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







