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Carmer Warns Investor To Avoid This Entire Industry: 'I Do Not Want You To Touch Any Of These Stocks'

Benzinga Real-time News ·  Sep 28, 2022 08:02

On CNBC's "Mad Money Lightning Round," Jim Cramer recommended selling Everbridge Inc (NASDAQ:EVBG) as it does not make money.

When asked about Costamare Inc (NASDAQ:CMRE), Cramer said, "I do not want you to touch any of these stocks."

The "Mad Money" host said he prefers DraftKings (NASDAQ:DKNG) over Penn Entertainment Inc (NASDAQ:PENN).

Cramer said Harmonic Inc (NASDAQ:HLIT) is selling "way too high on a price-to-earnings multiple for me to recommend when there's so many cheaper stocks out there."

Tellurian Inc (NASDAQ:TELL) remains a very good spec at $2, Cramer said.

Also Read: Is iPhone Demand Really Slowing Down? Apple Analyst Says This Data Point Proves Otherwise

Cramer said ZIM Integrated Shipping Services Ltd (NYSE:ZIM) is "probably not even done going down." He added, "I think the shipping business is a terrible business."

When asked about Cloudflare Inc (NYSE:NET), Cramer said, "It is okay to buy. I know that's a tough call, but I do believe it."

Cramer said he doesn't like Monolithic Power Systems Inc (NASDAQ:MPWR).

Ginkgo Bioworks Holdings Inc (NYSE:DNA) is an "interesting spec," he said.

Photo: Courtesy of Scott Beale on flickr

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