Here’s what Cramer had to say about some of the stocks that callers offered up during the Mad Money Lightning Round Wednesday evening:
Enphase Energy (ENPH) – Get Report: “I really like that company. SunPower (SPWR) – Get Report is the one we don’t want.”
Advanced Micro Devices (AMD) – Get Report: “You just need to buy this stock.”
Abbott Laboratories (ABT) – Get Report: “I think we’re wrong to worry. This one can still go higher.”
On Wall Street Wednesday, stocks were broadly higher, with the Dow Jones Industrial Average closing at a record, after Federal Reserve Chairman Jerome Powell reiterated the central bank will continue its support of the U.S. economy.
The Dow finished up 424 points, or 1.35%, to 31,961, and also set an intraday record. The S&P 500 finished up 1.14% and the Nasdaq rose 0.99%.
Bond yields surged after Powell’s pledge of continued economic support.
Read the full Mad Money Recap from Monday’s show, Back to Basics: Cramer’s ‘Mad Money’ Recap (Wednesday 2/24/21).
Cramer interviewed Hayden Brown, president and CEO of Upwork (UPWK) – Get Report, an online marketplace of independent workers. He also checked in with one of his favorite SPACS, MP Materials, talking with chairman and CEO, James Litinsky.
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At the time of publication, Cramer’s Action Alerts PLUS had a position in COST, ABT.
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