On CNBC's "Mad Money Lightning Round," Jim Cramer said he likes GE Vernova Inc. (NYSE:GEV). "We're all looking for situations where we can play the environment and corporations, and we've got it," he added.
On Sept. 4, Jefferies initiated coverage on the stock with a Buy rating and announced a price target of $261.
Veralto Corporation (NYSE:VLTO) is a "very well-run" company, Cramer said. "I'm not sure how much more we can go higher unless it makes an acquisition or really accelerates earning, and I don't see that happening."
On Aug. 13, UBS analyst Damian Karas initiated coverage on Veralto with a Neutral rating and announced a price target of $118.
When asked about Eastman Chemical Company (NYSE:EMN), he said, "I think the stock, with a 3% yield, is one of the better, one of the better plastic stocks in the market."
On Aug. 20, Eastman named Iké Adeyemi as Chief Legal Officer.
Lam Research (NASDAQ:LRCX) has "gone down too much," he said. "I'd rather be a buyer, but buy it slowly, do not buy it once, that will only lead to pain."
On Aug. 29, Lam Research raised its quarterly dividend from $2.00 to $2.30 per share.
Price Action:
- GE Vernova shares fell 0.1% to settle at $198.33 on Friday.
- Veralto shares declined 1% to close at $108.72 during Friday's session.
- Lam Research shares fell 2.9% to close at $733.83 during Friday's session.
- Eastman Chemical fell 0.9% to settle at $97.17 during the session.
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