Jim Cramer Calls Market Decline ‘Man-Made’ and Breaks Down 15 Stocks

3. Aurora Innovation Inc. (NASDAQ:AUR)

Number of Hedge Fund Holders: 27

During the Lightning Round, a caller asked Jim Cramer about Aurora Innovation Inc. (NASDAQ:AUR), but Cramer dismissed the stock outright, emphasizing the risks of investing in unprofitable names during a potential recession, saying the following:

“You know it’s not making money and if we have a recession all those companies don’t make money, they lose you money. So I’m not going to let you be in that one.”

Aurora Innovation Inc. (NASDAQ:AUR) focuses on autonomous driving technology and is developing a commercial-ready self-driving trucking platform called Aurora Driver, which is already being tested with partners like FedEx and Uber Freight. Here’s what Cramer said about the company back in January:

“We have companies that were small that are suddenly large, and what happened? Well, they got a call from Jensen Huang and they became partners. Aurora Innovation, self-driving technology. AUR, here’s a stock that’s up 36%, the other day it was Cerence, Cerence is another company that’s run by Brian Krzanich, who used to run Intel and CDK which has got technology for autos. And they’re the one, you’d speak to, I think some people think it’s better than Siri in a car. Well you know open my car door, turn my heater on. So anybody, we saw Micron this is back to that touched by an angel, and the angel is the man in the sparkling leather jacket.”