In the provided transcript, a series of callers engage in a discussion with Jim Cramer, a well-known financial commentator. The callers ask about various stocks and investment opportunities, and Cramer provides his insights.
One caller asks about a stock, ALB, which is an EV Lithium play. Cramer mentions that there's a lot of competition in the market and that the price is going up, so he can't recommend their model. He also mentions that the stock has a cost basis of 214 and is 13% down.
Another caller asks about when to buy Oneok, a company that offers a 6% yield. Cramer suggests that the company is well-managed and that he would recommend it to Brian in Pennsylvania.
A caller from Pennsylvania asks about Rivan, a company that has been using a lot of cash. Cramer advises against investing in the company.
A caller from Michigan asks about a stock with a future P/E of 11 or 12, still showing growth, and high single-digit revenues. Cramer advises caution, mentioning that the company is in the fintech industry and that he is not a fan of it.
A caller from Oregon asks about Clearfield, a commodity business part of a TELCO. Cramer advises against adding more to it.
The discussion concludes with the announcement of the next segment, "Cramer May Be Out West But We Focus."
1. The conversation starts with a "Lightning Round" and ends with the announcement that it's over.
2. The host, Jim, is ready to go to Jim in Texas.
3. A caller identifies themselves as a longtime "Mad Money" fan and investment club member.
4. The caller asks about a stock that's an EV Lithium play, ticker ALB, with a cost basis of 214 and it's 13% down.
5. Jim mentions that there's a lot of competition in that market.
6. The caller asks about the stock OneOK, and Jim suggests it's a good time to buy due to its 6% yield.
7. Jim also mentions the CEO of OneOK and their management team.
8. The caller asks about RIVIAN, and Jim mentions that it's using cash like you wouldn't believe.
9. Jim advises against investing in RIVIAN.
10. The caller asks about Train Technology, and Jim mentions that it's a timely buy.
11. Jim also mentions that the stocks have just been going at it and they've been giant winners.
12. The caller asks about a stock trading with a future P/E of 11 or 12, still growth, high single digits on revenue.
13. Jim mentions declining margins and advises against investing in fintech.
14. The caller asks about the first phase three trial for Cassava Sciences, which was confirmed by French researchers in Paris.
15. The caller mentions that Cassava Sciences has enough cash to complete the trials and no debt.
16. Jim advises against investing in Cassava Sciences due to its speculative nature.
17. The caller asks about Cleveland Cliffs acquiring U.S. Steel and how it would affect them in the short and long term.
18. Jim advises against pulling the trigger on Cleveland Cliffs.
19. The caller asks about Clearfield and Jim advises against investing in it due to its commodity business.
20. The conversation concludes with the announcement of "The Lightning Round."