earnings — I’d buy some more.”

Digital World Acquisition Corp.: “Oh man. That’s a tough one to analyze. That’s kind of a short squeeze play. Too hard for me to figure out. I appreciate the kind words, but man, roll the dice. Let’s go to the casino.”

Gores Guggenheim: “They’re connected with Polestar. OK, here’s the problem: Rivian is coming public. This group has gotten a little too hot. Let’s let things cool off before we get hurt.”

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Source: Business - cnbc.com

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