Lightning Round: Ralph Lauren could go higher, says Jim Cramer

Wealth Wizards
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4 Video Views·Dec 7, 2024
Mad Money' host Jim Cramer weighs in on stock including: Vertiv, SoundHound AI, Skyworks, Disney, and more.
I don't know the whole stock said I'm a step first.
But you play yourself.
And then the lightning round is over.
Are you ready?
Ski guy over the light around Cravens.
Why don't we start with Sean in a while.
Sean.
Jim, first of all, I love the show.
And thanks for all the hard work you and your team put into this team.
Puts a lot of hard work and we come in early.
We stay late.
How can I help?
All right, Jim.
So I was looking for a non-shipmaker AI infrastructure position, you know, data centers.
Sure.
I get you.
And I came across a company called Verted Holdings, symbol VRT.
Here's the problem.
You just came across it.
Others have come across it long before.
We've had them on.
I know the company really, really well.
And it's up like 10 times now.
But here's what matters.
If you buy some and then let it come in, you know what?
I'm fine.
I just don't want you to buy it all at this level because it is very high.
Let's go to Steven in Rhode Island.
Steven.
Hey, Jim Kramer, a professor.
Oh, thank you.
First time calling.
All right.
First time calling.
Long time listener.
Very good.
Thank you.
I want to say thank you to your crew because they're the best.
My stock is sound, hound, AI.
Oh my, it finally happened.
Ben Stodo and I, he's our chief scientist, also a researcher here.
We realized, holy cow, it finally broke out.
I thought it never would.
And all I can tell you is once they go parabolic like this, you usually get a couple more days
of parabola.
But then, please, ka-ching, ka-ching, I could not believe that it finally happened.
I knew it had to happen, but it finally happened.
Let's go to Reese in Pennsylvania.
Reese.
Hey, Jim.
My ticker is OOD, H-O-O-D.
This is what I call an up stock, all right?
Everyone's decided that this is the fintech one to buy.
They've come on.
They've been highly promotional.
It did an aisle in reversal today, which I typically don't like.
I think it's headed to 35.
We can revisit it there.
Let's go to Patrick in California.
Patrick.
Mr. Kramer, thanks for taking my call.
Of course.
Thank you.
Hey, my question today is about Limbach Holdings.
All right.
Now, this isn't HVAC.
This is one we've been getting.
A lot of these infrastructure places.
There's no problem with that, but if you're going to go there, I insist on you going into
train or carrier along with this.
If you're going to own this, this is the spec.
I like the others because they're not spec.
How about we go to Glenn in California.
Glenn.
Hey, Jim.
Thanks for taking my call.
It's a pleasure to be with you.
Of course.
I just want to let you know that I've been a very happy member of the club since day
one.
Yes, thank you.
I also want to let you know that because of you, I made my first purchase of NVIDIA back
in August of 2017.
Well played.
We made a lot of money together then.
Thank you so much.
Really.
But thank you for realizing the genius of Jensen Wong and bringing the company to our
attention.
It's all on Jensen.
He's a remarkable man.
Thank you.
Go ahead.
I want to ask you about the future of SkyWorks Solutions, and if it's OK, I also want to
ask you about Disney.
All right.
Well, Disney, I was talking all day about that.
And I think it's ridiculous that someone put out $120 on Target with a stock of $116.
That's a buy.
SkyWorks is much, much tougher.
Liam Griffin is an amazing CEO.
I think you may have to suffer through one quarter or even two quarters before you get
a turn there.
It is going to take that long.
Why don't we go to Trey in Texas.
Trey.
Jim, as soon as you walk into my office, you see a picture of my wife and I on our wedding
day, serving as a constant reminder of just how lucky I am to own a Zegna tuxedo.
I mean, I look like me.
As opposed to me and your wife.
OK, I get that.
I'm a clothes horse myself.
Go ahead.
I look like Bruce Wayne when I put this bad boy on.
Welcome to Wayne Enterprises.
My question is, do I end up with Batman money if I load the boat on Zegna stock here?
You know, I have avoided Zegna stock pretty specifically because I did not really understand
it.
But I noticed his bottom.
That's not enough.
I'm going to have to do a full workup on Zegna, in part because I'm a Brioni guy.
Let's go ahead and Joe in New Jersey.
Joe.
Hello, Mr. Kramer.
Joe, how you been?
Thank you for taking my call.
Of course.
I've been pretty good, doing some Christmas shopping.
And I just want to know, with the fine line of apparel and all that I buy, is Ralph Lauren
a buy up here at these levels?
OK, I have been, ever since Patrice LeVay came in, I have just thought this was one
unbelievable situation.
And I'm doubling down right now.
I think it goes higher.
I like RL.
And that, ladies and gentlemen, is the conclusion of the 90 round.
This round is sponsored by Charles Schwab.
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