Mad Money Lightning Round: Cramer Likes Commercial Metals

Symbols: AAPL, ADBE, CMC, CME, CXW, NFLX, RAX, SVM
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On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Rackspace Hosting (NYSE: RAX) “has had a big run. Take your profits there and go buy some Apple (NASDAQ: AAPL)."

Cramer said that he “isn't interested in Corrections Corp of America (NYSE: CXW).”

For Silvercorp Metals (NYSE: SVM), he said, "Absolutely not. I don't like Chinese stocks and I don't think silver is as good as gold."

He said that Netflix (NASDAQ: NFLX) is a “controversial one. I like the business. I like the streaming. I think it can go past $300."

For Chicago Mercantile Exchange (NASDAQ: CME), Jim said, "I like the CME, I think it's well run, but there's too much competition and that's bad for profits. I don't want to be in that cohort."

Cramer said that he “doesn't see anything in Adobe Systems (NASDAQ: ADBE) that makes me want to own it."

For Commercial Metals (NYSE: CMC), he said, "I like that business, that one's a buy."

Read more on Jim's Views On Benzinga


 
 
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