Mad Money

Cramer's lightning round: Ferrari is a buy

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Key Points
  • It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

Ferrari: "Ferrari's fabulous. Just fabulous. I call that a buy."

ChargePoint: "We do like the field, but it's a crowded field. All that said, we can get a nice short squeeze going there for a couple of days, but I wouldn't hang around. Too many players."

Palantir: "I think Palantir's for real. Unfortunately, it's a big black box. A lot of the contracts, we can't tell what's in them. I happen to like other software companies a little bit more, like a Microsoft, but this is a stock that is a Cathie Wood stock. She's a very competent manager ... She herself could take this thing higher if she wants to."

Smith & Wesson: "This is a problematic security ... All I can say is that if you want to own it, that's fine. I'm not recommending the stock."

Sorrento Therapeutics: "There'll be a news release and it'll spike 3-4 points ... and that'll give you a chance to get out."

Clean Energy Fuels: "I don't want you to overstay your welcome here because after all these years it's still not making any money, and that's not for me."

Sonos: "Sonos is killing it ... I am pro Sonos."

Mohawk: "I do prefer Whirlpool."

Paysafe: "I like that company very much. I'm surprised that it's down so much. I'm a buyer."

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Cramer's lightning round: Ferrari is a buy

Disclosure: Cramer's charitable trust owns shares of Microsoft.

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