Jul. 27 at 11:53 PM
Jim Cramer struck a cautious tone on most stocks during Monday’s Lightning Round but highlighted First Horizon as his top pick among the names discussed. The Mad Money host described the regional bank as a “terrific stock” that remains attractively valued, telling investors he believes it is a buy despite ongoing uncertainty in parts of the banking sector.
On Cerebras Systems, Cramer acknowledged that the AI-chip company’s shares have fallen sharply and that its valuation is no longer especially demanding. However, he said he is currently avoiding most technology stocks and prefers to remain selective. According to Cramer, Intel is the only technology name he is actively buying at the moment, reflecting his view that investors should be cautious after the sector’s strong run.
Discussing Nike, Cramer said the athletic apparel giant is merely “ok” as it works to revive growth and regain market share.
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