Jim Cramer Shares His Thoughts On Oracle And Ulta

On CNBC's "Mad Money", Jim Cramer said Oracle Corporation ORCL is a reasonable stock to invest in. He thinks it's worth $52 and he advised his viewer to buy more. Cramer liked the last quarter and he doesn't think the guidance was bad.

Ulta Beauty Inc ULTA got hit by Amazon.com, Inc. AMZN, explained Cramer. He wouldn't sell it at its current price level, but he wouldn't double down either.