In a recent episode of “Mad Money,” host Jim Cramer provided rapid-fire answers to callers’ stock questions. One of the stocks discussed was Caterpillar, with Cramer expressing optimism due to anticipated infrastructure investments in 2024. He recommended buying the stock, noting that it is not currently priced for significant growth.
Another stock mentioned was Abercrombie, with Cramer praising CEO Fran Horowitz’s intelligence. Despite previous reservations about the company’s focus on apparel for a specific age group, Cramer now sees Abercrombie as a winner and advised buying the stock.
Exxon was also discussed, with Cramer expressing a positive outlook and noting its potential for growth. He considers Exxon to be a good company performing well in the market, and he believes the stock has room for further increases.
In summary, Cramer offered his opinions on various stocks, recommending buying Caterpillar and Abercrombie while expressing positivity towards Exxon. These recommendations were based on his assessments of the companies’ potential for growth and market performance.