Mad Money Lightning Round: Cramer Is Not A Buyer Of Visa (V) (FDX, UPS, ENR, WIN, CTL, FTR, CIM, ISRG, HPQ, V)
Jim Cramer said on CNBC's Mad Money Lightning Round that FedEx Corporation (NYSE: FDX) and United Parcel Service, Inc. (NYSE: UPS) should be bought, because a recent sell off in these names was an overreaction. FedEx (FDX) fell 0.53%, and UPS dropped 0.06% on Friday.
Cramer likes Windstream Corporation (NASDAQ: WIN), and thinks that it has a nice dividend yield. He is also a buyer of CenturyLink, Inc. (NYSE: CTL), and he believes that Frontier Communications Corp (NYSE: FTR) should be sold.
Intuitive Surgical, Inc. (NASDAQ: ISRG) is a buy thinks Cramer. He explained that technical analysts see some weakness in the chart of this stock, but Cramer thinks that you should buy it on the weakness. Intuitive Surgical, Inc. (ISRG) gained 1.20% on Friday.
Hewlett-Packard Company (NYSE: HPQ) should not be bought, thinks Cramer. He has a rule that says if a company changes a CEO, you should not buy the shares of that company in the first year. Hewlett-Packard Company (HPQ) dropped 3.00% on Friday.
The government doesn't like how much money Visa Inc. (NYSE: V) makes, thinks Cramer, and he doesn't want to fight the government. He could consider buying call options in this name, because Visa (V) is a good company. Cramer concluded that you should not buy Visa (V), because government is too powerful.
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