On CNBC's “Mad Money Lightning Round,” Jim Cramer said he likes Enbridge Inc. (NYSE:ENB). “I trust that management team,” he added.
On May 10, Enbridge posted better-than-expected quarterly earnings.
Lazard, Inc. (NYSE:LAZ) is a good buy here, Cramer said. “I do believe that things are going to get a little less onerous… when it comes to takeovers.”
On May 20, Lazard announced that Ben Braun joined the firm as managing director and global head of Media, Entertainment & Sports Advisory.
Cramer recommended staying away from AST SpaceMobile, Inc. (NASDAQ:ASTS) as there are so many great companies. “We don't need to be in that one,” he added.
On May 15, AST SpaceMobile and AT&T announced a definitive commercial agreement.
The “Mad Money” host said Advanced Drainage Systems, Inc. (NYSE: