On CNBC’s "Mad Money Lightning Round," Jim Cramer said Nextdoor Holdings, Inc. (NYSE:KIND) is a "great advertising vehicle, but it was a SPAC…and therefore, it’s no good. I mean, honest to God…That’s how the market looks at it."
However, he believes it’s good and recommended buying more right here.
When asked about Rattler Midstream LP (NASDAQ:RTLR), Cramer said, "That group is red hot" with the stock yielding at 8%. He recommended buying the stock.
The Mad Money host said he has stayed away from Rocket Companies, Inc. (NYSE:RKT) for a long time.
"I don’t want to own a mortgage company in a time when the Fed is raising rates," he added.
Price Action: Shares of Nextdoor dipped 9.8% to close at $4.98 on Thursday, while Rattler Midstream slipped 0.2% to settle at $12.49. Rocket Companies dropped 3% to settle at $11.83.
