On CNBC’s “Mad Money Lightning Round,” Jim Cramer said Applied Aerospace & Defense, Inc. (NYSE:AADX) is losing money.

Applied Aerospace & Defense, on Aug. 12, posted a loss of $1.04 per share for the second quarter, hurt by increased expenses.

Cramer said Teradyne, Inc. (NASDAQ:TER) is right here as it has cooled off. “It’s got a great business, unassailable business, not a monopoly, but close to it,” he noted.

Baird analyst Quinn Fredrickson downgraded Teradyne from Outperform to Neutral on Aug. 21 and maintained the price target at $420.

The Boeing Company (NYSE:BA) goes down when crude oil goes higher, Cramer said. “We need to be on the sidelines until it breaks $200, which it might because it is so despised,” he added.

Argus Research analyst Kristina Ruggeri upgraded Boeing from Hold to Buy on Aug. 11 and set a $265 price target.

On the earnings front, Boeing posted an adjusted loss of 76 cents per share for the second quarter on July 28, wider than the 30-cent loss estimate, while revenue rose 8% year over year to $24.56 billion, beating the $24.245 billion estimate.

Price Action

• Teradyne shares fell 1.5% to settle at $349.83 on Monday.
• Boeing shares declined 1% to close at $207.78 during the session.
• Applied Aerospace & Defense fell 0.8% to settle at $13.20 on Monday.

Photo via Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.