On CNBC's "Mad Money Lightning Round," Jim Cramer said FTAI Aviation Ltd. (NASDAQ:FTAI) is "too high" for him and prefers to be in RTX Corporation (NYSE:RTX).
RTX, last week, said Raytheon has secured a three-year, two-phase contract from DARPA to develop foundational ultra-wide bandgap semiconductors.
AST SpaceMobile, Inc. (NASDAQ:ASTS) is "just too hot," Cramer said.
On Oct. 2, AST SpaceMobile announced completion of redemption of public warrants.
The "Mad Money" host recommended buying Shopify Inc. (NYSE:SHOP), adding that it is at a great level to buy.
On Oct. 1, Barclays analyst Trevor Young maintained Shopify with an Equal-Weight rating and raised the price target from $65 to $70.
Cramer said no to First Watch Restaurant Group, Inc. (NASDAQ:FWRG).
On Oct. 4, Guggenheim analyst Gregory Francfort maintained First Watch Restaurant with a Buy and lowered the price target from $24 to $20.
FIGS, Inc. (NYSE:FIGS) is "not expensive and a very good spec," Cramer said.
On Aug. 8, FIGS posted better-than-expected earnings for its second quarter.
Price Action:
- FTAI Aviation shares gained 5% to settle at $140.15 on Friday.
- AST SpaceMobile shares gained 12.5% to close at $26.11 during the session.
- Shopify shares gained 5.5% to close at $82.43 during Friday's session.
- Figs shares gained 3.6% to close at $46.70 on Friday.
- First Watch Restaurant Group shares gained 0.8% to settle at $14.51 on Friday.
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