Jim Cramer Gives His Opinion On LL, ACTG, FNGN
Jim Cramer said on CNBC's Mad Money that he sees a pullback in Lumber Liquidators Holdings, Inc. (NYSE: LL) as a buying opportunity. Lumber Liquidators (LL) fell 2.47% today, because of a decline in lumber price. Lumber futures (May contracts), dropped 3.25%.
Cramer also likes Acacia Research Corporation (NASDAQ: ACTG). He said that it posted great earnings, but he has to do more research on its patents, because the patents are the key of ACTG's business. Acacia Research (ACTG) dropped 0.67% today, but it reached 52-week high in today's trading session, trading at $15 at one point.
Financial Engines Inc (NASDAQ: FNGN) is on Cramer's don't buy list. This company is brand new underwriting and Cramer wants to see the quarterly results before even thinking of buying this stock. Financial Engines (FNGN) declined 4.44% today.
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