Cramer Expects PNRA, AAPL To Rise; Likes CREE, WM, NTAP; Dislikes SNDK
Posted in: CNBC, Long Ideas, News, Jim Cramer, Short Ideas, Intraday Update, Markets, Media, Trading Ideas
On CNBC’s Mad Money, Jim Cramer said during the Lightning Round that among the tech stocks, he liked Cree (NASDAQ: CREE).
SanDisk (NASDAQ: SNDK) is “too hard,” he said, adding that the company “is hated now.”
Cramer called Waste Management (NYSE: WM) “a house of pleasure.”
“You cannot go wrong with that stock," he added.
Cramer expects Apple (NASDAQ: AAPL) to rise to $300, while mentioning that he is “probably too bearish on Apple.”
Panera Bread (NASDAQ: PNRA) may head towards $100. “That stock is a rocket ship," he added.
About Network Appliance (NASDAQ: NTAP), Cramer said, "This one's for real. Stick with it."
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