Cramer Weighs In On Cloudflare, Palo Alto And More

On CNBC's "Mad Money Lightning Round," Jim Cramer said he wants to take profits in Cloudflare Inc (NYSE: NET). He thinks the stock is too high.

Hanesbrands Inc. (NYSE: HBI) missed the quarter so badly, said Cramer. He was surprised and he can't recommend the stock because he is looking for winners, not losers.

Sorrento Therapeutics Inc (NASDAQ: SRNE) doesn't have what it takes to be a winner, said Cramer. He would not own the stock.

Palo Alto Networks Inc (NYSE: PANW) is a well run company and Cramer wouldn't bet against it.

Cramer would be careful with Tractor Supply Company (NASDAQ: TSCO). He thinks the company is great, but the stock should be a couple of points lower.

CBS Corporation Common Stock (NASDAQ: VIAC) is not expensive, but it doesn't have a good balance sheet, thinks Cramer.