Author: Vitaliy Dadalyan

Cramer Shares His Thoughts On Boeing, General Electric And More

On CNBC's "Mad Money Lightning Round," Jim Cramer said to a viewer he is right to buy Boeing Co (NYSE: BA). He likes it because American Airlines Group Inc (NASDAQ: AAL) got some money from the government, airlines are able to test people before they get on a plane and masks work in planes.It's not General Electric Company's (NYSE: GE) year, said Cramer. It has a very good turnaround plan, but it's not ready yet, he added. This time next year, it's going to be a much better stock, but a lot of people aren't that patient.Cramer feels like he had his call with Rocket Companies Inc (NYSE: RKT) and he is now ready to move on. He explained that there are a lot of people with short positions because they don't like the ownership structure.RedHill Biopharma Ltd (NASDAQ: RDHL) is a smart Israeli company, but Cramer would rather own Royalty...

A 28-Year Old Billionaire Wins the SPAC Lottery

(Bloomberg Opinion) -- After the troubles at Nikola Corp. you’d think stock market investors would have had their fill of startups that promise to revolutionize the trucking world.Yet this week another Texas-based truck electrification business, whose founder is even younger than Nikola’s, is poised to go public. And once again a special-purpose acquisition vehicle (or SPAC) is in the driving seat and making piles of money.Hyliion Inc.’s 28-year-old chief executive officer, Thomas Healy, will become a paper billionaire — a fact that’s sure to capture plenty of attention — as long as the shareholders of cash shell Tortoise Acquisition Corp. vote on Monday in favor of a merger with his company.A Carnegie Mellon mechanical engineering graduate, Healy doesn’t spend a lot of time on Twitter and seems more modest than Nikola’s boastful chairman Trevor Milton, who resigned last week after a scathing short-seller report raised awkward questions about his company.Unlike Milton, Healy isn’t trying...