Business

Cramer’s lightning round: I like Truist

PPG Industries Inc: “I feel PPG is down an excessive amount of. I feel it is okay, however … This can be a firm that has been actually harm by uncooked prices. That is going to finish finally. I feel in the event you can deal with disappointment at this level, I might purchase the inventory.”

AppFolio Inc: “You have acquired a software program portfolio that’s meant for housing. And I feel it is a lot wanted, and it jogs my memory very a lot of Anaplan, which acquired a bid as we speak from Thoma Bravo.”

Berkshire Hathaway Inc Class B: ” I feel [having it as more than a third of a portfolio is] quite a bit for anyone specific firm, however I do love the corporate a lot. Let’s minimize it to twenty% [of a portfolio], in order that we are able to sleep higher at night time.”

Star Bulk Carriers Corp: “I feel the dividend’s too excessive, however for what is going on on proper now in Ukraine, I feel it is really going to be good for the following yr.”

Vaalco Vitality Inc: “That is, sure. It can work. It can work as a result of [the price of] oil is so excessive, though I do not like their enterprise mannequin.”

Truist Monetary Corp: “I like Truist. … They’re in the fitting place the place wealth is, they are a very smart-run financial institution, I feel it is a good place to be.”

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