Cramer's Lightning Round: Dominion Energy is "a little too risky"

Published Fri, Jun 16 20237:17 PM EDT

Key Points

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.

Dominion Energy's year-to-date stock performance.

Dominion Energy: "I have to tell you, I do think that Dominion Energy with a 5% yield is a little too risky for me. I do not get into utilities to reach for yield. I prefer American Electric Power or I prefer Duke."

UiPath's year-to-date stock performance.

UiPath: "I actually like that, they make automation software, and the stock is making a pivot to being profitable from being unprofitable. Once they make that pivot, you know I'm on board."

Rayonier's year-to-date stock performance.

Rayonier: "Yes. I like timber, and I like that 3.7% yield, I think they're onto something, the stock is down way too big, it's quality."

Radnet's year-to-date stock performance.

Radnet: "Everything you just told me about it tells me that I got to look at it. I remember it as a money-losing company, and I've not paid enough attention to it. But that's going to change starting on Tuesday."

Pioneer Natural Resources' year-to-date stock performance.

Pioneer Natural Resources: "Ok, PXD is mostly oil, not natural gas. It's one of the reasons why I like it very much for the [CNBC Charitable Trust]. It does have a nice yield, and it's got the highest and best, lowest cost, the highest quality oil in the Permian."