Blackhawk Down But Not Out - Cramer's Lightning Round (1/21/16)

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Includes: AZO, BIDU, CXW, EMR, FANG, HAWK, MNRO
by: SA Editor Michael Hopkins

Summary

Cramer is a fan of Blackhawk Network Holdings.

Sell Diamondback Energy.

Stay clear of Chinese stocks.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Thursday, January 21.

Bullish Call:

Blackhawk Network Holdings (NASDAQ:HAWK): "I like that stock," Cramer said, adding that "management is terrific." The company is down on its luck but the "last quarter was darned good."

Bearish Calls:

Diamondback Energy (NASDAQ:FANG): "Here is a chance to lighten up" given the stock's recent rally. Cramer suggested the stock is a sell. "Not going to fool around with fossil fuels."

Monro Muffler Brake (NASDAQ:MNRO): "Go to AutoZone (NYSE:AZO)" instead, given the company's "incredible buyback."

Emerson Electric (NYSE:EMR): "Not a buy because they keep missing the numbers."

Baidu (NASDAQ:BIDU): "We do not recommend China stocks on this show."

Corrections Corporation of America (NYSE:CXW): "I'm not on privatizing (in the prison business) and making money off of that."

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