On CNBC's "Mad Money Lightning Round," Jim Cramer said that Tandem Diabetes Care Inc (NASDAQ: TNDM) is heavily shorted. He finds that wrong, because the company had a great quarter. His favorite stock in the space is DexCom, Inc. (NASDAQ: DXCM).
The tankers are traders and they don't necessarily offer a lot of value, said Cramer. He would be careful with Scorpio Tankers Inc. (NYSE: STNG).
Cramer is not a buyer of LPL Financial Holdings Inc (NASDAQ: LPLA). He is not recommending any financial stocks at the moment.
Carvana Co (NYSE: CVNA) has a very interesting business model, but it has to start to make money, said Cramer.
JPMorgan Chase & Co. (NYSE: JPM) is an out-of-favor stock now, but it will be back in favor after the pandemic ends, said Cramer.
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