Cramer endorsed Lyft at $15 and rejected First Solar despite 65% net income growth, calling its chart one of the worst he's seen.
Cramer called for Fiserv to merge amid fintech overcrowding and told investors to wait for AST SpaceMobile to fall to $40 before buying.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and First Solar didn't make the cut. Grab the names FREE today.
Jim Cramer's Lightning Round on CNBC's Mad Money delivered mixed verdicts on growth and speculative names, endorsing Lyft at current levels, calling for consolidation in fintech, and dismissing First Solar on technicals. He also saw value in shipping stocks such as ZIM.
Here are some of Jim Cramer's most recent takes:
Cramer's rejection of First Solar (NASDAQ:FSLR) was blunt. "Man, that thing has just been crushed. You're buying it at a very inexpensive price. But… I hate to default to being a technician. It has one of the worst charts I've ever seen," he said, adding that the company is profitable but faces a lawsuit.
The paradox is real. First Solar posted Q1 2026 EPS of $3.22, beating consensus of $2.98 by 8.02%, with revenue of $1.044 billion and net income up 65% year over year to $346.62 million. CEO Mark Widmar credited "differentiated technology, a domestic manufacturing footprint, and independence from Chinese crystalline silicon supply chains."
Yet the price action tells the darker story: shares are down 21.41% year to date and off 20.33% in the past month, closing recently at $206.54. Backlog slipped from a Q3 2025 peak of 53.7 GW to 47.9 GW, and the Section 45X tax credit phases out between 2030 and 2033.
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A caller asked Jim Cramer whether he thought Lyft (NASDAQ:LYFT) was a buy today, and Cramer sided with the caller: "I think David Risher's doing a good job. It's been trading back and forth and back and forth. The $15 is a good level to start. I agree with you." He also flagged that Lyft has generated over $1 billion in free cash flow.
Shares last traded at $15.43, in the strike zone Cramer identified. Q1 2026 delivered gross bookings of $4.95 billion, up 19% year over year, 28.3 million active riders, and adjusted EBITDA of $132.80 million, up 25%. CEO David Risher said, "Our customer-obsessed comeback continues… Lyft is performing while transforming." The company repurchased $300 million of stock in the quarter, on top of a $1 billion authorization. See the full Q1 release.
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