Jim Cramer Names One Of His 'Absolute Favorite' Stocks

Jim Cramer on CNBC's “Mad Money Lightning Round” recommended passing on DigitalBridge Group, Inc. (DBRG/PJ) and noted MSCI Inc. (MSCI) as one of his “absolute favorite” stocks, suggesting it as a buy despite a 9% year-to-date decline. He also commented on Lumentum Holdings Inc (LITE), calling it a speculative stock. Mizuho analyst Vijay Rakesh maintained an Outperform rating on Lumentum and raised its price target. DigitalBridge Group’s Digita Group reached an agreement to be acquired by GI Partners.