On CNBC’s “Mad Money Lightning Round,” Jim Cramer said NIO Inc NIO seems “very dicey.”
Cramer said Dycom Industries, Inc. DY is “okay.”
“You need to see commodity inflation come back, ” Cramer said. Rio Tinto Group RIO is a “great hedge against long-term inflation.”
The “Mad Money” host said Enphase Energy ENPH is “doing so well, and every time it’s down $15, $20, I want to come on air and just say, you know what you’ve got to do?” He recommended buying the stock.
Analysts overwhelmingly agree, the stock has a consensus Buy rating according to Benzinga analyst ratings data.
Lucid Group Inc LCID is “too speculative.” Cramer said he is not recommending stocks that are losing money.
Photo: Courtesy of Scott Beale on flickr.
Image and article originally from www.benzinga.com. Read the original article here.