Jim Cramer Is Avoiding This Entire Group Of Stocks: 'They Break Your Heart Too Many Times'

Author: Lisa Levin | August 10, 2022 08:14am

On CNBC’s "Mad Money Lightning Round," Jim Cramer said JPMorgan Chase & Co is starting to move higher.

Cramer said 23andMe Holding Co (NASDAQ:ME) has "no mojo. That’s a technical term for 'not going anywhere.'"

The "Mad Money" host recommends buying Tellurian Inc (NYSE:TELL).

Cramer said he is not recommending any Chinese stocks, when asked about Alibaba Group Holding Ltd (NYSE:BABA). "They break your heart too many times."

When asked about Dropbox Inc (NASDAQ:DBX), Cramer said, "Nothing ever happens to the stock, and I think that that’s because nothing’s going to happen to the stock." He added, "I’m going to have to say, pass."

Also Read: Elon Musk Sheds Tesla Shares Valued At $6.8B — In First Such Sale Since April

Cramer said EOG Resources Inc (NYSE:EOG) is "one of the best oil companies in the world."

When asked about Companhia Siderurgica Nacional SA (NYSE:SID), he said, "People don’t want to own steel companies at this point in the cycle, and if they do, they’re going to buy Nucor (NYSE:NUE)."

Photo: Courtesy of Scott Beale on Flickr

Posted In: BABA DBX EOG ME NUE SID TELL