Jim Cramer Calls Major Automaker Stock A 'Wait And See Situation'
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Grab Holdings Limited $Grab Holdings(GRAB.US$ is losing too much money. "We’re going to take a hard pass on Grab," he added.
When asked about BILL Holdings, Inc. $BILL Holdings(BILL.US$ , he said, "I think the service is overpriced versus what you can get from others. And I just think that therefore it’s not one that I would want to recommend."
Cramer said people just consider Academy Sports and Outdoors, Inc. $Academy(ASO.US$ as a gun stock. "I mean, no matter what they do. But I’m going to agree with you that the stock is just too low. I can’t recommend selling a stock at six times earnings," he added.
"I want to see the quarter, because as I said, it is a wait and see situation," Cramer said when asked about Ford Motor Company $Ford Motor(F.US$ .
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Mr Careful : Jim's advice is for the lower level investors. Smart investors don't care much of his advice
Cramer ETFOP Mr Careful: Smart investors might consider the reverse advice.