Cramer praises Smithfield, Eton and IES, pans BW
On CNBC’s Mad Money Lightning Round, Jim Cramer called Smithfield Foods inexpensive, said Eton Pharmaceuticals has been a winner and backed IES Holdings, while criticizing Babcock & Wilcox.
On CNBC’s “ Mad Money Lightning Round,” Jim Cramer called packaged meat company Smithfield Foods (NYSE: SFD ) a “very inexpensive” stock. “I am willing to bet that at 8 times earnings you’re not going to lose money,” Cramer said. “And you could make some money with a 5.6% yield.” Smithfield Foods, on Aug.
11, posted record second-quarter adjusted operating profit of $300 million and first-half record of $638 million, up 2% year-over-year.
Cramer also covered: Babcock & Wilcox Enterprises, Inc. (NYSE: BW ).
The energy equipment maker is “ losing so much money.” On Aug.
10, the company reported second-quarter revenue of $319.7 million, a 130% increase.
Net Income was $14.3 million.
BillionToOne, Inc. (NASDAQ: BLLN ). “We decided it’s a pretty darn good company,” Cramer said when asked about the molecular diagnostics company. “I think you have a good one.” On the earnings front, BillionToOne, on Aug.
5, reported mixed third-quarter financial results and affirmed FY2026 sales guidance.
Eton Pharmaceuticals, Inc. (NASDAQ: ETON ).
It’s a “biotech that’s been a winner,” Cramer said. “I like to take a little bit off of the biotech winner and then let the rest run,” he added.
Eton Pharmaceuticals, on Aug.
13, reported better-than-expected second-quarter financial results and issued FY26 revenue guidance above estimates.
QXO, Inc. (NYSE: QXO ).
Cramer recommended buying this stock, which “goes from $14 to $24.
That’s why I think you should own it.” As per the recent news, QXO, on Monday, appointed Ken West as president and chief operating officer.
IES Holdings, Inc. (NASDAQ: IESC ).
Cramer considers it a “very interesting data communications company,” bit it has been brought down. “I don’t think that makes sense,” Cramer said. “I think you have a good one.” IES Holdings, on Aug.
10, agreed to acquire DBM Global from INNOVATE for cash and stock consideration valued at $650 million.
Price Action BillionToOne shares dipped 3.9% to settle at $96.22 on Wednesday.
Eton Pharmaceuticals shares fell 0.7% to close at $62.62 during the session.
Babcock & Wilcox fell 3.8% to settle at $7.53 on Wednesday.
Smithfield Foods shares slipped 0.9% to close at $22.06.
QXO shares gained 1.2% to settle at $14.02 on Wednesday.
IES shares climbed 5.8% to settle at $331.48 on Wednesday.
Read Also: Stock Market Today: S&P 500, Nasdaq 100 Futures Gain, While Dow Slips Following NVDA Blockbuster Q2 Report Photo via Shutterstock