Market Overview

Lightning Round: Jim Cramer Weighs In On Pure Storage, Boeing And More

Share:
Related
38 Biggest Movers From Yesterday
32 Stocks Moving In Tuesday's Mid-Day Session
Related BA
Trade Tension Back In Town, Weighing On Sentiment Despite Strong Tech Results
Upcoming Earnings: GE Reports Friday Morning, Turnaround And Restructuring Rolls On
Facebook, Amazon, Alphabet, Boeing, Chips, Big Oil: Investing Action Plan (Investor's Business Daily)

On CNBC's "Mad Money Lightning Round", Jim Cramer said that Pure Storage Inc (NYSE: PSTG) had an excellent quarter and the stock is still undervalued.

Cramer is a buyer of Boeing Co (NYSE: BA), but he would buy some at the current price level and he would add to the position when it pulls back.

Chesapeake Energy Corporation (NYSE: CHK) needs a cold winter, thinks Cramer. He added that the oil patch is not a place to be at the moment.

Cramer advised his viewer to hold a long position in Activision Blizzard, Inc. (NASDAQ: ATVI). He is trying to build a long position for his charitable trust because he thinks the stock is going to benefit from eSports.

Humana Inc (NYSE: HUM) is a buy, but Cramer prefers UnitedHealth Group Inc (NYSE: UNH).

Hawaiian Holdings, Inc. (NASDAQ: HA) is a great buy, said Cramer. He prefers Southwest Airlines Co (NYSE: LUV).

Cramer doesn't wants to touch Under Armour Inc (NYSE: UAA).

Apollo Global Management LLC (NYSE: APO) is a good stock, thinks Cramer. He also likes KKR & Co. L.P. (NYSE: KKR) and Blackstone Group LP (NYSE: BX).

Posted-In: CNBC mad money Lightning Round Jim CramerMedia

 

Related Articles (APO + ATVI)

View Comments and Join the Discussion!