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 NextEra Energy Inc (NYSE:NEE) is the fastest-growing growth utility. If you want a growth utility that is the one.
Cramer likes Peloton Interactive Inc (NASDAQ:PTON), but it has runway up too high. He thinks it could trade even higher, but he doesn't like the risk-reward.
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Fulgent Genetics Inc (NASDAQ:FLGT) is a little bit spec, believes Cramer. The diagnostics is incredibly hot right now, but Cramer prefers old-fashioned diagnostics like Abbott Laboratories (NYSE:ABT) and Thermo Fisher Scientific Inc. (NYSE:TMO).
Cramer is not a buyer of Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC).
He is also not a buyer of Hannon Armstrong (NYSE:HASI) because he doesn't like the credit market right now.
Splunk Inc (NASDAQ:SPLK) is pretty good, said Cramer.
The market currently doesn't like the defensive stocks like Clorox Co (NYSE:CLX), said Cramer. He can't pound the table right now.
Cramer can't recommend Vale SA (NYSE:VALE). He has better stocks in the space.
Trade Desk Inc (NASDAQ:TTD) is the kind of the multiple-to-sales stock that is going to get hurt by the flood of the IPOs, said Cramer.
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.