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Why Invest In A European Bank? Jim Cramer Says 'We've Got So Many Good Banks In Our Country'

Benzinga · 11/16/2022 08:26

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Amerco (NASDAQ:UHAL) is an "inexpensive stock. " He added, "I think it might be a good place to be. I’ll do more work on it."

When asked about BRC Inc (NYSE:BRCC), Cramer said he is not recommending companies that are losing money.

Analysts disagree with Cramer's take on BRC, Benzinga's analyst ratings data shows A CONSENSUS BUY RATING ON THE BRCC.

McKesson Corp (NYSE:MCK) is an "incredible long-term holding," he said.

Cramer said Quanta Services Inc (NYSE:PWR) is a "very, very good company. I think you could do a lot worse than that one."

When asked about B&G Foods Inc (NYSE:BGS), he said, "It’s not working, and I think you’ve got to roll away from it."

Also Read: Fed Officials Thought Americans Had Trillions In Excess Savings, New Data Shows They Were Wrong 

He said, "There are so many better oil companies," when asked about TotalEnergies SE (NYSE:TTE).

Responding to a question about Vail Resorts Inc (NYSE:MTN), Cramer said, "I think that is an interesting and absolutely excellent way to play the travel situation."

Cramer said Polestar Automotive Holding UK PLC (NASDAQ:PSNY) is an "interesting spec, but again, another one that’s losing money."

The "Mad Money" host said he prefers Nucor Corporation (NYSE:NUE) over Cleveland-Cliffs Inc (NYSE:CLF).
Carmer said Enovix Corp (NASDAQ:ENVX) is losing a lot of money.

When asked about Deutsche Bank AG (NYSE:DB), he said, "We’ve got so many good banks in our country."

Photo: Courtesy of Scott Beale on flickr