Jim Cramer Shares His Thoughts On Baidu, Hormel Foods, Palo Alto, 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 Hormel Foods Corp (NYSE:HRL) is one of few food stocks with a great growth. He likes the stock.

Acuity Brands, Inc. (NYSE:AYI) missed too many quarters, said Cramer. He wouldn't buy the stock.

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Instead of Greenbrier Companies Inc (NYSE:GBX), Cramer would rather own Union Pacific Corporation (NYSE:UNP).

Cramer likes Baidu Inc (ADR) (NASDAQ:BIDU). It's one of the few Chinese stocks he's willing to recommend.

Vale SA (ADR) (NYSE:VALE) is a pure commodity stock and Cramer isn't willing to recommend it.

Cramer wouldn't buy Howard Hughes Corp (NYSE:HHC).

Cramer would rather own Palo Alto Networks Inc (NYSE:PANW) than Symantec Corporation (NASDAQ:SYMC).


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