Lightning Round Summary
Key Concepts: Dividend stocks, Energy Transfer (ET), Snowflake (SNOW), Enterprise Products (EPD), Applied Digital (APLD), Peabody Energy (BTU), natural gas liquids (NGLs), coal prices, Wall of Shame.
Dividend Stocks: Energy Transfer (ET)
Jonathan from Pennsylvania is considering adding dividend stocks to his portfolio and asks about Energy Transfer (ET), which is currently yielding 8%. Jim Cramer expresses a positive view on Energy Transfer.
Tech Stocks: Snowflake (SNOW)
Pat from Washington asks about buying Snowflake (SNOW). Cramer likes Snowflake and believes it might be a good time to buy, as it has been impacted by the tech stock sell-off. He notes it went down six dollars recently and suggests pulling the trigger.
Enterprise Products (EPD) and Wall of Shame
Bob from New York asks two questions: when will the "Wall Option" return, and is Enterprise Products (EPD) a stock to own now and going forward? Cramer addresses the Enterprise Products question, stating that people are selling it due to their exposure to natural gas liquids (NGLs) that are currently stalled. He advises not to worry about it and considers the company fantastic. He also mentions potentially bringing back the "Wall of Shame."
Applied Digital (APLD)
Kurt from Florida asks about Applied Digital (APLD). Cramer immediately dismisses it, stating that it is losing money and he prefers to focus on profitable companies.
Coal and Peabody Energy (BTU)
Betty from Tennessee, representing an investment club, asks about Peabody Energy (BTU) in light of the President's interest in coal. Cramer acknowledges that he previously wrote about the potential for coal's return, prompting a look at Peabody. However, he cautions against it, as coal prices have collapsed worldwide, making it unlikely to be a profitable investment.
Conclusion
The Lightning Round covers a range of stocks across different sectors, with Cramer offering quick opinions and recommendations. He favors Energy Transfer (ET) for dividends and Snowflake (SNOW) as a potentially undervalued tech stock. He remains positive on Enterprise Products (EPD) despite concerns about NGLs. He advises against investing in Applied Digital (APLD) due to its losses and cautions against Peabody Energy (BTU) due to the collapse of coal prices.
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