'I Think You've Got An Interesting Stock Here': Cramer On This Advertising Company

Author: Avi Kapoor | March 04, 2024 09:27am

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he can’t recommend Global Ship Lease, Inc. (NYSE:GSL) as "we don’t really know what they own."

Global Ship Lease is expected to report results for the fourth quarter and full year 2023 on March 4, 2024. Analysts expect the company to report quarterly earnings at $2.35 per share on revenue of $172.02 million.

Cramer said Magnite, Inc. (NASDAQ:MGNI) has caught his eye, too. "I think you’ve got an interesting stock here."

On Feb. 28, Magnite reported better-than-expected fourth-quarter financial results. Multiple analysts also raised their price targets on the stock following the report.

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When asked about Roku, Inc. (NASDAQ:ROKU), he said, "You are in the house of pain, and I’ve got to tell you, I don’t think the door is going to open and let you out soon."

On Feb. 15, Roku reported fourth-quarter revenue of $984.42 million, which was up 14% year-over-year. The revenue came in ahead of a Street consensus estimate of $966.3 million, according to data from Benzinga Pro.

The "Mad Money" host said Dream Finders Homes, Inc. (NYSE:DFH) is a "company that’s a home builder, frankly, and I prefer Toll Brothers (NYSE:TOL) and then Lennar (NYSE:LEN). But they’re all doing well."

On Feb. 29, Dream Finders Homes reported better-than-expected fourth-quarter earnings and sales results.

Price Action:

• Shares of Global Ship Lease gained 1.2% to close at $20.60 on Friday.
• Magnite shares gained 1.8% to close at $12.23 on Friday.
• Roku shares gained 0.3% to settle at $63.35.
• Dream Finders Homes shares fell 1.5% to settle at $38.54 on Friday.

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Posted In: DFH GSL LEN MGNI ROKU TOL