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Friday, March 1, 2024

Cramer’s lightning round: ConEd is ‘down too much’

  • It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

Consolidated Edison: "It's down too much. I've been thinking about the same thing. I think rates have backed up enough, and it's not bad to do a little ConEd buying. Just so you know, I do prefer American Electric Power, but I think you've got a good one."

WiMi Hologram Cloud: "We're going to take a hard pass on WiMi Hologram."

GreenPower Motor Company: "It's a good spec. It's up a lot, but it doesn't have that earnings growth that you really, really want to have, so I'm going to say it's just OK."

Ehang: "You are out on a wing without a prayer there, my friend. I'm going to say take some money off the table."

Forum Merger III Corp: "We're going to find out more about them before we offer a judgment."

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