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robinmc wrote a post · Dec 21, 2022 15:39

Jim Cramer Cautions On This Stock Up 20% YTD Because That 'Might Be Too Much For The Year'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Applied Industrial Technologies, Inc. $Applied Industrial Technologies (AIT.US)$ , he said, "I feel safer in my DraftKings $DraftKings (DKNG.US)$ than I do in a crypto. That said, gambling, not yet, but that stock is very inexpensive."

When asked about Applied Materials Inc $Applied Materials (AMAT.US)$ , Cramer recommended waiting to see what Micron Technology, Inc. $Micron Technology (MU.US)$ says during its recent earnings report though, because they are the "big daddy when it comes to that kind of semi."

The "Mad Money" host said M&T Bank Corporation $M&T Bank (MTB.US)$ is "falling apart, and you know what, for no particular reason." It’s a "very, very well-run stock," he added.

"I have not been in favor of the carriers. I’m not going to change my mind," Cramer said, when asked about Star Bulk Carriers Corp. $Star Bulk Carriers (SBLK.US)$
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robinmc
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