Mad Money Lightning Round: Cramer Likes Berkshire Hathaway
On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Berkshire Hathaway (NYSE: BRK-B) is “owned by stock sage Warren Buffett.” He added, “I want to stick behind the Oracle of Omaha, so I remain bullish on this stock.
For Baidu.com (NASDAQ: BIDU), he said, "This whole market is way to speculative. The Chinese market is falling apart. Even Baidu will be taking its part."
Cramer said that he has a long-term view that Goldman Sachs (NYSE: GS) is “terrific, but in the short term it could fall another 15%. It wouldn't shock me to see it fall through $110. It'd be a buy at $110."
For Tractor Supply (NASDAQ: TSCO), Jim said, "I think that the ag market is terrific long term. I'd take a little off the table for now though; it's had a big run."
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