On CNBC’s “Mad Money Lightning Round,” Jim Cramer said that although he likes Truist Financial Corporation (NYSE:TFC), he prefers KeyCorp (NYSE:KEY) to Truist.

On the earnings front, Truist, on July 17, posted second-quarter earnings of $1.23 per diluted share, beating the analyst consensus of $1.08 per share. Revenue of $5.27 billion edged past the $5.24 billion consensus estimate.

When asked about Keel Infrastructure Corp. (NASDAQ:KEEL), he said, “This is the kind of thing I’m willing to bless. It’s a high-risk infrastructure company where I do feel that something good could happen.”

As per the recent news, Keel Infrastructure, on July 6, announced the appointment of Ganesh Aiyer as president.

“If you own Archer (NYSE:ACHR) at $5 and it goes to $4, it’s going to hurt. But I do think it’s like Keel. You can risk a little money. You’re allowed to have a speculative stock in your portfolio,” Cramer said.

Archer Aviation, on Monday, unveiled a jointly developed series hybrid-electric VTOL platform with Anduril built to serve both defense and commercial applications.

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) is tough and has been missing the quarter, Cramer said. “Look, it’s TJX (NYSE:TJX)— they own that segment. You don’t want to be in anything else, and even TJX is tough,”

Keybanc analyst Bradley B. Thomas, on July 16, maintained Ollie’s Bargain Outlet with an Overweight rating and lowered the price target from $140 to $98.

Price Action:

• Keel Infrastructure shares gained 7.1% to settle at $4.65 on Tuesday.
• Truist shares rose 0.8% to close at $51.38 during the session.
• Archer shares fell 0.6% to settle at $5.28 on Tuesday.
• Ollie’s Bargain shares declined 2.1% to close at $66.00.

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