Market Overview

Jim Cramer Gives His Opinion On Blue Apron, Teva And More

Share:

On CNBC's "Mad Money Lightning Round", Jim Cramer advised his viewer to hold his long position in Sirius XM Holdings Inc (NASDAQ: SIRI). He has been recommending the stock since $4 and he is not backing away.

Teva Pharmaceutical Industries Ltd (ADR) ADR (NYSE: TEVA) had a nice comeback, but Cramer wouldn't buy it. He thinks the bottom has been reached, but he still doesn't want to pull the trigger.

Cramer isn't willing to recommend iQIYI, Inc (NASDAQ: IQ) as a buy.

Blue Apron Holdings Inc (NYSE: APRN) has bottomed, said Cramer. He doesn't want to buy it because he needs a thesis to buy a stock and he doesn't have one for Blue Apron.

Cramer thinks it's all right to own Shopify Inc (NYSE: SHOP). He isn't concerned about Adobe's acquisition of Magento.

Incyte Corporation (NASDAQ: INCY) is an inexpensive stock because it has great products, said Cramer. He added that it keeps trading lower.

Cramer is a buyer of E*TRADE Financial Corp (NASDAQ: ETFC).

Posted-In: CNBC Jim Cramer Mad Money mad money Lightning RoundMedia

 

Related Articles (ETFC + APRN)

View Comments and Join the Discussion!
Book A Demo
Learn How You Can Succeed In The Market With Benzinga Pro

Fastest Market News

Real-Time News Alerts

Customizable News Filters

Book A Demo

The Important Lesson Kevin O'Leary Learned From His Mother's Trading Portfolio

AMD, Halliburton, Gold Miners, Brazil ETF: 'Fast Money' Picks For May 24