Cramer Likes American Eagle Outfitters And These 2 Pharma Stocks


On CNBC’s “Mad Money Lightning Round," Jim Cramer said GrowGeneration Corp GRWG was attractively valued in the teens. But then the stock spiked to the $5s range.

“We rang the register and never looked back,” he commented.

Cramer said that Biohaven Pharmaceutical Holding Co Ltd’s BHVN migraine pill, Nurtec, is extraordinary and is enough to lend upside to the stock.

The host recommended doubling down on American Eagle Outfitters Inc AEO. He pointed out that the stock has a 3% yield and that it was JPMorgan analyst Matthew Boss’s favorite stock.

“I admit I was early, I was wrong. But now at 3%, with that usual growth that it’s got, let’s say I can’t be sanguine because I’m down on it, but I am excited about the prospects of the future,” Cramer added.

Cramer said he didn't know much about Accolade Inc ACCD. He believes RadNet RDNT is a good stock. Although it has declined recently, it's the kind of healthcare stock he likes.

“It’s a high-multiple stock, that’s what’s hurting it,” he added.

Market News and Data brought to you by Benzinga APIs
Posted In: Long IdeasSmall CapMediaTrading IdeasCNBCJim Cramer
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!