Cramer Still A 'Big Believer In Robinhood,' Won't Back Down

On CNBC's “Mad Money Lightning Round,” Jim Cramer said Westinghouse Air Brake Technologies Corporation (NYSE:WAB) is a “really good” company and “won't quit.”

Supporting his view, B of A Securities analyst Ken Hoexter maintained a Buy rating for Westinghouse Air Brake on Tuesday and raised the price target from $231 to $236.

Cramer said he’s “been a big believer in Robinhood Markets, Inc. (NASDAQ:HOOD) for a long time” and is not changing his view.

Lending support to his choice, Goldman Sachs analyst Will Nance maintained a Buy rating for Robinhood Markets on Monday, increasing the price target from $91 to $104.

Cramer recommended to own Bitcoin (CRYPTO: BTC), when asked about Riot Platforms, Inc. (NASDAQ:RIOT).

Needham analyst John Todaro, meanwhile, on June 17, maintained a Buy rating for Riot Platforms and raised the price target from $12 to $15.

The Mad Money host said he can't recommend DigitalBridge Group, Inc. (NYSE:DBRG). “It's just expensive, ok. And I don't want you in it,” he added.

On the earnings front, DigitalBridge reported mixed results for the first quarter on May 1.

When asked about Schlumberger Limited (NYSE:SLB), he said, “Keep watching, no pull trigger. Why? Because I do not like the oil stocks.”

Susquehanna analyst Bascome Majors, on July 1, maintained a Positive rating for Schlumberger and lowered the price target from $46 to $44.

Price Action:

• Wabtec shares fell 0.6% to settle at $211.78 on Tuesday.
• Robinhood shares fell 2.3% to close at $91.27.
• Riot Platforms shares gained 0.2% to settle at $11.57 on Tuesday.
• DigitalBridge shares rose 0.5% to close at $10.41.
• Schlumberger shares gained 4.6% to settle at $36.54 on Tuesday.

Read Next:

• Top 2 Industrials Stocks You May Want To Dump This Quarter

Photo: Shutterstock