SPX3,825.33+39.95 1.06%
DIA310.85+3.03 0.98%
IXIC11,127.85+99.11 0.90%

Jim Cramer Says This Energy Stock Is Too Expensive

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he still likes NRG Energy, Inc. (NYSE: NRG) and recommended buying the stock.

Benzinga · 06/09/2022 08:41

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he still likes NRG Energy, Inc. (NYSE:NRG) and recommended buying the stock.

Enphase Energy Inc (NASDAQ:ENPH) is too expensive, he said: "We’ve got better stocks." 

Cramer said he doesn’t know about Sportradar Group AG (NASDAQ:SRAD).

The "Mad Money" host said Science Applications International Corporation (NYSE:SAIC) is an excellent consulting firm. However, he recommended waiting a little for the stock to go "down a little bit before I get involved."

Cramer said he is not recommending Annaly Capital Management, Inc. (NYSE:NLY).

Check out our premarket coverage here .