Jim Cramer: Buy This Financial Stock, 'It's Up Substantially From Where It Was In The Spring'

Author: Lisa Levin | November 28, 2023 10:00am

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he remains a buyer of SoFi Technologies, Inc. (NASDAQ:SOFI).

"Remember, this stock is up substantially from where it was in the spring. I think Noto’s doing a great job," he added.

"I think down here, it’s ok," Cramer said about Generac Holdings Inc. (NYSE:GNRC). "Interest costs have gone down, so I think Generac could have another ten, 15 points to run." He recommended holding onto it.

Cramer said Barrick Gold Corporation (NYSE:GOLD) goes up… "Can’t expect to make too much money on insurance, but I still think you will," he added.

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The "Mad Money" host said Golden Ocean Group Limited (NASDAQ:GOGL) is the "best of a lot that I candidly do not like." He added, "Those companies have historically gone boom, bust...It just had boom. I fear bust."

Cramer said Guardant Health, Inc. (NASDAQ:GH) does gene sequencing, and he prefers Danaher Corporation (NYSE:DHR) over Guardant Health.

Price Action: Shares of Danaher fell 0.6% to close at $220.00, while Guardant Health rose 0.9% to $24.40 on Monday. Golden Ocean Group fell 1.4% to $9.01, while Generac fell 0.1% to $112.73 during Monday’s session. SoFi gained 2.5% to $7.03, while Barrick Gold shares rose 2.1% to settle at $16.57 on Monday.
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Posted In: DHR GH GNRC GOGL GOLD SOFI