Mad Money Lightning Round: Cramer Gives His Opinion On VRTX, GMCR, SJM, CREE, STD, S, FAF, SPW

On CNBC's Mad Money Lightning Round, Jim Cramer recommended investors buy Vertex Pharmaceuticals Incorporated VRTX. He added that he always liked its business, and he was also an investor in VRTX at one point. Vertex (VRTX) jumped 2.99% on Friday. Cramer can't get behind Green Mountain Coffee Roasters Inc. GMCR right now. He needs to see a really great quarter before he makes a decision to buy it. Green Mountain Coffee Roasters Inc. (GMCR) fell 0.11% and closed at $27.30 on Friday. The J.M. Smucker Company SJM is a great company, thinks Cramer. He believes that a price target of $79 is realistic for this stock. The J.M. Smucker Company (SJM) gained 0.89% and closed at $62.10. Cramer likes Cree, Inc. CREE, and thinks that it is a terrific company. In his book, "Getting Back to Even" he recommends some options strategies. In this case he would buy the January 60 calls. CREE closed at $69.21 on Friday, with an increase in price of 0.41%. Banco Santander, S.A. (ADR) STD made a series of moves that are really incredible, said Cramer. Its recent acquisitions reduced its exposure to Spain. Spain had a successful bond offering last week, which is also a good sign for STD. Banco Santander (STD) has a high yield, and Cramer thinks that this stock is impressive. Banco Santander (STD) jumped 2.31% on Friday. Cramer really likes Sprint Nextel Corporation (S), and he recommends investors to buy this stock. Sprint Nextel Corporation (S) fell 1.08% on Friday. Cramer believes that this quarter won't be so good for First American Financial Corp FAF, but the next one will be great. He wants you to wait a quarter, and then buy FAF. First American Financial Corp (FAF) fell 0.07% on Friday. Jim Cramer wants you to stay with SPX Corporation SPW, because it will deal with European problems and it will have a decent quarter. SPX Corporation (SPW) added 0.17% on Friday.
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Posted In: CNBCLong IdeasJim CramerShort IdeasMediaTrading IdeasJim Cramer
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