Jim Cramer Urges Caution On China Investments: Only Recommends Alibaba; 'I'm Not That Keen On Owning Chinese Stocks'

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes Public Storage PSA. He recommended buying the stock.

RingCentral, Inc. RNG is "too crowded, too commoditized," Cramer said. "I’m going to have to say no."

Cramer said he doesn’t know about Primoris Services Corporation PRIM and needs to do work on it.

When asked about NetEase, Inc. NTES, he said, "The only Chinese stock I recommend on this show is Alibaba Group Holding Limited BABA, and I’m not that keen on owning Chinese stocks."

The "Mad Money" host said The Scotts Miracle-Gro Company SMG is just "too dicey a stock for me, and 5% yield is not enough to entice me."

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Cramer said he loves Wingstop Inc. WING and recommended buying the stock.

When asked about Autodesk, Inc. ADSK, Cramer said, "I have left out Autodesk, and that’s a mistake."

Price Action: Shares of Autodesk gained 1.6% to close at $208.06, while Wingstop fell 0.5% to $162.26 on Thursday. Scotts Miracle-Gro shares rose 1.1% to settle at $52.77, while Alibaba added 4.6% to close at $99.21 during Thursday’s session. NetEase shares fell 0.1% to $107.25, while Primoris Services rose 2.7% to $34.07 on Thursday. RingCentral shares rose 4.5% to settle at $31.04, while Public Storage slipped 0.6% to $284.70 on Thursday.

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