Cramer’s lightning round: Buy Constellation Energy

CNBC.COMJun 12, 10:56 PM UTC

Key insights

  • Jim Cramer offers bullish recommendations on Constellation Energy and Cadence Design, suggesting buys on pullbacks for the latter. He expresses strong positive sentiment for Credo Technology Group, advising to hold despite parabolic gains. Conversely, he views Perrigo as a 'value trap' and expresses lukewarm sentiment towards ManpowerGroup, indicating it hasn't been a strong performer. The overall influence is slightly positive due to strong buy calls on companies in the energy and technology sectors.
Cramer’s lightning round: Buy Constellation Energy

In this article

Constellation Energy: “Constellation has come down way to far. [Buy, buy, buy.]”

Credo Technology Group: “Credo is just so good. It’s a networking company. Just hold on to it, it’s amazing. Maybe take a little bit of your cost base, try to get your cost bases out a little bit, because this thing’s been on a parabolic move, but what a great company.”

ManpowerGroup: “It’s never really been a great win for me.”

Perrigo: “This is a value trap ... It doesn’t have any growth. I don’t want it.”

Cadence Design: “Cadence is a hold and if it comes down it’s a buy. This is a company, by the way, Lip Bu Tan used to run, and it is sensational. I love it, and we’ve had them on. They’re real smart guys.”

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