Cramer Gives His Opinion On Broadcom, Chipotle And More

Jim Cramer said on CNBC's "Mad Money Lightning Round" that Broadcom Inc AVGO got a lot of people spooked because it makes parts for Apple Inc AAPL and people are worried about Apple. He finds Broadcom too cheap to sell.

Cramer recognizes the need to play the uranium cycle and stocks like Uranium Energy Corp. UEC, but he advised a viewer to hop off a uranium cycle at a certain point.

He loves Kontoor Brands Inc KTB, Levi Strauss & Co. LEVI and Gap Inc GPS.

Canoo Inc GOEV is dead money, said Cramer.

Chipotle Mexican Grill, Inc. CMG is a buy and the company can pass on the increased wages costs, said Cramer.

DISCOVERY COMMUNICATIONS INC. DISCA is just okay and that is not enough for Cramer to buy it.

Cramer said to a viewer that he can stay long Energy Transfer LP Unit ET, but he prefers Kinder Morgan Inc KMI and Enterprise Products Partners L.P. EPD. The whole group is working, he added.

Ally Financial Inc ALLY is still the cheapest financial, said Cramer. He would not sell it.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Penny StocksSmall CapMediaCNBCJim Cramermad money Lightning Round
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!