Lightning Round: Jim Cramer Gives His Opinion On Tower Semiconductor, Momo And More

Loading...
Loading...

On CNBC's "Mad Money Lightning Round", Jim Cramer said he would wait for a couple of days to buy Tower Semiconductor Ltd. (USA) TSEM because the semiconductor stocks are currently on sale.

Momo Inc (ADR) MOMO isn't the Facebook of China, thinks Cramer. He sees it as a very speculative stock and he wouldn't buy it. He would rather buy Facebook Inc FB, if it pulls back a little bit more.

New Residential Investment Corp NRZ has 11 percent dividend yield and Cramer sees that as a red flag. He doesn't know what the company owns and before he makes a call, he wants to interview the management.

Cramer would take some profits in NetEase Inc (ADR) NTES. He advised his viewer to cut her position in half and let the rest run.

Market News and Data brought to you by Benzinga APIs
Posted In: CNBCJim CramerMediamad money Lightning Round
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...