Skip to main content

Market Overview

Jim Cramer Likes BHP Group, Recommends Not Selling This Tech Stock

Share:
Jim Cramer Likes BHP Group, Recommends Not Selling This Tech Stock

On CNBC's “Mad Money Lightning Round,” Jim Cramer said he likes BHP Group Limited (NYSE:BHP). “I think you got a good situation going there,” he added.

As CEO Mike Henry‘s tenure approaches its expected conclusion, BHP Group reportedly prepares for a leadership transition. While no formal announcement has been made, company insiders suggested the board could initiate the succession process soon, with a potential handover in early 2026.

Cramer recommended not selling Arm Holdings plc (NASDAQ:ARM) here. “I want you to stay in it,” he added.

As per recent news, Cadence agreed to acquire Arm’s Artisan Foundation IP business on April 16.

Cramer said no to Strategy Incorporated (NASDAQ:MSTR), adding he likes Bitcoin (CRYPTO: BTC).

According to a recent SEC filing, Strategy acquired an additional 6,556 Bitcoin for approximately $555.8 million. The purchase was made between April 14 and April 20, at an average price of $84,785 per Bitcoin including fees.

Price Action:

  • Arm shares gained 1.2% to settle at $113.34 on Friday.
  • Strategy shares gained 5.2% to close at $368.71 during the session.
  • BHP shares fell 2.2% to settle at $48.21 on Friday.

Read Next:

Image: Shutterstock

 

Related Articles (ARM + $BTC)

View Comments and Join the Discussion!

Posted-In: CNBC mad money Lightning Round Jim CramerNews Markets Media Trading Ideas

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com