Stay Away From European Banks - Cramer's Lightning Round (5/19/16)

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Includes: CCL, CRZO, RLYP, UBS
by: SA Editor Mohit Manghnani

Summary

Carnival Corp. is good, but it needs a positive catalyst.

Carrizo Oil & Gas is in good shape.

Stay away from Relypsa, as there is negative news flow around the company.

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

Bullish Calls

Carnival Corp. (NYSE:CCL): "It yields 3%. I would wait a little bit more, because I am not in a hurry to buy any particular stock at this moment unless there is absolutely some edge or catalyst to it."

Carrizo Oil & Gas (NASDAQ:CRZO): Though Cramer is not recommending oil companies, he thinks Carrizo is in good shape.

Bearish Calls

Relypsa (NASDAQ:RLYP): Cramer is not a fan, as the most recent news flow around the company was not good.

UBS Group (NYSE:UBS): Don't touch European banks.

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