Market Overview

Mad Money Lightning Round: Cramer Advises Investors To Buy Starbucks (SBUX, SLB, HMC, A, LLNW, MCP, PBI, SKX)

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Starbucks (NASDAQ: SBUX) “might be three down, 10 up. I like that ratio."

He said that Schlumberger (NYSE: SLB) is a “winner, but it's also a wild trader. I'd buy some in stages."

Jim said that Honda Motor (NYSE: HMC) “holds up well but I do not want to own a Japanese auto company. Let's scale out of it."

For Agilent Technologies (NYSE: A), he said, "Test and measurement, I've had it. It's time to leave the table and go buy a nice sweater."

Cramer said that he “does not want to sell Limelight Networks (NASDAQ: LLNW) right here, but it's linked to the optical networking, so the stock is not going to move right here."

Jim reiterates his sell on Molycorp (NYSE: MCP). He said, “It's overvalued and I can't own an overvalued stock in this market."

For Pitney Bowes (NYSE: PBI), he said, "You've got dividend protection and good cash flow. Slow and steady will win that race, stick with PBI."

Cramer said that Skechers USA (NYSE: SKX) is a “bad stock.” He added, “I told people to get out; I still say get out."

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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