Cramer Says He's 'Not Going To Really Want To Do A Lot Of China Right Now'

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying RELX PLC (NYSE:RELX).

Supporting his view, Barclays analyst Julien Roch, on March 14, upgraded RELX from Equal-Weight to Overweight.

 “I personally would not own Altria (NYSE:MO),” Cramer said.

On the earnings front, the company reported a first-quarter FY25 sales decline of 5.7% year-on-year to $5.26 billion on April 29, beating the analyst consensus estimate of $4.62 billion. Adjusted EPS of $1.23 beat the consensus estimate of $1.18.

Cramer said he would not recommend Lincoln National Corporation (NYSE:LNC) and recommended going with Chubb Limited (NYSE:CB).

As per recent news, Lincoln Financial and Bain Capital announced on June 5 the closing of an equity capital raise and the launch of a long-term strategic partnership.

When asked about EHang Holdings Limited (NASDAQ:EH), he said, “I'm not going to really want to do a lot of China right now.”

On the earnings front, EHang Holdings posted an adjusted loss of 6 cents per share on May 26, compared to a loss of 2 cents per share the previous year.

Price Action:

• RELX shares fell 1% to settle at $53.80 on Thursday.
• Altria gained 0.1% to settle at $59.39 on Thursday.
• Lincoln National shares rose 0.4% to close at $32.81.
• EHang shares fell 1.6% to settle at $16.05 during the session.

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