Waiting On Chipotle's Comeback - Cramer's Lightning Round (1/20/16)

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Includes: CMG, FNFG, FSLR, RAD, SCTY, SM, TSLA, UA, WBA
by: SA Editor Michael Hopkins

Summary

Cramer suggests Chipotle will one day come back.

"You are a winner either way" in the Rite-Aid/Walgreens deal.

Stay away from energy.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Wednesday, January 20.

Bullish Calls:

Chipotle (NYSE:CMG): Cramer said Chipotle is "really a hard one" to evaluate given the challenges the company has faced. But it's "going to come back." Investors can expect a bad quarter from the company, and investors could buy the stock closer to the $400 mark. "I do believe in Chipotle."

Rite-Aid (NYSE:RAD): The company is in the process of merging with Walgreens Boots Alliance (NASDAQ:WBA). "You are a winner either way," Cramer said.

Bearish Calls:

Solar City (NASDAQ:SCTY): "We ain't gonna play Solar City," Cramer said. First Solar (NASDAQ:FSLR) is his pick in this sector.

SM Energy (NYSE:SM): "We're not recommending any oil stocks."

Neutral Calls:

Under Armour (NYSE:UA): Cramer suggested taking a quarter position "and wait for lower prices."

First Niagara Financial Group (NASDAQ:FNFG): Cramer wants to determine the bank's energy exposure.

Tesla (NASDAQ:TSLA): "It's a cold stock. Not going to discourage it but it is expensive."

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