Jim Cramer Says TKO is a "Very Good Company"

TKO Group Holdings, Inc. (NYSE:TKO) is one of the stocks Jim Cramer recently provided insights on. A caller asked if the stock is an own-it or a trade-it stock, and Cramer replied:

“No, no, you can own that stock. That’s a very, very good company. I would’ve thought they’d gimme a couple of hundred thousand shares because I work with them, but I haven’t seen it yet. I gotta check my, maybe it’s in the snail mail, you know, but anyway, you got a good one there.”

TKO Group Holdings, Inc. (NYSE:TKO) is a sports and entertainment company that owns and manages major sports IP, produces live and digital content, and operates the UFC streaming service. A caller inquired about the stock during the September 22 episode, and Cramer responded:

“Okay, that stock is a momentum stock, and I am saying that momentum’s got two more days of downside, and it worries me. I’m not going to jump on the TKO bandwagon if we have two more days of momentum pain, I’m talking about [the house of pain], and I’m not a player.”

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Disclosure: None. This article is originally published at Insider Monkey.