Skip to main content

Market Overview

Jim Cramer Says 'There's Too Much Political Risk' For This Stock Is Up 106% In 2022

Share:
Jim Cramer Says 'There's Too Much Political Risk' For This Stock Is Up 106% In 2022

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Rocket Pharmaceuticals Inc (NASDAQ: RCKT) is a "very early stage company that has a lot in the pipe. I tend to like these companies."

Analysts agree, Bezinga's Analyst Ratings data shows a consensus Buy rating, with all 10 analysts bullish on RCKT.

When asked about Sociedad Quimica y Minera de Chile SA (NYSE: SQM), he said, "I think there’s too much political risk." Analysts, however, have a consensus Buy rating on SQM.

Plug Power Inc (NASDAQ: PLUG) is "losing a fortune," he said. "They must get expenses under control."

Cramer said Anavex Life Sciences Corp (NASDAQ: AVXL) is "another one that I kind of like, I’ve got to tell you." However, he added, "I do not like losses in tech, but in biotech I can accept the fact that they have a good pipeline."

Also Read: Tesla Could Drop To $150 Before Year-End — Analyst Smells 'Window Of Opportunity' For Investors

When asked about GoPro Inc (NASDAQ: GPRO), Cramer said, "I just don’t think that they’re doing well enough to recommend."

Cramer said Illinois Tool Works Inc (NYSE: ITW) is the "kind of stock that is doing incredibly well."

When asked about Ryan Specialty Holdings Inc (NYSE: RYAN), he said, "I’ve got to find out what the hell went wrong with that one last week. " He added, "It’s usually a very normal, kind of regular company, and it got slammed."

Cramer said Shockwave Medical Inc (NASDAQ: SWAV) is a "good company, very expensive stock, though."

Photo: Courtesy of Owen Byrne on flickr

 

Related Articles (AVXL + GPRO)

View Comments and Join the Discussion!

Posted-In: CNBC CramerLong Ideas News Small Cap Markets Media Trading Ideas Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com