On the latest edition of CNBC's “Mad Money Lightning Round,” Jim Cramer called Kodiak Sciences Inc. (NASDAQ:KOD) is a “pure spec” stock.
“If you like [Kodiak], accept the risk. But otherwise, no go from me,” he added.
On the earnings front, Kodiak Sciences, on Aug. 13, posted a second-quarter loss of $1.03 per share, compared to market estimates of a loss of $1.02 per share.
Cramer recommended buying Oklo Inc. (NYSE:OKLO), which received a Buy rating and announced a price target of $92 from BofA Securities analyst Dimple Gosa on Tuesday.
“I'm not positive on oil right now,” Cramer said when asked about Texas Pacific Land Corporation (NYSE:TPL). “We're just not going to go there.”
Texas Pacific Land, on Aug. 6, reported worse-than-expected second-quarter sales results.
Carrier Global Corporation (NYSE:CARR) is “too low. You've got to do some buying,” Cramer said.
Lending support to his choice, Carrier Global, on July 29, posted better-than-expected second-quarter earnings.
Price Action On Tuesday, Aug. 26:
- Carrier Global shares rose 0.7% to settle at $66.48.
- Oklo shares gained 4.4% to settle at $74.31.
- Kodiak Sciences shares gained 2.2% to close at $9.68.
- Texas Pacific Land shares rose 1.2% to close at $911.04.
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