On CNBC's “Mad Money Lightning Round,” Jim Cramer said he likes Leidos Holdings, Inc. ( LDOS ) . “I am worried that the defense budget may be cut, but this is homeland security. I think it’s a good opportunity, the stock’s come down a great deal. Let’s pull the trigger,” he added.
As per the recent news, Leidos ( LDOS ), on Wednesday, announced that it has acquired Kudu Dynamics.
Cramer recommended buying Interactive Brokers ( IBKR ) .
Supporting his view, Goldman Sachs analyst James Yaro, on May 15, maintained Interactive Brokers Group ( IBKR ) with a Buy and raised the price target from $212 to $240.
“Why don't we just buy GE Vernova ( GEV ) ,” Cramer said when asked about NuScale Power Corporation ( SMR ) . “NuScale's been straight up and so has GE Vernova ( GEV ), but GE Vernova's ( GEV ) got a book of business. That's what I like.”
On the earnings front, NuScale Power ( SMR ), on May 12, reported quarterly losses of 11 cents per share which missed the analyst consensus estimate of losses of 9 cents per share. The company reported quarterly sales of $13.38 million which beat the analyst consensus estimate of $4.26 million.
Price Action:
Leidos ( LDOS ) shares fell 2.1% to settle at $149.36 on Wednesday.
Interactive Brokers ( IBKR ) shares fell 0.8% to close at $210.81 during the session.
NuScale Power ( SMR ) shares fell 0.4% to settle at $35.37 on Wednesday.
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