Benzinga | Jul 30, 2021 07:15AM EDT

Cramer Weighs In On Lear, Lucid Group And More

On CNBC's "Mad Money Lightning Round," Jim Cramer said Maxar Technologies Inc (NYSE:MAXR) is the right place to be. He likes the stock.

XL Fleet Corp (NYSE:XL) is a decent spec, said Cramer. He still believes in electric vehicles.

Cramer would be patient with ON Semiconductor Corp (NASDAQ:ON).

He is not against taking a spec on Lucid Group Inc (NASDAQ:LCID). The company has a terrific car, but its valuation is pretty high. It sounds like Tesla Inc (NASDAQ:TSLA), but the best way to speculate on Tesla is to own Tesla, explained Cramer.

Cramer loves Lear Corporation (NYSE:LEA) and Magna International Inc. (NYSE:MGA). He finds them boring, but good and he would own them.

Morgan Stanley came out and just absolutely crushed Applovin Corp (NASDAQ:APP), said Cramer. Right now the market hates specs, but when things change they are going to buy Applovin, he added.