On CNBC's "Mad Money Lightning Round," Jim Cramer said that Archer Daniels Midland Co (NYSE:ADM) is a chronic underperformer. Those who like it for yield, should buy Verizon Communications Inc. (NYSE:VZ) instead, thinks Cramer.
Cramer said Scorpio Tankers Inc. (NYSE:STNG) is fine if you believe, like he does, that there are a couple of weeks before this trade is over.
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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He doesn't see any momentum in BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX). He would rather buy Moderna Inc (NASDAQ:MRNA).
It's very hard for Slack Technologies Inc (NYSE:WORK) to compete with Microsoft Corporation (NASDAQ:MSFT), but Cramer thinks it can and he likes the stock. It offers a good product and Cramer would be a buyer of the stock.
Cramer is not a buyer of Inmode Ltd (NASDAQ:INMD) because radio-frequency technology is not his style. He prefers Edwards Lifesciences Corp (NYSE:EW), Medtronic PLC (NYSE:MDT) and Abbott Laboratories (NYSE:ABT).
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.