On CNBC's "Mad Money Lightning Round", Jim Cramer said e.l.f. Beauty Inc ELF is inexpensive, but he would rather own Estee Lauder Companies Inc EL. The whole segment is trading lower, but he isn't backing away from e.l.f. Beauty and his recent long recommendation for the stock.
Cramer likes PGT Innovations Inc PGTI. It has a good Florida business and he thinks that the stock is very cheap.
The CEO of Macy's Inc M is doing a good job and he is turning the battleship around, thinks Cramer. He likes the CEO and he sees the stock at $20 with a 7.3 percent dividend yield.
The theater business is very difficult at the moment and Cramer wouldn't buy Imax Corp (USA) IMAX.
Energy Transfer Partners LP ETP is a terrible stock, thinks Cramer. He would sell it immediately.
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