On CNBC's "Mad Money Lightning Round," Jim Cramer said XPO Logistics Inc (NYSE:XPO) is an excellent company and it will be worth even more after the spin-off. He would be a buyer.
Magna International Inc. (NYSE:MGA) is going to be a winner, said Cramer. He loves the company.
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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Loandepot Inc (NYSE:LDI) is okay, but the problem is that this is a very commoditized business, said Cramer. He advised a viewer to buy a dividend stock or a more consistent player in the space.
Torchlight Energy Resources Inc (NASDAQ:TRCH) is a meme stock that managed to raise money, said Cramer. He is a believer in meme stocks that have raised money.
Cramer likes QUALCOMM, Inc. (NASDAQ:QCOM) a lot and he thinks it is a buy here.
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.