Liking Exelixis And Its Pipeline - Cramer's Lightning Round (1/19/16)

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Includes: BBT, EXEL, IP, ISRG, KORS, NFLX, PSXP
by: SA Editor Michael Hopkins

Summary

Exelixis: "I like that pipeline very much."

BB&T is "too cheap."

Phillips 66 Partners: "You must to be careful with these names."

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

Bullish Calls:

Exelixis (NASDAQ:EXEL): "I like the risk/reward on this one. I like that pipeline very much."

Michael Kors (NYSE:KORS): KORS recently saw an upgrade. "The stock is nearing a bottom," Cramer said. "I wouldn't pull the trigger yet. But I'm no longer negative."

BB&T Corporation (NYSE:BBT): "It's too cheap."

International Paper (NYSE:IP): Investors could look at accumulating the stock. "The yield is safe," Cramer said.

Bearish Call:

Phillips 66 Partners LP (NYSE:PSXP): "I don't like the margins on some of these businesses. You must to be careful with these names. It's not my favorite name."

Neutral Call:

Intuitive Surgical (NASDAQ:ISRG): "Intuitive Surgical is like Netflix (NASDAQ:NFLX). They are really, really hard to own." If investors want to own something like Netflix or Intuitive Surgical, "don't own too many."

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