Lightning Round: On the fence about buying drone companies that aren't making money, says Jim Cramer

Key Concepts

• CRH: A global leader in building materials for infrastructure.
• Cloudflare: A company focused on internet security and performance, led by Matthew Prince.
• Red Cat: A drone company.
• Lightning Round: A segment of the show where callers ask about specific stocks.

CRH - Infrastructure Focus

Jonathan from Sandy Springs, Georgia, a first-time caller of 18 years, inquired about CRH. Jim Cramer described CRH as "hot as a pistol" and highlighted that its strength lies in the infrastructure sector, which is performing well despite a lack of activity in the housing market. This indicates a strategic advantage for CRH due to its focus on essential infrastructure development.

Cloudflare - Belief in Leadership

Dave from Illinois asked about Cloudflare. Cramer acknowledged that the stock might seem high, trading in the "200 state" (implying around $200 per share). However, he expressed a strong belief in Matthew Prince, the leader of Cloudflare, stating, "We are big believer in Matthew Prince and we're not stopping here. We're going to continue to support him." He suggested that while taking "some off the table first" might be prudent, the overall sentiment remains supportive.

Red Cat - Caution on Unprofitable Drones

Jimmy from Pennsylvania, who identified himself as "Mo from Frontier Lumber RTX on State Street," asked about Red Cat. Cramer identified Red Cat as a drone company and a "Ben Soto favorite." However, Cramer expressed a cautious stance on buying drone companies that are "aren't making money." This indicates a preference for profitability and a clear business model when investing in emerging technology sectors like drones.

Conclusion of the Lightning Round

The segment concluded with Cramer's assessment of Red Cat, marking the end of the Lightning Round. The Lightning Round is sponsored by Charles Schwab.