Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. AT & T : Shares rose more than 2% after Barclays upgraded the telecommunications company to a buy-equivalent rating. “Your own risk. AT & T, Verizon – it’s very competitive. It’s your own risk. I don’t want to be there,” Jim Cramer said. Paramount Globa l: Shares rose about 5% on Monday. The media company is set to report earnings after the close amid reported merger talks with Skydance Media. “This is just the most speculative situation in the world, and if the deal doesn’t get together you’re going to see a $6 stock,” Cramer said. Domino’s Pizza : The pizza chain reported better-than-expected quarterly results, which included same-store sales rising 5.6%. CEO Russell Weiner is delivering, Cramer said. “They’ve got a bunch of new features, loyalty program. Very smart.” SoFi Technologies : Shares fell about 10% despite a better-than-expected first-quarter report. Its current-quarter outlook disappointed. “Q2 guide was a little light,” Cramer said, noting he still sees uncertainty around the fate of student-loan forgiveness initiatives. Lululemon : Barclays downgraded the stock to a hold-equivalent rating from overweight. Shares were slightly lower Monday. “Not the first downgrade. This is a sense that athleisure has gone away as the theme,” Cramer said. :I think [Lululemon] is a very high-quality company. There’s a moment you want to get in [the stock]. It could be around here.”
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Jim Cramer shares his thoughts on AT&T, Paramount Global, Domino’s Pizza, SoFi and Lululemon
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