Politicians Are Targeting Biotech - Cramer's Lightning Round (4/11/16)

|
Includes: ACOR, CSCO, CVA, HZNP, MAT, PANW, UNH, VRX, WY
by: SA Editor Mohit Manghnani

Summary

People want to pay less for high growth stocks.

Buy Cisco on weakness.

Weyerhaeuser is strong fundamentally and technically.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday, April 11.

Bullish Calls

United Health (NYSE:UNH): "I've got to tell you, UNH dropped out of a couple of exchanges and the stock is going to go higher still. It may be one of the best stocks in the Dow."

Palo Alto Networks (NYSE:PANW): "There is nothing wrong with the stock, but I do believe that people want to pay less for high growth stocks."

Covanta (NYSE:CVA): Cramer likes that story. It's in a very good situation, Hold on to it.

Cisco Systems (NASDAQ:CSCO): Cramer thinks CEO Chuck Robins is doing a good job. Buy the stock on weakness.

Weyerhaeuser (NYSE:WY): The stock has good fundamentals and charts as well.

Bearish Calls

Mattel (NASDAQ:MAT): The stock has gone up in a straight line. Wait till it gets under $30 to buy again.

Horizon Pharma (NASDAQ:HZNP): Market has started hating such stocks because of Valeant (NYSE:VRX).

Acorda Therapeutics (NASDAQ:ACOR): Biotech is on the hit list of the politicians.

:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

Jim Cramer's Action Alerts PLUS: Check out Cramer's multi-million dollar charitable trust portfolio and uncover the stocks he thinks could be HUGE winners. Start your FREE 14-day trial now!

Get Cramer's Picks by email - it's free and takes only a few seconds to sign up.