Lightening Round: Jim Enthusiastic About ACOR, RMBS, VM, ERTS, CHU
In his “Lightening Round,” Jim Cramer expressed his willingness to speculate on Acodra Therapeutics (NASDAQ: ACOR). However, he does not believe that it is time to buy Northern Dynasty Minerals (NYSE: NAK). While ACOR gained 0.23% yesterday, NAK rose 4.74%.
Jim thinks Rambus (NASDAQ: RMBS) may touch higher levels. RMBS rose 1.24% yesterday.
When asked about Synaptics (NASDAQ: SYNA), Jim said he preferred Cypress Semiconductor (NYSE: CY). While SYNA added 0.66% in yesterday’s trade, CY gained 1.78%.
Jim said he believes that Dole Foods (NASDAQ: DOLE) is a sell. Meanwhile, Valmont Industries (NYSE: VMI), which is infrastructure oriented, should be bought. While DOLE climbed 3.60% in after hours trading, VMI moved up 1.11% in yesterday’s trading.
Jim believes that Electronic Arts (NASDAQ: ERTS) has better staying power than Activision Blizzard (NASDAQ: ATVI). ERTS plunged 8.75% in yesterday’s trade, while ATVI’s stock fell 1.08%.
With China Unicom (NYSE: CHU) having bottomed, Jim finds it a definite buy. CHU climbed 3.20% in yesterday’s trading.
