On CNBC's "Mad Money Lightning Round," Jim Cramer said Altria Group, Inc. (NYSE:MO) is "undervalued," but he is not going to recommend tobacco stocks.
On Oct. 31, the company reported third-quarter adjusted earnings per share of $1.38. It beat the street view of $1.35. Quarterly sales of $5.334 billion (+1.3%) beat the analyst consensus estimate of $5.326 billion.
Cramer recommended selling Super Micro Computer, Inc. (NASDAQ:SMCI).
Super Micro Computer filed a FormNT 10-Q with the Securities and Exchange Commission, indicating that it's unable to file its 2025 fiscal-year first-quarter earnings on time.
When asked about The Boeing Company (NYSE:BA), he said, "I prefer not to be in a stock that is going to lose a lot of money for a long time."
According to Reuters, the company reportedly begins issuing layoff notices to employees affected by a major restructuring plan. The plan, which aims to reduce Boeing's global workforce by 17,000 jobs—approximately 10% of its total—comes as the heavily indebted aerospace giant seeks to cut costs.
Becton, Dickinson and Company (NYSE:BDX) has "broken down severely," Cramer said. "If Robert F. Kennedy Jr. is going to be the head of HHS, then it's going to hurt a lot of vaccines, it could hurt a lot of their business."
On Nov. 7, the company posted better-than-expected results for its fourth quarter.
"They have a lot of phase one stuff, and phase one is might early. Too early for me to bet on," Cramer said when asked about IDEAYA Biosciences, Inc. (NASDAQ:IDYA).
On Nov. 4, IDEAYA Biosciences reported a quarterly loss of 60 cents per share, compared to consensus estimates of a loss of 64 cents per share.
"I just don't know what is wrong," Cramer said about AstraZeneca PLC (NASDAQ:AZN). "My god is this thing going lower."
On Nov. 12, AstraZeneca reported third-quarter sales of $13.57 billion, up 18% year over year (+21% at constant currency), beating the consensus of $13.09 billion.
Price Action:
- Altria shares rose 0.3% to settle at $55.39 on Thursday.
- Super Micro Computer shares dipped 11.4% to close at $18.01.
- Boeing shares fell 1.3% to settle at $138.14 during the session.
- Becton Dickinson shares fell 1.8% to close at $227.17 on Thursday.
- IDEAYA Biosciences shares fell 3.4% to settle at $29.47 during the session.
- AstraZeneca shares fell 0.4% to close at $65.04 on Thursday.
- Jim Cramer Recommends Microsoft, Praises American Water Works For Being 'Consistent'
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