On CNBC’s “Mad Money Lightning Round,” Jim Cramer said AST SpaceMobile (NASDAQ:ASTS) is “losing a fortune.”

AST SpaceMobile, known for building a space-based cellular broadband network, recently priced its $1 billion proposed public offering of convertible senior notes.

Fiserv, Inc. (NASDAQ:FISV), meanwhile, has to merge with another company, Cramer said. The company provides payment processing and digital banking, and there are far too many companies in that sector, he added.

Fiserv said it will announce its second quarter financial results before the opening bell on Thursday, Aug. 6.

Cramer said Lyft (NASDAQ:LYFT) CEO David Risher is doing a good job. “It’s been trading back and forth and back and forth, but $15 is a good level to start,” he added.

On the earnings front, Lyft said it will release financial results for the second quarter after the close of the market on Thursday, Aug. 6.

When asked about CleanSpark (NASDAQ:CLSK), Cramer recommended buying Bitcoin (CRYPTO: BTC), calling it “a lot easier.”

CleanSpark, on July 14, announced it entered into a $6.6 billion, 20-year lease with a global technology company.

“That thing has just been crushed,” Cramer said when asked about First Solar (NASDAQ:FSLR) “It has one of the worst charts I’ve ever seen.”

First Solar said it will report financial results for the second quarter after the market closes on Thursday, July 30.

The Cheesecake Factory Incorporated (NASDAQ:CAKE) has a “fantastic menu that has a lot of stuff for everybody,” Cramer said. “52-week high, big menu, lots of stuff for people who don’t want to put on a lot of weight. It’s a mistake that people make avoiding that one.”

Lending support to his choice, Citigroup analyst Jon Tower, on July 10, maintained Cheesecake Factory with a Buy and raised the price target from $76 to $90.

Price Action

  • Fiserv shares gained 2.1% to settle at $51.68 on Monday.
  • Lyft shares fell 0.6% to close at $15.43 during the session.
  • CleanSpark shares jumped 10.7% to settle at $14.42 on Monday.
  • First Solar shares declined 3.2% to close at $205.31.
  • Cheesecake Factory shares gained 0.4% to settle at $86.11 on Monday.
  • AST SpaceMobile shares fell 0.7% to settle at $57.42 on Monday.

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