Jim Cramer gives rapid-fire calls on seven stocks and SpaceX

On CNBC’s Mad Money Lightning Round, host Jim Cramer recommended Reddit, advised selling half of a ServiceNow position and letting the rest run, and urged a long-term approach to SpaceX. He said investors should avoid First Solar and Super Micro Computer, described Grab Holdings as difficult to research, and said Sunbelt Rentals was too difficult unless it was United Rentals. ServiceNow shares later rose 3.37% to $130.04 in Wednesday after-hours trading after closing the regular session at $125.80, down 0.94%. The company’s expanded partnership with Tech Mahindra combines ServiceNow’s AI Platform with Tech Mahindra’s implementation expertise to help enterprises scale artificial-intelligence deployments beyond pilot stages. Analysts at B of A Securities, TD Cowen and Wells Fargo remained positive or raised ServiceNow price targets through August.

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