Jim Cramer Says Under Armour Is A 'Great Spec,' Recommends Buying This Big Bank Stock

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Arista Networks (NYSE:ANET). “That business is smoking hot,” he added.

On Dec. 17, Morgan Stanley analyst Meta Marshall maintained Arista Networks with an Overweight and raised the price target from $102.5 to $118.

Cramer said Under Armour, Inc. (NYSE:UA) is a “great spec.” However, he recommended being careful.

On Dec. 12, Under Armor reiterated its FY25 guidance.

When asked about Texas Pacific Land Corporation (NYSE:TPL), he said, “We have liked it, but it's now gone up so much. I've got to tell you, I want to hold off.”

On Nov. 6, Texas Pacific Land posted weaker-than-expected quarterly sales.

Cheniere Energy (NYSE:LNG) is a “terrific” stock, Cramer said. "I like the LNG market now that we have President-elect Trump coming in because he's pro LNG.”

On Oct. 31, Cheniere Energy reported better-than-expected third-quarter financial results and raised its FY24 adjusted EBITDA guidance. Cheniere Energy reported quarterly earnings of $3.93 per share which beat the analyst consensus estimate of $1.87 per share. The company reported quarterly sales of $3.763 billion which beat the analyst consensus estimate of $3.729 billion.

Wells Fargo (NYSE:WFC) is a buy, the “Mad Money” host said.

Wells Fargo Bank lowered its prime rate to 7.50% from 7.75%, effective Dec. 19, 2024.

“These are really good companies, you have to buy them when they're low,” Cramer said when asked about CSX Corporation (NASDAQ:CSX).

CSX will release fourth quarter financial and operating results after the closing bell on Thursday, Jan. 23, 2025.

“You want to hold on to Eaton Corporation plc (NYSE:ETN). You know, Eaton is a buy and hold story,” Cramer said. “Do not sell, own.”

On Dec. 9, Citigroup analyst Andrew Kaplowitz maintained Eaton with a Buy and raised the price target from $394 to $440.

Price Action:

• Cheniere Energy shares gained 1.4% to settle at $208.89 on Friday.
• Arista shares rose 3.4% to close at $112.81 during the session.
• Eaton shares rose 0.7% to settle at $338.12.
• Texas Pacific Land shares gained 3.4% to settle at $1,133.12 on Friday.
• Under Armour shares gained 2.9% to $7.78 on Friday.
• Wells Fargo shares gained 2.2% to settle at $70.34 on Friday.
• CSX shares gained 0.9% to close at $31.85.

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