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Beyond Meat will shine as economy reopens

@Kingskind by @Kingskind
April 6, 2021
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CNBC’s Jim Cramer and the “Mad Money” team dedicated Monday’s lightning round to frontline workers who have labored tirelessly throughout the coronavirus pandemic.

After the stock market closed for the day, Cramer recognized both the 16th anniversary of his stock and business news talk show and the one-year anniversary of the start of the global health emergency.

“In the darkness, there was a light in the selfless women and men who have served on the frontlines to keep us all safe,” Cramer said. “Tonight, we are honoring those who stepped up to help, with a special lightning round featuring just those essential workers.”

Palantir: “Palantir is a great growth company, but I’ve got to tell you … they have contracts that, because they’re with the government, I don’t know what they’re doing. So as long as there’s such a black box, I cannot advise you to buy shares.”

Fiverr International: “We think they’re terrific. I understand the stock’s very high, I think you’re fine. It could go down a little, but I think you’re fine.”

Teladoc Health: “I think Teladoc is for real … [but] there are others that want to be in that business, and right now, if people think there’s going to be a boom, Teladoc stock is going to underperform. Can you own it for the long term, though? Yes.”

Exact Sciences: “I think it’s real. I think that they’ve got much more in the pipeline, that’s why the stock’s trading up. I think that they are, again, a problem solver of a disease that can be stopped if we catch it early enough, and that’s one of the reasons why I have liked EXES.”

Beyond Meat: “When we start having services open up and cafeterias open up, you’re going to see Beyond Meat and [CEO] Ethan Brown shine.”

Tanger Factory Outlet Centers: “I happen to think that, like Federal Realty and like Simon Property, Tanger’s good. … The stock is a little hot right here, let it come in. But I think it’s fine.”

— to www.cnbc.com

@Kingskind

@Kingskind

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