Cramer’s lightning round includes a fintech ‘on the road to redemption’
PayPal (PYPL): “PayPal did very well today. It could go down $3. This is the kind of stock that is working right now in this environment.
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PayPal (PYPL): ” PayPal did very well today . They are already on the road to redemption.”
MicroVision (MVIS): “It’s a $3 stock . It’s a dice roll. It could go down $3. Stocks stop at zero. It is losing a lot of money. So therefore, it’s not my cup of tea.”Verizon (VZ): “Verizon’s got that big [annual dividend] yield. But it looks like AT&T has finally passed them. And I am concerned they [Verizon] are going to have to spend a lot more to get back in competition with AT&T. So right now, I cannot recommend the stock of Verizon.” Signature Bank (SBNY): “I think the stock is probably incorrectly valued. But it does not have a big [annual dividend] yield. Most of the bank stock s have a good yield and are levered to the yield curve [in the bond market], so to speak. … It’s not going to react as well as some of the traditional banks.”Cummins (CMI): “I think Cummins is a great company. This is the kind of stock that is working right now in this environment. It doesn’t really get hurt much by rates. … It’s got superior products [that] it’s selling all over the world. I like Cummins.” Sign up now for the CNBC Investing Club to follow Jim Cramer ‘s every move in the market. Want to take a deep dive into Cramer ‘s world? Hit him up!
