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Cramer’s lighting round: Energy Transfer is a very good stock

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.

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Nvidia Corp: “Nvidia is a terrific company but it sells at a very high price-to-earnings multiple. … We have pulled back a little bit [for the Charitable Trust].”

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Blackstone Minerals Ltd: “I do not know Blackstone Minerals. I am going to have to do some more work on that situation.”

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EVgo Inc: “Our biggest fear is, again, losing money, and it does not fit our criteria anymore for what we’re recommending.”

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Energy Transfer LP: “ET is actually a very good stock. … Times change and it’s become a better, better stock.”

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Medical Properties Trust Inc: “This one, I don’t like that particular part of the real estate investment trusts. I think that they are too high-yielding, which therefore causes me to be concerned that they will not be able to make the distribution.”

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Axcelis Technologies Inc: “Some of these companies in this business are doing amazingly well. And you’ve got to hand it to them.”

Disclaimer: Cramer’s Charitable Trust owns shares of Nvidia.

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Source: Business - cnbc.com

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