Cramer Shares His Thoughts On Vertex Pharma, Snap 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 it's a good opportunity to pick up some Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX). The stock declined 20% and he sees that as an overreaction.

Cramer prefers Logitech International SA (NASDAQ:LOGI) over Turtle Beach Corp (NASDAQ:HEAR).

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It is time to sell Eli Lilly And Co (NYSE:LLY), said Cramer. He is troubled by the stock after what happened to Biogen Inc (NASDAQ:BIIB).

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) is a good stock, said Cramer. He is a buyer, particularly, if the Fed stays the course.

Cramer wants to get back in Goldman Sachs Group Inc (NYSE:GS) at $350 and he would do it slowly.

Snap Inc (NYSE:SNAP) is a winner, 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.


Posted In: Small CapMediaCNBCJim Cramermad money Lightning Round