On CNBC’s “Mad Money Lightning Round,” Jim Cramer said he likes Vistra Corp. (NYSE:VST) and also likes Constellation Energy Corporation (NASDAQ:CEG). “I think these things are oversold and they make a ton of sense,” he added.
Vistra, on Aug. 7, reported second-quarter revenue and earnings that missed Wall Street estimates, even as it posted stronger adjusted EBITDA growth and reaffirmed its full-year outlook.
When asked about Recursion Pharmaceuticals, Inc. (NASDAQ:RXRX), he said, “I think that company better come up with something soon because right now all it is coming up with is losses, and that is not the way it should be.”
On the earnings front, Recursion Pharmaceuticals, on Aug. 5, reported worse-than-expected second-quarter financial results.
Cramer senses “trouble” with NextEra Energy, Inc. (NYSE:NEE), which, on July 24, reported mixed second-quarter results. The Juno Beach, Florida-based company reaffirmed full-year adjusted EPS guidance.
“This President [Trump] seems to be inclined to be able to give the Navy a lot of money, and I think that’s the only game in town,” Cramer said when asked about shipbuilder Huntington Ingalls Industries, Inc. (NYSE:HII).
On the earnings front, Huntington Ingalls, on July 30, reported better-than-expected second-quarter financial results and raised its FY26 sales guidance above estimates.
When asked about Fastly, Inc. (NASDAQ:FSLY), he said, “That thing came back from the abyss. I have to tell you, I still like Cloudflare (NYSE:NET) more, but I hand it to those guys. I also like Akamai (NASDAQ:AKAM), but Fastly’s in the game, and it’s not easy to be in that game.”
Fastly, on Aug. 5, reported quarterly earnings of 15 cents per share, which beat the analyst consensus estimate of seven cents, according to Benzinga Pro data.
Price Action
- Recursion Pharmaceuticals shares fell 1.8% to settle at $3.29 on Wednesday.
- Fastly shares fell 0.9% to close at $28.53 during the session.
- Nextera rose 0.1% to settle at $85.78 on Wednesday.
- Huntington Ingalls shares fell 0.3% to close at $326.80.
- Vistra shares gained 1.2% to settle at $146.68.
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