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'I'm Not Going There,' Cramer Says About This Energy Stock

Benzinga Real-time News ·  Oct 3, 2022 08:22

On CNBC's "Mad Money Lightning Round," Jim Cramer said UiPath Inc (NASDAQ:PATH) is losing money, and he is not recommending companies that are losing money.

When asked about Equinor ASA (NYSE:EQNR), Cramer said Enbridge (NYSE:ENB) gives a "much better yield."

The "Mad Money" host said MP Materials Corp (NYSE:MP) does "make money, and it is very well-run."

nLight Inc (NASDAQ:LASR) is losing money, Cramer said.

When asked about Petroleo Brasileiro SA Petrobras (NYSE:PBR), he said, "I'm not going there."

Cramer recommended buying Amerisourcebergen Corp (NYSE:ABC).

When asked about New Mountain Finance Corp (NASDAQ:NMFC), he said, "We don't know what they're invested in, and as far as I'm concerned, therefore it's too dangerous."

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The "Mad Money" host said he likes BJ's Wholesale Club Holdings (NYSE:BJ) very much. However, Cramer said his Charitable Trust owns Costco (NASDAQ:COST) and "I do prefer them."

Photo: Courtesy of Scott Beale on flickr

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