Market Overview

Mad Money Lightning Round: Cramer Likes Salesforce.com (SNV, HBAN, FHN, CRM, REN, UPL, SVM, SLV)

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Synovus Financial (NYSE: SNV) is “too speculative for me. I would rather see you in Huntington Bancshares (NASDAQ: HBAN). They are getting rid of bad loans faster than anyone. I also like First Horizon National (NYSE: FHN)."

For Salesforce.com (NYSE: CRM), he said, "Everyone is worried about the quarter, but I think it's a good situation. I'm not backing away."

For Resolute Energy (NYSE: REN), Jim mentioned, "I think this is a good situation. I like Ultra Petroleum (NYSE: UPL) here since they're a more seasoned driller. Oil is the way to go. It is near its high though."

For Silvercorp Metals (NYSE: SVM), he said, "I like silver but I've only be recommending the iShares Silver Trust (NYSE: SLV). Mining is a difficult business."

Read more on Jim's Views On Benzinga

Posted-In: Jim CramerCNBC Jim Cramer Pre-Market Outlook Intraday Update Markets Media Trading Ideas

 

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