Benzinga - by Lisa Levin, Benzinga Editor.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said he is "pulling the plug" on Plug Power Inc. (NASDAQ: PLUG) "No-go from me," he added.
The Latham, New York-based company keeps missing the quarters.
Cramer recommended buying Cleveland-Cliffs Inc. (NYSE: CLF). "It’s really well-run," he noted.
"I think you’re rolling the dice," Cramer said when asked about Marathon Digital Holdings, Inc. (NASDAQ: MARA), "You want to own Bitcoin, own Bitcoin."
Cramer said he likes Super Micro Computer, Inc. (NASDAQ: SMCI). "It’s a derivative of NVIDIA Corporation (NASDAQ: NVDA), frankly," he added.
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The "Mad Money" host said InterDigital, Inc. (NASDAQ: IDCC) is a premier digital wireless company, and is still inexpensive. "I can’t believe that it’s still at these low prices," he added.
When asked about MP Materials Corp. (NYSE: MP), he said, "It’s just not coming together fast enough."
Cramer said he would "wait for a pullback" in Ferroglobe PLC’s (NASDAQ: GSM) stock. The company’s stock has gained over 35% over the previous month.
Price Action:
- Shares of Ferroglobe closed at $6.12.
- MP Materials rose 0.1% to $16.92 on Monday.
- InterDigital gained 1.4% to $102.42.
- NVIDIA fell 2.7% to $455.10 during Monday’s session.
- Super Micro Computer fell 1.2% to $266.35.
- Marathon Digital shares jumped 8.5% to settle at $14.86.
- Cleveland-Cliffs shares rose 0.4%.
- Plug Power rose 5.7% on Monday.
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