VST - Jim Cramer Says He's 'Going To Have To Wait' On SoFi But Recommends This 'Great Little Industrial Company' | Benzinga
On CNBC's “Mad Money Lightning Round,” Jim Cramer said he still can't recommend Twilio (NASDAQ:TWLO).
On June 14, Morgan Stanley downgraded the stock from Overweight to Equal-Weight and lowered its price target from $70 to $60.
Cramer said Vistra Corp. (NYSE:VST) is a “momentum stock, and momentum stocks can't really withstand that kind of drop. That said, I do think that it's the sweet spot of the energy market.” The “Mad Money” host said he prefers Constellation Energy Corporation (NASDAQ:CEG).
On May 30, Vistra announced plans to add up to 2,000 megawatts of dispatchable, natural-gas-fueled power capacity in West, Central, and North Texas.
When asked about Novavax, Inc. (NASDAQ:NVAX), he said, “Anything Covid is not really ...