Jim Cramer Weighs In On Snap, Seagate And More


27% profits every 20 days?

This is what Nic Chahine averages with his options 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 Snap Inc (NYSE:SNAP) is going lower.

Cramer likes GW Pharmaceuticals PLC- ADR (NASDAQ:GWPH).

Limelight Networks, Inc. (NASDAQ:LLNW) is going higher because it's about streaming, said Cramer. He added that it's a poor man's Akamai Technologies, Inc. (NASDAQ:AKAM), but he likes it.

Seagate Technology PLC (NASDAQ:STX) was overdone on the downside on Tuesday, said Cramer. People got too negative on the stock.

Danaher Corporation (NYSE:DHR) is one of the most well-managed companies in the country, thinks Cramer. He added that the stock might be the finest holding in the portfolio of his charitable trust.

Cramer said that General Mills, Inc. (NYSE:GIS) isn't going under and he sees its 4.6 percent dividend yield as attractive. He wants to buy the stock.

Texas Instruments Incorporated (NASDAQ:TXN) had a great quarter, thinks Cramer. He's a buyer of the stock.

FireEye Inc (NASDAQ:FEYE) got hit on Wednesday, but Cramer thinks the management is good and the company is making a comeback.


27% profits every 20 days?

This is what Nic Chahine averages with his options 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: MediaTrading IdeasJim CramerMad Moneymad money Lightning Round