Cramer's lightning round: 'I'm going to say no' to United Microelectronics
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.
TL;DR
- Jim Cramer discussed Avnet, noting its low P/E but also market concerns about its upward trend ending.
- He recommended passing on Archer Aviation, stating there are better speculative stocks available.
- Cramer said no to United Microelectronics, despite its 135% year-to-date rise, due to a lack of catalyst at current prices.
- He expressed interest in Altimmune at $2, believing GLPs could address fatty liver disease, but warned about the risk of stocks going to zero.