Lightning Round: Jim Cramer Shares His Thoughts On GameStop, Lockheed Martin And More

On CNBC's "Mad Money Lightning Round", Jim Cramer said he wouldn't buy GameStop Corp. (NYSE:GME). He would rather own Activision Blizzard, Inc. (NASDAQ:ATVI) and Take Two Interactive Software Inc (NASDAQ:TTWO).

Cramer is a buyer of International Flavors & Fragrances Inc (NYSE:IFF). He thinks the last quarter was really good.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Foot Locker, Inc. (NYSE:FL) is not a buy, thinks Cramer. He wouldn't touch the stock.

Instead of SM Energy Co (NYSE:SM), Cramer would buy a higher quality stock, like Schlumberger Limited. (NYSE:SLB).

Cramer is a buyer of Lockheed Martin Corporation (NYSE:LMT). It's one of his favorite stocks, but he likes Raytheon Company (NYSE:RTN) a little bit more.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: CNBCJim CramerMediamad money Lightning Round