On CNBC's "Mad Money Lightning Round," Jim Cramer said he likes BHP Group Limited (NYSE:BHP). "I think you got a good situation going there," he added.
As CEO Mike Henry's tenure approaches its expected conclusion, BHP Group reportedly prepares for a leadership transition. While no formal announcement has been made, company insiders suggested the board could initiate the succession process soon, with a potential handover in early 2026.
Cramer recommended not selling Arm Holdings plc (NASDAQ:ARM) here. "I want you to stay in it," he added.
As per recent news, Cadence agreed to acquire Arm's Artisan Foundation IP business on April 16.
Cramer said no to Strategy Incorporated (NASDAQ:MSTR), adding he likes Bitcoin (CRYPTO: BTC).
According to a recent SEC filing, Strategy acquired an additional 6,556 Bitcoin for approximately $555.8 million. The purchase was made between April 14 and April 20, at an average price of $84,785 per Bitcoin including fees.
Price Action:
- Arm shares gained 1.2% to settle at $113.34 on Friday.
- Strategy shares gained 5.2% to close at $368.71 during the session.
- BHP shares fell 2.2% to settle at $48.21 on Friday.
- Wall Street's Most Accurate Analysts Give Their Take On 3 Real Estate Stocks Delivering High-Dividend Yields
Image: Shutterstock
