During Tuesday's "Mad Money Lightning Round" on CNBC, Jim Cramer delivered his rapid-fire stock assessments, and his message on Lumen Technologies Inc. (LUMN) was clear: proceed with caution. The stock has "run too much," according to the host, suggesting investors might want to think twice before jumping in at these levels.
The telecommunications company recently made headlines by appointing Jim Fowler as chief technology and product officer on December 5, but that wasn't enough to change Cramer's cautious stance on the rallied stock.
Drone Dreams and Speculative Schemes
Cramer had even harsher words for Unusual Machines Inc. (UMAC), urging viewers to remain "very cautious" about the drone technology company. The problem? It's hemorrhaging cash. "Drone technology. Highly speculative," Cramer added, not mincing words about the risky nature of the investment.
Not everyone shares that pessimism. Jones Trading initiated coverage on Unusual Machines with a Buy rating on December 1, slapping a $20 price target on the stock. That's quite the vote of confidence for a company Cramer views as a money pit.
Taking Profits When You Can
When asked about TopBuild Corp. (BLD), Cramer's assessment was more nuanced. "It's insulation, that's a good market," he acknowledged. But even good companies can get ahead of themselves. "I still want to take a little off the table because it has had such a run," he advised, suggesting the stock's strong performance warrants some profit-taking.
Wall Street seems to disagree about whether the run is over. Jefferies analyst Philip Ng maintained a Buy rating on Monday and actually raised the price target from $518 to $536, signaling continued confidence in the insulation specialist.
Trust Issues and Wild Traders
Cramer made it clear he won't touch Horizon Technology Finance Corporation (HRZN), citing a fundamental lack of transparency. He has no idea what assets the company actually owns. "I will never recommend a stock where I do not know what's under the hood," he stated flatly.
That stance comes even as Horizon Technology Finance recently priced a $57.50 million offering of 7.00% notes due 2028 on December 11.
As for Cal-Maine Foods Inc. (CALM), Cramer dismissed it with characteristic brevity: "This one is a wild trader. It has never interested me." The egg producer is scheduled to report fiscal 2026 second-quarter results on Wednesday, January 7, 2026, but don't expect Cramer to be watching closely.
Price Action:
- Unusual Machines shares gained 2.3% to settle at $9.30 on Tuesday
- TopBuild shares closed at $428.59 on Tuesday
- Horizon Technology Finance shares rose 0.5% to close at $6.54
- Lumen shares rose 0.5% to settle at $8.10
- Cal-Maine shares fell 2.1% to close at $86.15
