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Cramer Gives His Opinion On Broadcom, Chipotle And More

Cramer Gives His Opinion On Broadcom, Chipotle And More

Jim Cramer said on CNBC's "Mad Money Lightning Round" that Broadcom Inc (NASDAQ: AVGO) got a lot of people spooked because it makes parts for Apple Inc (NASDAQ: AAPL) and people are worried about Apple. He finds Broadcom too cheap to sell.

Cramer recognizes the need to play the uranium cycle and stocks like Uranium Energy Corp. (NYSE: UEC), but he advised a viewer to hop off a uranium cycle at a certain point.

He loves Kontoor Brands Inc (NYSE: KTB), Levi Strauss & Co. (NYSE: LEVI) and Gap Inc (NYSE: GPS).

Canoo Inc (NASDAQ: GOEV) is dead money, said Cramer.

Chipotle Mexican Grill, Inc. (NYSE: CMG) is a buy and the company can pass on the increased wages costs, said Cramer.

DISCOVERY COMMUNICATIONS INC. (NASDAQ: DISCA) is just okay and that is not enough for Cramer to buy it.

Cramer said to a viewer that he can stay long Energy Transfer LP Unit (NYSE: ET), but he prefers Kinder Morgan Inc (NYSE: KMI) and Enterprise Products Partners L.P. (NYSE: EPD). The whole group is working, he added.

Ally Financial Inc (NYSE: ALLY) is still the cheapest financial, said Cramer. He would not sell it.


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