Lithium Americas Corp. (NYSE:LAC) is one of the stocks that Jim Cramer shared takes on, along with navigating market shortages. Toward the end of the lightning round, a caller inquired about the stock. In response, Cramer said:
No, we’re not lithium people. We’re not. Well, in some ways, but no, we’re not going to be… Hey, I play with an open hand, but this kind of lithium, no, we’re going to say it’s too speculative for me.
Stock market reports printed on a sheet of paper. Photo by RDNE Stock Project on Pexels
Lithium Americas Corp. (NYSE:LAC) operates lithium deposits and processing facilities, with its main project at Thacker Pass. A caller sought Cramer’s advice on the stock during the January 9 episode, and he replied:
No, no, no… Wrong one. You want Albemarle. Even though it’s up a lot, it’s a much safer stock. The symbol is ALB. Let’s go for that one.
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Disclosure: None. This article is originally published at Insider Monkey.
