Jim Cramer Recently Offered Insights on These 11 Stocks

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4. Lyft, Inc. (NASDAQ:LYFT)

Number of Hedge Fund Holders: 51

Lyft, Inc. (NASDAQ:LYFT) is one of the stocks Jim Cramer recently offered insights on. During the episode, Cramer discussed the stock’s rally, as he commented:

“So far this year, we’ve seen a spectacular more than 50% rally in Lyft, the number two ride-sharing platform that’s finally getting its due after years of sideways trading. I suspect it’s got more room to run.”

Lyft, Inc. (NASDAQ:LYFT) operates a platform that connects drivers and riders for on-demand transportation. During the May 23 episode, a caller inquired about the stock, as they showed intention of buying more. Cramer responded:

“Look, I like David Risher. The stock’s just had a nice pop. I would not come in on top of this pop, I would let it come down. I think it just had too big a move, and I don’t like parabolic moves, but you nailed a good one. And if you’re up big, how about this? How about a little schnitzel, take some off, and then play with the house’s money.”

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