Lightning Round: I'd like to be in Home Depot more than Fortune Brands, says Jim Cramer
Speakers
Jim Cramer
— Host, Mad Money
Summary
In this Mad Money Lightning Round, Jim Cramer fields caller questions on Teradyne, USA Rare Earth, Fifth Third Bancorp, SI-BONE, and Fortune Brands. He remains a buyer of Teradyne despite valuation concerns, avoids USA Rare Earth, likes Fifth Third's merger with Comerica, calls SI-BONE a great speculation but says he will research further, and prefers Home Depot over Fortune Brands as a housing play.
- Cramer remains a buyer of Teradyne but notes the stock has captured too much enthusiasm.
- Cramer rejects USA Rare Earth, saying it is losing too much money and its 'magical investing' year has ended.
- Cramer calls Fifth Third Bancorp a buy after its approved merger with Comerica, expecting discipline at Comerica.
- Cramer calls SI-BONE a great speculation and says he will research it further.
- Cramer prefers Home Depot over Fortune Brands because Fortune Brands remains a housing play, while Home Depot historically rises ahead of Fed cuts.
- The Lightning Round covered semiconductors, rare earths, regional banks, medical devices, and housing-related stocks.
Ideas
Teradyne great; Cramer remains buyer.
Teradyne is a really great company in automated test systems and robotics, and while the stock is capturing too much enthusiasm and may be tough to buy up here, Cramer would not step away and remains a buyer.
Cramer cannot bless money-losing USA Rare Earth.
USA Rare Earth is one of the 'year of magical investing' stocks, that year has ended, and it is losing too much money, so Cramer cannot bless it.
FITB is a buy after merger.
Fifth Third Bancorp's approved merger with Comerica is a good combination; Fifth Third will bring discipline to Comerica, and Cramer thinks FITB is a buy.
SIBN great speculation; Cramer investigating.
SI-BONE is a great, great speculation and terrific, and Cramer says he will research it further because he keeps hearing the company's name repeatedly.
Home Depot over Fortune Brands.
Fortune Brands remains a housing play no matter how good CEO Nick Fink is, so Cramer prefers to own Home Depot as the better housing play; Home Depot has historically risen ahead of Fed rate cuts, making it preferable to Fortune Brands.
Home Depot over Fortune Brands.
Fortune Brands remains a housing play no matter how good CEO Nick Fink is, so Cramer prefers to own Home Depot as the better housing play; Home Depot has historically risen ahead of Fed rate cuts, making it preferable to Fortune Brands.
