It’s that time again! Jim Cramer rang the lightning round bell, which means he gave his take on callers’ favorite stocks at rapid speed:
Groupon: “I think there’s real worth here. I still think the stock could get to $5. The business is better than people think.”
Exelixis: “Development-stage biotech company. You know from Alder Bio that I’m a little gun-shy. I think it’s moved too much.”
Carnival Corp.: “I do indeed [think you should buy shares in Carnival], because [CEO] Arnold Donald has made that into a technology company that also carries passengers on boats.”
Tableau Software: “Sheesh, you know, there was a research note that I read this morning that said that this thing is really on fire. We had them on, you know I like them very, very much. I think Tableau’s a buy.”
Lloyds Banking Group: “It’s a decent spec, but you know I’m a big believer and I tell club members of ActionAlertsPlus.com that if you really want European exposure, my favorite is the EZU. That’s the iShares MSCI Eurozone ETF.”
Newell Brands: “OK, Newell Brands, this is [CEO] Mike Polk. Very initially, it was not a good merger in terms of just so much craziness that they had to do to get together – this is Jarden and Newell. I think he’s done that. The last quarter was good. I think that’s a harbinger of more quarters to come and was not one-off. I always welcome Mike when he reports.”
MGM Resorts: “OK, there was a note this morning about junketeers out of China and maybe they’re going to crimp on them. I’ve read these notes over and over and over again. I remain committed to MGM. I think it’s a good story.”
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Source: Tech CNBC
Cramer's lightning round: This business is better than people think