Nvidia Has Declined A Lot - Cramer's Lightning Round (1/15/16)

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Includes: AMBA, AYI, CLX, NVDA, VLY, WRK
by: SA Editor Mohit Manghnani

Summary

It's tough to own semiconductor stocks.

Stay away from packaging.

Buy Clorox when it goes down $2-3.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Friday, January 15.

Bullish Calls:

Valley National Bancorp (NYSE:VLY): This is a good bank with a 5% yield.

Clorox (NYSE:CLX): Clorox is a good buy once it's down by $2-3.

Nvidia Corp. (NASDAQ:NVDA): This is a good company that has come way down.

Bearish Calls:

Ambarella (NASDAQ:AMBA): One cannot own the semiconductors right now, since they are in cell phones that are oversupplied.

WestRock (NYSE:WRK): Say no to packaging right now.

Acuity Brands (NYSE:AYI): The stock is overvalued in the current environment. It's a good company and can be bought once it comes in a little more.

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