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Benzinga

Business

Priya Nigam

Why Jim Cramer Says Yes To This Oilfield Stock

Jim Cramer NOV NYSE CNBC

On CNBC’s "Mad Money Lightning Round," Jim Cramer said NOV Inc. (NYSE:NOV)’s CEO Clay Williams is fantastic. "I say yes to that,” he added.

When asked about Vale S.A. (NYSE:VALE), Cramer said it’s too late. "That was a good time at one time, but not now," he added.

When asked about Academy Sports and Outdoors, Inc. (NASDAQ:ASO), the "Mad Money" host said, "There are too many shorts in there, and they keep knocking the darn stock down. I can’t take it anymore."

Check out our premarket coverage here .

Price Action: Shares of Nov gained 0.1% to close at $18.53, while Vale gained 5.1% on Wednesday. Shares of Academy Sports and Outdoors slipped 1.7% to settle at $37.51 on Wednesday.

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