On CNBC's "Mad Money Lightning Round", Jim Cramer said he wouldn't buy Lendingtree Inc TREE. He explained that the stock was red hot, but then it got hit by higher mortgage rates.
Cramer is a seller of Philip Morris International Inc. PM because he's worried about alternative cigarettes.
Ever since Opko Health Inc. OPK bought Bio-Reference Lab, the stock has been a dog, said Cramer. He invited the CEO to come on the show and explain why he should buy the stock.
Cramer doesn't like United States Steel Corporation X and he wouldn't buy it. Instead, he would own Nucor Corporation NUE. He added that the steel stocks are going to trade lower due to a belief of slowing economy.
Trade Desk Inc TTD is going to have a couple of good quarters ahead, said Cramer. He would buy the stock.
Cramer is a buyer of EPR Properties EPR.
The pipelines are going to make a major comeback, said Cramer. He would buy Enbridge Energy Partners, L.P. EEP.
Cramer would sell Nokia Oyj (ADR) NOK. He thinks people are attracted to the stock because it trades at only $5.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.