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Mad Money Lightning Round: Cramer Gives His Opinion On VRTX, GMCR, SJM, CREE, STD, S, FAF, SPW

Mad Money Lightning Round: Cramer Gives His Opinion On VRTX, GMCR, SJM, CREE, STD, S, FAF, SPW

On CNBC's Mad Money Lightning Round, Jim Cramer recommended investors buy Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX). He added that he always liked its business, and he was also an investor in VRTX at one point. Vertex (VRTX) jumped 2.99% on Friday.

Cramer can't get behind Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) right now. He needs to see a really great quarter before he makes a decision to buy it. Green Mountain Coffee Roasters Inc. (GMCR) fell 0.11% and closed at $27.30 on Friday.

The J.M. Smucker Company (NYSE: SJM) is a great company, thinks Cramer. He believes that a price target of $79 is realistic for this stock. The J.M. Smucker Company (SJM) gained 0.89% and closed at $62.10.

Cramer likes Cree, Inc. (NASDAQ: CREE), and thinks that it is a terrific company. In his book, "Getting Back to Even" he recommends some options strategies. In this case he would buy the January 60 calls. CREE closed at $69.21 on Friday, with an increase in price of 0.41%.

Banco Santander, S.A. (ADR) (NYSE: STD) made a series of moves that are really incredible, said Cramer. Its recent acquisitions reduced its exposure to Spain. Spain had a successful bond offering last week, which is also a good sign for STD. Banco Santander (STD) has a high yield, and Cramer thinks that this stock is impressive. Banco Santander (STD) jumped 2.31% on Friday.

Cramer really likes Sprint Nextel Corporation (S), and he recommends investors to buy this stock. Sprint Nextel Corporation (S) fell 1.08% on Friday.

Cramer believes that this quarter won't be so good for First American Financial Corp (NYSE: FAF), but the next one will be great. He wants you to wait a quarter, and then buy FAF. First American Financial Corp (FAF) fell 0.07% on Friday.

Jim Cramer wants you to stay with SPX Corporation (NYSE: SPW), because it will deal with European problems and it will have a decent quarter. SPX Corporation (SPW) added 0.17% on Friday.

Posted-In: Jim CramerCNBC Long Ideas Jim Cramer Short Ideas Media Trading Ideas


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