Lightning Round: Jim Cramer Advises His Viewers On Teva, Snap And 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.


On CNBC's "Mad Money Lightning Round", Jim Cramer said KEMET Corporation (NYSE:KEM) is a cheap stock. He doesn't have a catalyst, but he likes the stock and he's surprised it's trading this low.

Cramer isn't a buyer of Lumentum Holdings Inc (NASDAQ:LITE). He would rather own Finisar Corporation (NASDAQ:FNSR).

Cramer would stay away from Snap Inc (NYSE:SNAP).

Applied Materials, Inc. (NASDAQ:AMAT) is a good stock, said Cramer.

Instead of Okta Inc (NASDAQ:OKTA), Cramer would rather buy VMware, Inc. (NYSE:VMW).

Cramer wouldn't buy Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA). He doesn't want to touch the stock.


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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Posted In: CNBCJim CramerMediamad money Lightning Round