Mad Money Lightning Round: Cramer Likes Solar Capital (SLRC, CME, SLM, C, DELL, AAPL)

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Solar Capital SLRC is a “bank of many resorts. It's got a good yield and it seems to be working for them. I'll endorse it." For Chicago Mercantile Exchange CME, Jim said, "I think that the world of exchanges is very competitive, but CME is king. I'd use deep-in-the- money call options though; you need some downside protection." Cramer said that Sallie Mae SLM could reach $20 a share. He added, “Take out your capital and play with the house's money. Let's not be greedy. Let's take profits." For Citigroup C, he said, "I'm not a fan of the banks. I don't like the banks. I don't think you're going to get any performance out of it. I think it's dead in the water." He said that Dell DELL “delivered tonight. I'm thrilled for them. But Apple AAPL is even better." Read more on Jim's Views On Benzinga
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CNBCJim CramerPre-Market OutlookMarketsMediaTrading IdeasComputer HardwareConsumer FinanceFinancialsInformation TechnologyJim Cramermad money Lightning RoundOther Diversified Financial ServicesSpecialized Finance
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!