Jim Cramer: This Tech Stock Has 'Moved Too Much, Too High For Me'

Author: Lisa Levin | December 01, 2023 09:22am

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Q2 Holdings, Inc. (NASDAQ:QTWO) has "moved too much, too high for me."

Cramer said he still recommends Iron Mountain Incorporated (NYSE:IRM) even with a 4% yield.

When asked about CAVA Group, Inc. (NYSE:CAVA), he said, "I share with you the excitement for Cava. I think it’s a very good situation. I want to see what the sellers do to it."

Cramer said Uranium Energy Corp. (NYSE:UEC) is a "winner."

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The "Mad Money" host said American Airlines (NASDAQ:AAL) is "so low." "I do prefer Delta Air Lines, Inc. (NYSE:DAL),” he added.

Cramer said he is not a buyer of NIO Inc. (NYSE:NIO).

"Let’s hold off on that one," Cramer said about NextEra Energy Partners, LP (NYSE:NEP).

Price Action: Shares of NextEra Energy Partners gained 0.7% to close at $23.54, while NIO rose 1.3% to $7.27 on Thursday. Delta gained 0.8% to $36.93, while American Airlines rose 1.6% to $12.43 during Thursday’s session. UEC gained 5.7% to $6.52, while Cava shares rose 0.03% to settle at $34.01. Iron Mountain shares rose 1.4%, while Q2 fell 2.5% on Thursday.
Now Read This: EXCLUSIVE - Jim Cramer Recommended SVB Financial In February, An Example Of 'His Reverse Midas Touch'

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Posted In: AAL CAVA DAL IRM NEP NIO QTWO UEC