Cramer’s Lightning Round: Rivian is ‘losing so much money’

• It’s that time again! “Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.

Rivian: “I like Rivian, but it is losing so much money that I think they have to do even more financing then they’ve done. We’re going to wait for the second financing before we pull the trigger on Rivian.”

Schlumberger: “SLB reported a remarkable quarter. I would buy some here and buy some a little bit lower.”

Aehr Test Systems: “It’s an expensive stock, and in this market, we have to be very, very careful because stocks are being divorce from fundamentals.”

Public Storage: “…I want you to wait until 200. That means your next buy will be more meaningful and not until then.”

Hawaiian Electric Industries: “It’s an interesting spec…It is a spec, but as long as you that it is nothing but a spec, then I think you’ll be fine. But if you think it’s some sort of investment, great piece of paper, I got bad news for you: it ain’t.

Trade Desk: “That’s Jeff Green, we think the world of Jeff Green…It is a terrific company, the stock is rich, this market doesn’t have a tolerance for that. I would buy some and then wait until it goes lower.”

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