Jim Cramer used his Lightning Round segment on CNBC’s Mad Money to deliver a series of pointed calls across several high-profile stocks.
The veteran market commentator endorsed Lyft (NASDAQ: LYFT) near current levels, citing the company’s leadership and strong free cash flow generation as reasons to buy.
“I think David Risher’s doing a good job. It’s been trading back and forth and back and forth. The $15 is a good level to start. I agree with you,” Cramer said during the segment.
Lyft shares last traded at $15.43, sitting squarely within the range Cramer identified as an entry point for investors looking to build a position.
The rideshare company reported Q1 2026 gross bookings of $4.95 billion, up 19% year over year, with 28.3 million active riders and adjusted EBITDA of $132.80 million, up 25% from the prior year.
CEO David Risher stated, “Our customer-obsessed comeback continues… Lyft is performing while transforming,” as the company also repurchased $300 million in stock during the quarter.
Cramer was far less generous toward AST SpaceMobile (NASDAQ: ASTS), warning investors the stock could fall significantly further before presenting a real buying opportunity.
“Look, you gotta be worried. The company’s losing a fortune… that kind of stock is now out of favor. I think at $40, you can wait till it gets to $40 before you have to pull the trigger. I am not kidding,” Cramer said bluntly.
ASTS shares last traded at $57.17, meaning Cramer’s suggested entry point implies roughly a 30% additional decline from recent levels.
The company’s Q1 2026 results underscored his concerns, with revenue of $14.7 million falling well short of the $36.6 million analyst estimate, while the GAAP net loss totaled $191 million for the quarter.
On First Solar (NASDAQ: FSLR), Cramer acknowledged the stock’s low valuation but said he could not look past its deeply damaged technical picture heading into the summer.
“Man, that thing has just been crushed. You’re buying it at a very inexpensive price. But… I hate to default to being a technician. It has one of the worst charts I’ve ever seen,” he said, also noting the company faces an active lawsuit.
First Solar shares are down 21.41% year to date and off 20.33% over the past month, closing recently at $206.54, despite posting Q1 2026 EPS of $3.22 that beat consensus estimates by more than 8%.
Cramer also took aim at the broader fintech sector, using Fiserv (NYSE: FI) as a jumping-off point to call for sweeping industry consolidation across the space.
“I think that they have to merge with someone… I’m calling for, like as I did this weekend in a piece I wrote for the club, massive consolidation in the fintech area. We have way too many companies in that area,” he said.
Fiserv shares trade near $51.68, down 68.82% over the past year, with Q1 2026 organic revenue declining 4% despite adjusted EPS of $1.79.
On the shipping side, Cramer acknowledged value in names like ZIM Integrated Shipping Services (NYSE: ZIM), which is being acquired by Hapag-Lloyd at $35.00 per share in cash, with the deal expected to close in Q4 2026.
ZIM shares currently trade at $24.36, leaving a notable gap between the current price and the acquisition price that has drawn attention from merger arbitrage-focused investors.
