Jim Cramer: 'Avoid Middle Market Plays' Like Golub Capital, Buy Mueller Industries — 'It Is Fantastic'

Author: Avi Kapoor | August 14, 2024 10:12am

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Mueller Industries (NYSE:MLI). “It is a fantastic company, never gets it's due,” he added.

Cramer said he likes GoDaddy Inc. (NYSE:GDDY).

When asked about BorgWarner Inc. (NYSE:BWA), he said, “Look, auto business is bad, ok. They need a Fed rate cut and then it will go up, but not until then, I am sorry.”

The “Mad Money” host recommended buying Lockheed Martin Corporation (NYSE:LMT). “I think you got a winner there,” he added.

Cramer said Dell Technologies Inc. (NYSE:DELL) is a buy. “Down here, it is too low,” he added.

Something is “wrong here” with Qualys (NASDAQ:QLYS), he said.

“I don't really know what they own. It's one of those middle market plays that I get asked a lot about,” Cramer said about Golub Capital BDC, Inc. (NASDAQ:GBDC). “I've told people to avoid them for as long as this show's been on, and I've been very right, so I'm not going to deviate.”

Jim Cramer said he is a buyer of H&E Equipment Services, Inc. (NASDAQ:HEES).

Price Action:

• Mueller Industries shares gained 1.1% to settle at $67.72 on Tuesday.
• GoDaddy shares rose 1% to close at $159.99.
• Borgwarner shares gained 2.2% to settle at $31.87 on Tuesday.
• Lockheed Martin shares rose 0.5% to close at $559.42.
• Dell shares gained 4.9% to close at $99.94 on Tuesday.
• Qualys shares gained 2.3% to settle at $125.00 on Tuesday.
• H&E Equipment shares rose 1.3% to close at $44.85 on Tuesday.
• Golub Capital shares gained 0.6% to close at $14.45.

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Posted In: BWA DELL GBDC GDDY HEES LMT MLI QLYS