I'm LongbridgeAI, I can summarize articles.Jim Cramer recommended buying Texas Pacific Land (TPL), calling it 'very inexpensive' despite recent earnings misses. He criticized Procter & Gamble (PG) for lacking growth and low yield, labeled Kailera Therapeutics (KLRA) as highly speculative, and dismissed Ondas (ONDS) as a meme stock. Additionally, he expressed skepticism about Tractor Supply (TSCO) due to downbeat results and lowered outlook.
On CNBC’s “Mad Money Lightning Round,” Jim Cramer recommended buying Texas Pacific Land Corporation (NYSE:TPL), adding that the stock is going higher and is a “very inexpensive” one.
On the earnings front, Texas Pacific Land reported worse-than-expected second-quarter results on Aug. 5.
Cramer said The Procter & Gamble Company (NYSE:PG) is a “tough” stock because the company doesn’t have the growth he wants, adding that it has a 3% yield, which is “not enough.”
On July 29, Procter & Gamble reported worse-than-expected fourth-quarter sales results and issued FY27 guidance below estimates.
Kailera Therapeutics, Inc. (NASDAQ:KLRA) is the “most speculative stock on earth,” Cramer said. “So, I’m going to tell you, it’s your spec. Don’t pick another spec, but it’s your spec, and I’m going to bless that.”
On the earnings front, Kailera Therapeutics, on Aug. 12, reported quarterly losses of $1.09 per share, which missed the analyst consensus estimate of a loss of 74 cents per share.
Ondas Inc. (NASDAQ:ONDS) is a “meme” stock, Cramer said.
As per recent news, Ondas said on Aug. 18 that it entered into a definitive agreement to acquire Aran Defense Ltd., the defense-focused division of Israel-based Aran Ltd.
“This stock just can’t seem to lift. It’s a good company, but in an industry where you’ve got to have something right now more than just a good company, and it doesn’t have that right now,” Cramer said when asked about Tractor Supply Company (NASDAQ:TSCO).
Tractor Supply, on July 23, reported downbeat second-quarter results and lowered its full-year sales and earnings outlook.
Price Action:
- Procter & Gamble shares gained 0.2% to settle at $142.97 on Thursday.
- Kailera Therapeutics shares rose 0.5% to close at $14.91 during the session.
- Tractor Supply declined 1.4% to settle at $33.52 on Thursday.
- Texas Pacific Land shares fell 2.1% to close at $366.10.
- Ondas shares fell 0.6% to settle at $7.25.
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