On CNBC’s “Mad Money Lightning Round,” Jim Cramer said he is not going to put his money on AstraZeneca PLC (NYSE:AZN) because it has been missing some of its trials.

As per recent news, AstraZeneca on Tuesday secured a key FDA approval for a new breast cancer treatment and reported strong Phase 3 trial data for its lung cancer and respiratory therapies.

Cramer said he has been against Joby Aviation, Inc. (NYSE:JOBY) as it has been losing money. “It’s an interesting spec, but I would not put my money in it,” he added.

On the earnings front, Joby Aviation posted mixed second-quarter results on Aug. 5 and raised its full-year guidance. Joby reported quarterly losses of 25 cents per share, missing the consensus estimate of 23 cents, according to Benzinga Pro data.

Trinity Industries, Inc. (NYSE:TRN) “shouldn’t be down this much,” Cramer said. “Now it’s at a good place. I would pull the trigger.”

Trinity Industries reported mixed financial results for the second quarter on July 30.

Cramer said that although Reliance, Inc. (NYSE:RS) is “terrific,” he prefers Nucor Corporation (NYSE:NUE).

Wells Fargo analyst Timna Tanners, on Aug. 24, maintained Reliance with an Equal-Weight rating and lowered the price target from $398 to $391.

Cramer said Simon Property Group, Inc. (NYSE:SPG) is “so great” while he also likes Federal Realty Investment Trust (NYSE:FRT). “Both of them are excellent,” he added.

Mizuho analyst Vikram Malhorta, on Aug. 27, maintained a Neutral rating on Simon Property Group and raised the price target from $211 to $226.

The Mad Money host said he has never liked Grab Holdings Limited (NASDAQ:GRAB).

On the earnings front, Grab Holdings reported better-than-expected second-quarter financial results on Aug. 4 and raised its FY26 sales guidance. Also, the company approved a $750 million buyback.

Price Action:

  • Joby Aviation shares gained 1.5% to settle at $6.84 on Tuesday.
  • Reliance shares fell 0.6% to close at $398.31 during the session.
  • Simon Property gained 1.2% to settle at $211.88 on Tuesday.
  • Grab shares fell 5% to close at $3.25.
  • Trinity Industries shares declined 1.1% to settle at $28.01.
  • AstraZeneca shares declined 1.6% to close at $160.04.

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