Jim Cramer Says He Will Pay No Amount For This Energy Stock, Calls Ferguson A 'Very, Very Good' Company -

　　On CNBC's “Mad Money Lightning Round,” Jim Cramersaid Ferguson plcFERG is a “very, very good” company. However, he recommends Trane Technologies plcTT or Carrier Global CorporationCARR ‘in case you want HVAC (heating, ventilating, and air conditioning).’

　　On June 4, Ferguson reported third-quarter net sales of $7.308 billion. Thats 2.4% higher year over year, driven by volume improvement despite continued deflation of approximately 2%.

　　KKR & Co. Inc. KKR is the “foremost, the other one that I would recommend is BlackstoneBX,” Cramer said.

　　On July 8, TD Cowen analyst Bill Katz maintained KKR with a Buy and lowered the price target from $157 to $145.

　　The “Mad Money” host said he will pay no amount for Petróleo Brasileiro S.A. – PetrobrasPBR.

　　On June 27, B of A Securities analyst Caio Ribeiro upgraded Petrobras Brasileiro from Neutral to Buy and raised the price target from $16.8 to $17.9.

　　Alliance Resource Partners, L.P.ARLP has had a very big run, he said. “I know the yield looks great — I think you're peaking on a coal cycle here, I'm not going to get in front of a peak of a coal cycle.”

　　On May 29, Alliance Resource Partners announced the pricing of $400 million private offering of senior notes.

　　Cramer recommended to hold Alibaba Group Holding LimitedBABA here.

　　Alibaba Group and SenseTime highlighted significant progress in artificial intelligence at the World Artificial Intelligence Conference (WAIC) in Shanghai, signaling intense competition in China's AI market.

　　Price Action:

• KKR shares fell 2% to settle at $105.07 on Monday.
• Ferguson shares fell 0.1% to close at $190.66 during Monday's session.
• Petroleo Brasileiro shares gained 2.7% to close at $15.13.
• Alliance Resource Partners shares fell 2.4% to close at $24.67 on Monday.
• Alibaba shares fell 1.4% to close at $73.50 on Monday.