On CNBC’s “Mad Money Lightning Round,” Jim Cramer said Paycom Software, Inc. PAYC is “one of those fintech companies. The fintechs are going out of fashion.”
“I think there are a lot of people who like the dollar stores just did not deliver great numbers and are not offering great value,” Cramer said when asked about Dollar General Corporation DG. “Look, I’m not, never going to tell someone to sell a stock that’s down seven straight days, but I have to tell you, that is the negative thesis.”
Cramer said Iridium Communications Inc. IRDM is “doing quite well.”
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The “Mad Money” host said Tilray Brands, Inc. TLRY is “too dangerous.” It is a spec stock that is losing money, and Cramer said he doesn’t recommend stocks that are losing money.
Fastly, Inc. FSLY hasn’t “pivoted the profitability, and I’m not going to recommend a stock that hasn’t pivoted profitability that has a very high price to sales analysis, too high,” Cramer said.
“I can’t tell you to sell it here, I just can’t. It’s just a very good company,” Cramer said when asked about Pfizer Inc. PFE. “They have a lot of optionality, I’m not going to tell you to sell Pfizer, not down here.”
Price Action: Shares of Pfizer fell 1.3% to close at $33.64, while Fastly lost 2.9% to $19.94 on Monday. Tilray Brands shares fell 12.6% to settle at $2.56, while Iridium Communications gained 5.5% to close at $50.17 on Monday. Dollar General shares fell 1.8% to settle at $113.66, while Paycom Software fell 0.7% to close at $276.10 during Monday’s session.
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