On CNBC's “Mad Money Lightning Round,” Jim Cramer said Vertiv Holdings Co (NYSE:VRT) is “very good,” however: “I do prefer, because it was down today, that you buy the stock of Dover (NYSE:DOV).”
When asked about Serve Robotics Inc. (NASDAQ:SERV), he said, “There's a gigantic secondary coming on, a lot of insider stock going, and I don't like that. I don't like to see that, because the company's losing a lot of money. So, I don't want to be there.”
The “Mad Money” host recommended buying Bank of Montreal (NYSE:BMO) right here.
“I got to get to the bottom of Celsius (NASDAQ:CELH). I mean, this thing has fallen — it looks like a two-for-one split,” he said.
Celsius will release its second quarter financial results before the opening bell on Tuesday, Aug. 6.
Advanced Micro Devices, Inc. (NASDAQ:AMD) is a buy, he said.
When asked about Carnival (NYSE:CCL), Cramer said he likes Royal Caribbean (NYSE:RCL) and Viking Holdings Ltd (NYSE:VIK) more.
“I think Hanneke's [CEO of Logitech] doing a really job,” Cramer said when asked about Logitech International S.A. (NASDAQ:LOGI). “It could be a Christmas play, not so much now.”
Vistra Corp. (NYSE:VST) is “one of the winners of the year. I think it's going to continue to win,” Cramer said.
Price Action:
- Vertiv shares gained 7.8% to settle at $78.70 on Wednesday.
- Serve Robotics shares gained 16.8% to close at $17.52.
- Vistra shares jumped 14.8% to close at $79.22.
- Bank of Montreal shares gained 2.2% to settle at $84.33.
- Celsius shares rose 1.1% to close at $46.83 on Wednesday.
- AMD shares gained 4.4% to settle at $144.48 on Wednesday.
- Carnival shares rose 0.5% to settle at $35.70 during Wednesday's session.
- Logitech shares gained 1.9% to close at $90.57.
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