Cramer's Lightning Round - I Always Come Back To Palo Alto Networks (6/19/14)

by: Miriam Metzinger

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Thursday June 19.

Bullish Calls:

  • Palo Alto Networks (NYSE:PANW): "Whenever I see security, I always come back to Palo Alto."
  • Gilead (NASDAQ:GILD), Celgene (NASDAQ:CELG): "I like Gilead, and I like Celgene more."
  • Anadarko Petroleum (NYSE:APC), Occidental Petroleum (NYSE:OXY), Chevron (NYSE:CVX): "I still think Anadarko. It has tremendous upside, and so does Occidental. I like those better than Chevron, but boy, Chevron is much better than it used to be."
  • Stryker (NYSE:SYK): "It is the ultimate baby boom play. I'm a buyer. That is the best in this lightning round."
  • Jazz Pharmaceuticals (NASDAQ:JAZZ): "I like that...the European (tax) inversion. That is going well for them."
  • SPDR Gold Trust ETF (NYSEARCA:GLD), Randgold (NASDAQ:GOLD): "I saw the breakout in gold, and I still like GLD. I do like Randgold on further reflection. Randgold has it going."

Bearish Calls:

  • Chipotle Mexican Grill (NYSE:CMG): "I'm worried about the raw costs. There are going to be great sales, but be worried about the margins."
  • IBM (NYSE:IBM): "I am discouraged about IBM. The last couple of quarters have let me down. I say it is a show-me situation, and it has not shown me."
  • Ballard (NASDAQ:BLDP), Plug Power (NASDAQ:PLUG): "I can't do it. There probably is some good story coming for Ballard, and when it does, sell. Same with Plug Power, I thought, 'Why is that going up?'"
  • General Electric (NYSE:GE): "I think GE has to do a joint venture. I don't want them overpaying for that French company. That would be a killer. I would be disappointed if they paid up that much. That would be the end of an upside for GE."


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