On CNBC’s “Mad Money Lightning Round,” Jim Cramer recommended buying Howmet Aerospace Inc. (NYSE:HWM), adding that it is one of his “absolute favorite aerospace plays.”
Supporting his view, RBC Capital analyst Ken Herbert, on Monday, maintained Howmet Aerospace with an Outperform rating and raised the price target from $300 to $325.
Farmers National Banc Corp. (NASDAQ:FMNB) is a regional bank that is doing “incredibly well,” Cramer said. “You have to wait until it cools down to buy it. But if you do own it, please do not sell it.”
On the earnings front, Farmers National Banc Corp, on July 22, reported second-quarter net income of $23.0 million, or 39 cents per diluted share, up from $13.9 million, or 37 cents per diluted share, in the year-ago period.
Cramer said Bending Spoons S.p.A. (NASDAQ:BSP) is a “really good” software company.
AMC Entertainment Holdings, Inc. (NYSE:AMC) is just a spec and is not his thing, Cramer said. “But if you want to spec, I say AMC is fine.”
On the earnings front, AMC Entertainment, on July 20, reported better-than-expected second-quarter financial results.
Cramer said it’s the right level to buy Coherent Corp. (NYSE:COHR).
Coherent will release its financial results for the fourth quarter on Wednesday, Aug. 12, after the closing bell.
The Mad Money host said he doesn’t know Establishment Labs Holdings Inc. (NASDAQ:ESTA).
Mizuho analyst Anthony Petrone, on July 15, maintained Establishment Labs with an Outperform rating and raised the price target from $100 to $105.
Price Action:
- Howmet Aerospace shares gained 1.7% to settle at $277.28 on Thursday.
- Farmers National Banc Corp shares fell 0.4% to close at $15.89 during the session.
- Bending Spoons shares gained 6.2% to settle at $34.74 on Thursday.
- AMC shares rose 0.7% to close at $2.77.
- Coherent shares jumped 12.2% to settle at $249.06 on Thursday.
- Establishment Labs shares rose 1.7% to close at $93.48.
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