"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.
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