Business

Cramer’s lightning round: Virgin Galactic is not an ‘investable frontier’

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Freeport-McMoRan Inc: “It’s still incredibly cheap … Copper hit an all-time high today and these guys have great assets. I think you’ve really got game with that one.”

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Progress Software Corp: “There’s so many data-based software companies now, I just can’t own it unless you think you can get a takeover.”

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Virgin Galactic Holdings Inc: “I agree that space is the final frontier, but I don’t think it’s an investable frontier.”

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Trex Company Inc: “They did not do what I wanted to see … I’d been expecting beat and raise, beat and raise, and the earnings per share for the actual quarter was terrible. So the answer is ‘no thank you.'”

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