"Mad Money Lightning Round:" Jim Says BMY Better Than PFE At The Moment

In his "Mad Money Lightning Round" on Monday, Jim Cramer said that Palm PALM is no longer a trade as it is going to be acquired soon. He mentioned that traders should now be focused on Apple AAPL. Shares of AAPL lost 0.71% in pre-market trading. Although Best Buy BBY hiked its dividend last week, Jim thinks the market is extremely competitive. He warned traders to stay away from the stock as he cannot “see a bottom in this company.” BBY is down 0.96% in pre-market. Jim likes the RedBox business of Coinstar CSTR. Although he finds Netflix NFLX more attractive, he believes “there's room for both." While CSTR fell 0.57%, NFLX lost 0.22% in after hours. When asked about NICE-Systems NICE, Jim said that while the company is good, it is “been hammered.” He advised traders to stock with the stock as the company’s earnings momentum is impressive. NICE fell 2.01% in yesterday’s trading. On Pfizer PFE, Jim said that although the stock offers five-percent yield, there is a lack of earnings momentum. He mentioned that he would sell PFE and buy Bristol-Myers Squibb BMY instead. While PFE fell 1.86% in pre-market trading, BMY added 0.39% in after hours. Read more on Jim Cramer.