Mad Money Lightning Round: Cramer Likes Potash (JBL, AKAM, ISRG, POT, CHBT, BIDU, CRUS, CF, AGU)

Symbols: AGU, AKAM, BIDU, CF, CHBT, CRUS, ISRG, JBL, POT
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On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Jabil Circuit (NYSE: JBL) is “steady and goes great.” He added, “I am not happy with Akamai Technologies (NASDAQ: AKAM). That was a bad conference call."

Cramer said that Intuitive Surgical (NASDAQ: ISRG) is a “high-multiple stock.” He added, “You need to back away from these high-growth stocks until we get some clarity in the world."

For Potash (NYSE: POT), Jim said, "Everyone is selling everything, but it's not the end of the world. People are still running out of food. Potash needs to be bought."

Jim said that China-Biotics (NASDAQ: CHBT) is “much too hard a story. Other than Baidu.com (NASDAQ: BIDU), these Chinese stocks are heartbreakers."

For Cirrus Logic (NASDAQ: CRUS), he said, "When oil spikes, these stocks tend to fall 15%. There's nothing different with the company. You need to tough it out or ring the register. "

He said that CF Industries (NYSE: CF) was a “pure and simple sell-off. It shook out all of the sellers. I'll say the same thing for Agrium (NYSE: AGU) and for Potash."

Read more on Jim's Views On Benzinga


 
 
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