Mad Money Lightning Round OT: Cramer Is Bearish On MNKD (ULTA, MNKD, RFMD, SWKS, OVTI)
On CNBC's Mad Money Lightning Round OT, Jim Cramer advised his viewers to buy Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA). Although Ulta Salon, Cosmetics & Fragrance, Inc. (ULTA) spiked 13.38% in the after hours, Cramer sees more upside for this stock.
MannKind Corporation (NASDAQ: MNKD) should not be owned, thinks Cramer. He is a seller of this stock. MannKind Corporation (MNKD) fell 1.03% today, and it closed at $3.86.
Cramer is not a buyer of RF Micro Devices, Inc. (NASDAQ: RFMD), because he doesn't like the technology space. He also said that Skyworks Solutions, Inc. (NASDAQ: SWKS), and OmniVision Technologies, Inc. (NASDAQ: OVTI) are better picks than RFMD. Skyworks Solutions (SWKS) gained 7.74% today, and OmniVision Technologies (OVTI) added 7.18%. RF Micro Devices, Inc. (RFMD) jumped 1.72%, and it closed at $5.90.
