Mad Money Lightning Round OT (BRCM, MGA, JCI, DXCM, ABT)

Jim Cramer said on CNBC's Mad Money Lightning Round OT that wireless business is on fire, and Broadcom Corporation BRCM is a buy. Broadcom Corporation (BRCM) fell 0.65% today, and closed at $36.92. Magna International Inc. (USA) MGA is one of the biggest survivors, said Cramer. Although he thinks a world of this company, he wants to sell Magna International (MGA) and buy Johnson Controls, Inc. (JCI). Magna International (MGA) gained 1.33% on Tuesday, and Johnson Controls (JCI) added 1.54%. DexCom, Inc. DXCM could be a good speculative play, but Cramer prefers high quality names in the space. He recommends Abbott Laboratories ABT instead. Abbott Laboratories (ABT) added 0.13% today, while DexCom (DXCM) gained 1.46%.
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Posted In: CNBCLong IdeasJim CramerShort IdeasMediaTrading IdeasAuto Parts & EquipmentConsumer DiscretionaryHealth CareHealth Care EquipmentInformation TechnologyJim CramerMad Money Lightning Round OTPharmaceuticalsSemiconductors
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