Jim Cramer Gives His Opinion On Cleveland-Cliffs, SINA, Take-Two 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 Cleveland-Cliffs Inc (NYSE:CLF) is the best company in the show, but the stock is not going to be a good stock if Fed tightens again.

Cramer thinks SINA Corp (NASDAQ:SINA) is bottoming, but he would scale out of the position if the stock trades higher. He can't recommend Chinese stocks as a buy.

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Public Service Enterprise Group Inc. (NYSE:PEG) is good, but Cramer likes American Electric Power Company Inc (NYSE:AEP) better.

Cramer wouldn't buy Annaly (NYSE:NLY). He likes growth and dividend, while Annaly does equity offerings and then it gives you a good dividend.

Tandem Diabetes Care Inc (NASDAQ:TNDM) is very good, but Cramer likes DexCom, Inc. (NASDAQ:DXCM) better.

Take-Two Interactive Software (NASDAQ:TTWO) is a buy, thinks Cramer. He would buy some now and then he would add to the position after the report.

Instead of Ladder Capital Corp (NYSE:LADR), Cramer would buy Starwood Property Trust, Inc. (NYSE:STWD).


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: MediaCNBCJim CramerMad Moneymad money Lightning Round