topstockalerts
Oct 16, 12:47 AM
Jim Cramer shared several stock recommendations during CNBC’s “Mad Money” Lightning Round, highlighting opportunities in social media, energy, aerospace and optical technology.
Cramer recommended buying Reddit, describing the stock as inexpensive despite its recent volatility. Shares closed at
$159.36, up 7.24% during Thursday’s regular session, before slipping to
$157.80 after hours, down 0.98%.
In energy, Cramer preferred Chevron over ExxonMobil, recommending that investors switch from Exxon to Chevron. He was also constructive on Enterprise Products Partners, arguing that its natural gas liquids business has different fundamentals from oil producers and that the stock’s sell-off could present a buying opportunity.
In optical technology, Cramer favored Corning over Coherent and Lumentum, calling Corning the best of the three companies.
$RDDT $CVX $COHR
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