business

Cramer's Lightning Round: I Like Truist

CNBC
  • 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.

PPG Industries Inc: "I think PPG is down too much. I think it's okay, but ... This is a company that has been really hurt by raw costs. That's going to end eventually. I think if you can handle disappointment at this point, I would buy the stock."

AppFolio Inc: "You've got a software portfolio that is meant for housing. And I think it's much needed, and it reminds me very much of Anaplan, which got a bid today from Thoma Bravo."

Berkshire Hathaway Inc Class B: " I think [having it as more than a third of a portfolio is] a lot for any one particular company, but I do love the company so much. Let's cut it to 20% [of a portfolio], so that we can sleep better at night."

Star Bulk Carriers Corp: "I think the dividend's too high, but for what's going on right now in Ukraine, I think it's actually going to be good for the next year."

Vaalco Energy Inc: "This is, yes. It will work. It will work because [the price of] oil is so high, even though I don't like their business model."

Plains All American Pipeline LP: "Typically, I would not be a fan, because they did have issues. ... As much as I like Plains, I like [Enterprise Products Partners] more, but I will back Plains."

Truist Financial Corp: "I like Truist. ... They're in the right place where wealth is, they're a very smart-run bank, I think it's a good place to be."

Sign up now for the CNBC Investing Club to follow Jim Cramer's every move in the market.

Disclaimer

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer's world? Hit him up!
Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram

Questions, comments, suggestions for the "Mad Money" website? madcap@cnbc.com

Copyright CNBC
Contact Us