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Rashtra News > Latest News > Business > Business News: Cramer’s lightning round: I prefer Rio Tinto over Vale
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Business News: Cramer’s lightning round: I prefer Rio Tinto over Vale

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Last updated: January 13, 2022 12:00 am
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Business News: Cramer’s lightning round: I prefer Rio Tinto over Vale
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Cramer’s lightning round: I prefer Rio Tinto over Vale : Rashtra News

#Cramers #lightning #prefer #Rio #Tinto #Vale

ChargePoint: “ChargePoint is part of a very challenged group. I’ve done a lot of soul searching and, of course, a lot of research on this group. There are too many players, and there has not been enough consolidation, so I’m going to say avoid it.”

Prothena: “I like it. I mean, I think they have a very positive Alzheimer’s formulation and they have other things. I do believe — just so we’re really clear about it and told people — that [Eli Lilly] is the winner because Lilly does not have the bad work that Biogen has, wasn’t looking for big money and has more prestige within the brain community.”

Squarespace: “Design your own website, I don’t know. Wix, Adobe, no. I’m not in this. Direct listing. No support on Wall Street. I say no.”

Vale: “Yes, you should be wary [of the stock’s roughly 17% dividend yield]. Brazilian company, a lot of … environmental problems. I don’t trust it. Someone asked about [Rio Tinto] the other day. I think Rio is a better company.”

Alibaba: “Long term, I want you to go. Short term, it’s obviously bouncing. Everybody can see it. President Xi is doing the smart thing; he’s walked away, letting all these stocks go up. He will hammer you again when they move up, so scale out. That’s what I recommend.”

QuantumScape: “This has detractors. This has big detractors, and I’ve got to tell you, it makes me very worried because I want to see Volkswagen take a bigger stake in them and they haven’t done it. If they did that, then I think it would really get things rolling.”

Sign up now for the CNBC Investing Club to follow Jim Cramer’s every move in the market.

Disclosure: Cramer’s charitable trust owns shares of Eli Lilly.

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( News Source :Except for the headline, this story has not been edited by Rashtra News staff and is published from a www.cnbc.com feed.)

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TAGGED: Adobe Inc., Alibaba Group Holding Ltd, business, business news, ChargePoint Holdings Inc, Cramers, Eli Lilly and Co, Investment strategy, Jim Cramer, lightning, Markets, News, prefer, Prothena Corporation PLC, Quantumscape Corp, Rio, Rio Tinto PLC, Squarespace Inc, Stock markets, Tinto, Vale, Vale SA, Volkswagen AG, Wix.Com Ltd
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