Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Craig Jones

Cramer Gives His Opinion On ADT, Occidental Petroleum And More

On CNBC’s "Mad Money Lightning Round," Jim Cramer said EQRx, Inc. (NASDAQ:EQRX) needs to be bought. "It shouldn't be independent," he added.

When asked about Cue Health Inc. (NASDAQ:HLTH), Cramer said with too many tests, "even the best that have tests are crumbling here, so that one has to crumble right along with it."

The Mad Money host said DigitalOcean Holdings, Inc. (NYSE:DOCN) is selling at 190 times earnings. He is not recommending "anything that’s north of 50 times earnings."

Occidental Petroleum Corporation (NYSE:OXY) is the only oil stock that Cramer doesn’t like.

Cramer said there is nothing in ADT Inc. (NYSE:ADT) and it shouldn’t have come public.

"That was another one of those where they just got you," he commented.

Price Action: Shares of EQRx gained 4.1% to close at $4.61 on Monday, while Cue Health shares fell 3.1% to settle at $8.11. Shares of DigitalOcean and T-Mobile gained 5.9% and 0.8%, respectively. ADT shares settled at $7.30, up 1.7%.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.