Jim Cramer Says This EV Manufacturer Is 'Well-Run,' Recommends Selling iRobot

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he doesn’t like Dominion Energy, Inc. (NYSE: D). "I think that they made a lot of mistakes with their balance sheet," he noted.

On March 13, Barclays analyst Nicholas Campanella maintained Dominion Energy with an Overweight and raised the price target from $47 to $50.

During Tuesday's show, Cramer recommended selling iRobot (NASDAQ: IRBT).

On March 11, iRobot reported a preliminary first-quarter loss of $2.13 to $2.00 per share on revenue of $137 million to $142 million.

When asked about Plains All American Pipeline, L.P. (NASDAQ: PAA), he said, "I see you, and I raise you with Enterprise Products Partners (NYSE: EPD), which is a better company."

On March 19, Truist Securities analyst Neal Dingmann maintained Plains All American with a Buy and raised the price target from $21 to $23.

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Rivian Automotive, Inc. (NASDAQ: RIVN) is a "well-run" company, Cramer said. "I’d rather buy the car than the stock."

On March 18, Rivian said its vehicles are now compatible with the Tesla supercharger network.

The "Mad Money" host said he wants to pause on DraftKings Inc. (NASDAQ: DKNG). "I don’t want you to buy it up here. Let it come in," he added.

On March 18, DraftKings said Jason Park, DraftKings' Chief Financial Officer, will become the Company's Chief Transformation Officer, effective as of May 1, 2024.

Price Action:

• Shares of iRobot fell 4.1% to close at $8.83 on Tuesday.
• Dominion Energy closed at $48.51 on Tuesday.
• Rivian shares fell 1.2% to settle at $11.26.
• DraftKings shares gained 0.6% to settle at $43.78 on Tuesday.
• Plains All American Pipeline shares gained 0.6% to close at $17.17 on Tuesday.
• Shares of SoFi rose 0.7% to settle at $7.08.
• On Holding shares climbed 4.1% to close at $34.23 on Tuesday.

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