Jim Cramer Says This Stock Costs About $3, But 'If You Wait Long Enough' You Can Buy It For $2


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 he likes Blackstone Inc. (NYSE:BX) over Apollo Global Management Inc (NYSE:APO).

When asked about GSK plc (NYSE:GSK), Cramer said "I favor Johnson & Johnson (NYSE:JNJ)."

The "Mad Money" host said he prefers Halliburton Company (NYSE:HAL) over Diamond Offshore Drilling Inc (NYSE:DO).

Also Read: Bill Ackman Explains Why Inflation, Not Fed Rate Hike, Is Biggest Threat To US Economy

Cramer said Tilray Brands Inc (NASDAQ:TLRY) will cost you around $3 right now. However, it can cost just $2, "if you wait long enough."

He recommended buying Cheniere Energy, Inc. (NYSE:LNG).

Photo: Courtesy of Scott Beale on Flickr


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.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: Long IdeasNewsPenny StocksSmall CapMarketsMediaTrading IdeasCNBCJim Cramer