Lightning Round: I don't think Star Bulk's yield can hold up, says Jim Cramer

Wealth Wizards
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1 Video View·Dec 14, 2024
Mad Money' host Jim Cramer weighs in on stock including: Applied Materials, Star Bulk Carriers, Navitas, and Booz Allen Hamilton.
It is time for the lightning round.
Everybody has to play with tickles.
My party in the Soccer Center.
Bye bye bye.
So it was so stupid.
There was a soft question.
I don't understand.
There is a way to play this out.
And then the lightning round is over.
Are you ready?
Skinny Daddy, the lightning round.
I'm starting with Jay in the body.
Jay.
Hey, Jim.
Hey, long time follower and club member.
I've had this for a while.
With chip factories starting to be built in the States,
I thought this would offset its China exposure.
I lowered my cost basis with a few buys on the way down.
Now I think it's just a falling machete.
Should I hold on or harvest a lot?
My stock is applied material.
That is a falling machete.
Very good analogy.
However, I will say this.
Let's forget about the chart, which is about one of the worst
in the book, like many of the semis, and just accept the fact
that they're going to have better order structure than this year.
And therefore, I say pull the trigger and buy.
Let's go to Quinn in Oregon, where my daughter lived for a very long time.
Quinn.
Hey, Jim.
Very respectfully, booyah, and sco-beams.
So here's the stitch.
I'm 26.
I've been a listener since I was a kid.
I have to report that your show plays on the trading floor of my brother
and I's very own contrarian hedge fund every day.
And so I want to pick your brain on worldwide dry bulk shipper, FBLK.
Yeah, that's a play on China, basically, just dry bulk.
I'm not there.
I've got to be against that.
I'm sorry.
I don't even think that yield can hold up, given the fact
that their orders are where they are.
I need to go.
But thank you for the nice comments, and keep watching.
That's good.
Well, yeah.
Let's go to Mark in Wisconsin.
Mark.
Dr. Kramer, thank you for taking my call.
A while back, I talked to you about this stock as a spec.
You said, OK for a spec, but they're losing a lot of money.
Ticker symbol MVTS, Navitas Semiconductor.
You know, that's OK for a spec, but they're losing a lot of money.
Let's go to, don't mean to be too facetious, but it's true.
I mean, what can I say?
Let's go to Ben in Florida.
Ben.
Yeah, the stock that I'm thinking of is down 25% this month.
What's your, is it time to buy a stock ticker VAH?
You're going up against Elon Musk with that one.
And I have found that to be somewhat of a suboptimal situation.
So I'm going to say no.
And that, ladies and gentlemen, is the conclusion of the lightning round.
The lightning round is sponsored by Charles Schwab.
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