Lightning Round: I need to see a pullback before reccomending Copart, says Jim Cramer

Financial Freedom
9 followers
Nov 24, 2024
Mad Money' host Jim Cramer weighs in on stock including: DHT Holdings, Diamondback Energies, AMC, Joby Aviation, and Copart.
If we take your calls rapid fire, say it in the stock, I say you to buy, buy, buy, sell,
sell, sell, or just put your card under the court, stock questions at a time, my staff
prefers to grab for something to buy, we play in the sound, and then the lightning round
is over.
Are you ready?
It's game time!
It's time for the lightning round.
I'm going to start with Jane in Texas.
Jane!
Hello there, Jim.
How are you this evening?
I am doing well, Jane.
How about you?
I'm doing really good.
All right.
I was wondering about the company DHT.
Well, you know what?
That would be what I would regard as being a hedge to the craziness that we're seeing
right now.
It's not like Bitcoin, which was a hedge, but now it's just pure speculation.
Yields 5.6%.
It is a very well-run company.
I am blessing it with a buy.
Let's go to John in Virginia.
John!
Hey, Jim.
Thanks for taking my call.
I'm a huge fan of yours.
Watch your show every night.
Oh, thank you, buddy.
You're welcome.
My question is, should I hold or sell FANG, Diamondback Energy?
How about buy FANG?
FANG is actually very, very good.
And if you like the oils, it's a little more aggressive than the one we own for the trust,
which is Cotera.
I think it's well, well, well, well-run, Travis Stice.
Good man.
Let's go to Zach in Florida.
Zach!
Hey, Jim.
How are you doing?
I'm doing well.
How about you?
I'm doing great, sir.
This stuff I'm about to ask you about is near all-time lows.
It has a few new revenue streams and has financed the debt to below what it was in 2019.
With Hollywood bombs dropping in the foreseeable future, what do you think about the largest
theater company in the world, AMC Theatres?
If it gets to six, I want you to sell it.
Period.
End of story.
Dheeraj in Pennsylvania.
Dheeraj.
Hi, Jim Kramer.
I'm a big fan.
I'm a transplant physician watching your show 15 years.
Oh, fantastic.
Consider you like a guru.
You are like a blessing to all of us.
Thank you, buddy.
Thank you.
I must thank you.
My son just turned one year, so I wanted to buy a stock for him.
I thought of a futuristic technology, EVOLT.
Let me tell you.
I actually am going to bless this.
Let me tell you why.
Because you, he's one, and you got all the years ahead of you.
If you were to tell me within the next five years how Joby's going to do, I am going to
be very uncertain.
I think if it can pay and continue to finance itself, then it will be able to make it out
of here because it does make sense in a Jetson sort of way.
So I'm going to bless it, but only for like a 20 or 30 year trade.
Let's go to Jim in New York.
Jim.
Good evening, Jim.
Thank you for taking my call.
First time caller.
Absolutely.
I'd like to get your outlook on a company that I don't think some of your viewing audience
has ever heard of, but it's been a good long-term play.
I've had it for over 14 years.
Made over 2,000 percent.
The 20-year return is over almost 4,000 percent, and it's split seven times since 99.
And it closed up today at over 10 percent.
I'm talking about Copart.
All right.
Copart, I first recommended it.
I first recommended it in 2000, in the year 2000 when I was at thestreet.com.
It is a remarkable company because it provides vehicle supplies, and it is just unbelievable
because they sell salvage vehicles, and that is what is needed.
Now, I will tell you this, because it just had a parabolic move from 50 to 62, I can't
recommend it.
I feel terrible with that, but I can't.
I need to see a pullback in Copart.
And that, ladies and gentlemen, is the conclusion of the Lightning Round.
Don't miss a second of Mad Money.
Follow at Jim Cramer on X.
Have a question?
Tweet Cramer.
Hashtag Mad Mentions.
Send Jim an email to madmoneyatcnbc.com or give us a call at 1-800-743-CNBC.
Miss something?
Head to madmoney.cnbc.com.
