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Benzinga
Benzinga
Business
Craig Jones

Why Cramer Likes Ferguson And Stanley Black & Decker

On CNBC’s "Mad Money Lightning Round," Jim Cramer said ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) is a "momentum-driven stock" whose momentum he believes has peaked.

When asked about Yandex N.V. (NASDAQ:YNDX), Cramer said, "That’s not really trading. It’s kind of like, halted. Like, really halted. It’s a Russian stock."

The "Mad Money" host said he likes Ferguson plc (NYSE:FERG). "It’s real, they make things, they sell them, they give you money back. It’s good," he added.

When asked about Ionis Pharmaceuticals, Inc. (NASDAQ:IONS), Cramer said if you want to own mRNA, go with Moderna, Inc. (NASDAQ:MRNA).

Cramer said although JetBlue Airways Corporation (NASDAQ:JBLU) does not make money, but the travel business is great. "I’m going to say it’s okay,” he commented.

When asked about Peabody Energy Corporation (NYSE:BTU), Cramer said he can’t recommend coal as he knows that it’s going away.

Cramer said Stanley Black & Decker, Inc. (NYSE:SWK) is cheap and good, and recommended buying the stock right here.

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