Why Jim Cramer Recommends To Not Sell Weber

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes Magnolia Oil & Gas Corporation (NYSE:MGY) and believes it is a good company.

Cramer recommended not selling Weber Inc. (NYSE:WEBR) as it makes money.


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 said Affirm Holdings, Inc. (NASDAQ:AFRM) doesn’t make money, but it’s CEO Max Levchin will "figure something out."

Check out our premarket coverage here.

Price Action: Shares of Magnolia Oil & Gas gained 4.3% to close at $24.03, while Weber gained 2.8% to settle at $8.90 on Wednesday. Shares of Affirm jumped 6.3% to settle at $31.21 on Thursday.


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: Long IdeasNewsSmall CapMarketsMediaTrading IdeasCNBCJim Cramer