Jim Cramer: 5.6% Dividend Yield, Bullish on Smithfield Foods

On CNBC's "Mad Money Lightning Round," Jim Cramer said packaged meat company Smithfield Foods is a "very cheap" stock.

Cramer said: "I bet you won't lose money at 8 times earnings. And you can also make some money with a 5.6% dividend yield."

Smithfield Foods reported a record second-quarter adjusted operating profit of $300 million on August 11, and a record first-half profit of $638 million, up 2% year over year.

Cramer also commented on the following stocks:

Babcock & Wilcox Enterprises, Inc. The energy equipment maker "lost a lot of money." On August 10, the company reported second-quarter revenue of $319.7 million, up 130%. Net income was $14.3 million.

BillionToOne, Inc. When asked about this molecular diagnostics company, Cramer said: "We conclude it's a pretty good company. I think you picked a good one." On the earnings side, BillionToOne reported mixed third-quarter results on August 5 and reaffirmed its fiscal 2026 sales guidance.

Eton Pharmaceuticals, Inc. Cramer said this is a "top-performing" biotech company. "I like taking profits from biotech winners and letting the rest run," he added. Eton Pharmaceuticals reported better-than-expected second-quarter results on August 13 and raised its fiscal 2026 revenue guidance.

QXO, Inc. Cramer recommended buying this stock, noting it "went from $14 to $24. That's why I think you should hold it." According to recent news, QXO appointed Ken West as president and chief operating officer on Monday.

IES Holdings, Inc. Cramer called it a "very interesting data communications company," but noted it "has been beaten down." "I don't think that's fair," he said. "I think you picked a good one." On August 10, IES Holdings agreed to acquire DBM Global from INNOVATE for $650 million in cash and stock.

Stock Price Moves

BillionToOne shares fell 3.9% on Wednesday, closing at $96.22.

Eton Pharmaceuticals shares fell 0.7% during the trading session, closing at $62.62.

Babcock & Wilcox fell 3.8% on Wednesday, closing at $7.53.

Smithfield Foods shares slipped 0.9%, closing at $22.06.

QXO shares rose 1.2% on Wednesday, closing at $14.02.

IES shares climbed 5.8% on Wednesday, closing at $331.48.