Cramer's lightning round: 'I love Lear and I love Magna'

  • 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.

Maxar Technologies: "You're in the right one … It's the right place to be. I like that stock."

XL Fleet: "XL Fleet came on and then lots of negative stuff came out about them. Now it's so low that I think it's a decent spec."

On Semiconductor: "The semiconductor shortage is on companies like that one. … You've just got to be patient with On."

Lucid Group: "Lucid is so tough right now because, on the one hand, the car is about to ship … on the other hand, the company is valued at almost $40 billion. That's an overvaluation with a terrific car. Well, that does sound a lot like Tesla … If you want to take a spec on Lucid, I'm not going to be against it, but understand the way to speculate on Tesla is to own Tesla."

Lear: "I love Lear and I love Magna. These are the companies you want to own right now. They're boring and they're good."

Applovin: "Morgan Stanley came out and just absolutely crushed the darned thing. I thought it was doing pretty well … Right now, the market hates specs, and when it comes to like them they're going to buy that one."

Disclaimer

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer's world? Hit him up!
Mad Money Twitter – Jim Cramer Twitter – Facebook – Instagram

Questions, comments, suggestions for the "Mad Money" website? [email protected]

Source: Read Full Article