On CNBC’s “Mad Money Lightning Round,” Jim Cramer said he is not a big fan of Rocket Lab Corporation (NASDAQ:RKLB) and likes HawkEye 360, Inc. (NYSE:HAWK), adding that the former is “too speculative.”

According to recent news, the company was selected on Tuesday for a $12 million contract to support the U.S. Space Force’s space data network consortium.

Jim Cramer said he likes Canadian Natural Resources Limited (NYSE:CNQ), adding that it’s “one of the better” oil and gas companies.

Lending support to his choice, Canadian Natural Resources, on Aug. 6, reported second-quarter earnings of $1.58 per share. It beat the analyst consensus estimate of $1.40 per share. The company reported quarterly sales of $10.648 billion, which beat the analyst consensus estimate of $9.320 billion.

Palantir Technologies Inc. (NASDAQ:PLTR) reported an “amazing” quarter and it is a “great spec,” Cramer said.

“I stuck with it, and I’m not leaving it,” he added. “I think it’s real good.”

Palantir reported upbeat second-quarter financial results on Aug. 3 and raised its FY26 sales guidance above estimates. Palantir reported second-quarter revenue of $1.94 billion, beating analyst estimates of $1.80 billion. The AI software company reported adjusted earnings of 41 cents per share for the quarter, beating estimates of 35 cents per share, according to Benzinga Pro.

Cramer said International Business Machines Corporation (NYSE:IBM) is “very tough. I think it’s doing better than people think. It’s all the way down, but I have to tell you, I know that people hate this, even though I don’t think they should, and I have to keep that in mind.”

IBM, on July 22, reported better-than-expected second-quarter financial results.

The Williams Companies, Inc. (NYSE:WMB) is “terrific,” Cramer said.

Supporting his view, Morgan Stanley analyst Robert Kad maintained Williams Companies with an Overweight rating on Aug. 18 and raised the price target from $99 to $103.

Price Action

  • Rocket Lab shares fell 5.9% to settle at $68.28 on Monday.
  • Canadian Natural Resources shares declined 1.4% to close at $50.68 during the session.
  • Palantir dipped 2.3% to settle at $175.89 on Monday.
  • Williams Companies shares gained 0.7% to close at $70.97.
  • IBM shares fell 2% to settle at $231.04 on Monday.

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