Lightning Round: SoFi could hit new highs, says Jim Cramer

Key Concepts:

• SoFi (Social Finance): A financial services company.
• Roku: A streaming platform and hardware manufacturer.
• GE Healthcare: A division of General Electric focused on medical technology and diagnostics.
• Constellation Brands: A beverage company, primarily known for beer and spirits.
• Lightning Round: A rapid-fire question and answer segment on the show.

1. SoFi (Social Finance) - Khalid from Georgia:

• Caller Khalid inquired about SoFi, noting its record revenue and all-time high deposits.
• Cramer expressed strong support for SoFi, stating, "We have been behind this thing the whole way."
• He believes any pullback is a buying opportunity and predicts the stock will reach new highs, specifically targeting $18.

2. Roku - Larry from New Jersey:

• Caller Larry asked about Roku, mentioning their recent earnings report (May 2nd) of $56 million and reaffirmed fiscal year guidance.
• Cramer acknowledged negative sentiment surrounding Roku but stated he is not joining the "gaggle" of detractors.
• He believes Roku has upside potential due to its "terrific things in streaming."

3. GE Healthcare - Jim from Connecticut:

• Caller Jim, a club member, inquired about GE Healthcare, citing a new imaging system and a 90-day tariff suspension.
• Cramer revealed he previously sold a significant portion of his GE Healthcare holdings in the high 80s.
• He cited two primary reasons for his diminished confidence: inconsistent performance and concerns about the company being "controlled by China, not America."
• Cramer concluded with a negative recommendation: "Don't buy, don't buy."

4. Constellation Brands - Henry from Colorado:

• Caller Henry sought Cramer's opinion on Constellation Brands, noting its attempt to bottom out.
• Cramer expressed disappointment with the company's performance, stating, "I expected more from the company."
• He cited softness in the beer business and the spirits business as contributing factors.
• Cramer stated he doesn't want to be in disappointing stocks and doesn't see a positive outlook for Constellation Brands.

5. Conclusion of Lightning Round:

• The Lightning Round segment was sponsored by Charles Schwab.
• The show transitioned to a segment about President Trump's activities in the Middle East and their potential financial implications.

6. Closing Remarks:

• A viewer expressed appreciation for Cramer's show, noting its entertainment and informative value.
• The viewer mentioned watching every episode of Mad Money since its debut in 2005.
• Viewers were encouraged to watch Mad Money every night at 6 p.m. Eastern and join the CNBC Investing Club.

Synthesis/Conclusion:

The Lightning Round featured a mix of positive and negative assessments of various companies. Cramer expressed strong support for SoFi, a cautious optimism for Roku, and negative outlooks for GE Healthcare and Constellation Brands. His analysis was based on factors such as company performance, industry trends, and geopolitical considerations. The segment provided actionable insights for viewers considering investments in these companies.