In this news article, “Mad Money” host Jim Cramer provides rapid-fire answers to callers’ stock questions during his lightning round segment. He expresses his frustration with the significant decline in Salesforce’s stock, stating that he believes the company will have a successful year in 2024. Cramer also discusses his concerns about Portillo’s stock, particularly regarding the insider selling by private equity firms. He advises investors to wait for the stock to stabilize.
Moving on, Cramer explains that he is no longer interested in companies like 3M that resemble law firms, indicating his disinterest in being involved with such organizations. He expresses disappointment with AbbVie, noting that he had anticipated more progress with their new products. Additionally, Cramer praises Iron Mountain for its consistent performance and steady growth, stating that he really likes the company.
When discussing Empire State Realty Trust, Cramer suggests selling the stock after enjoying a nice gain, implying that there are better investment options available. Finally, he recommends buying Oracle stock, expressing confidence in the company’s potential. Overall, Cramer offers his insights and opinions on various stocks, providing guidance for investors.
