Travelers And Chubb Are The Best Insurance Stocks - Cramer's Lightning Round (6/9/16)

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Includes: AMAT, AOS, CALM, CB, CC, IDTI, KEYW, LL, LOW, LRCX, MET, MU, NVDA, TRV, WDC
by: SA Editor Mohit Manghnani

Summary

A.O. Smith is a winner.

Integrated Device Technology's bad quarter was a one-time event, and the company's future looks good.

Cal-Maine Foods is a heavily shorted stock.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Thursday, June 9.

Bullish Calls

A.O. Smith Corp. (NYSE:AOS): It has heating, ventilation and air conditioning. It's a winner.

Integrated Device Technology (NASDAQ:IDTI): Its bad quarter seemed like a one-off situation.

Bearish Calls

Lumber Liquidators (NYSE:LL): Cramer is not a fan. He prefers Lowe's (NYSE:LOW).

Western Digital (NYSE:WDC): This group is difficult to own, and Western Digital is best of the bad lot. Nvidia Corp. (NASDAQ:NVDA) is a better pick.

Micron Technology (NASDAQ:MU): "I think Micron is still part of a big dead cat bounce. Why do I say that? Because Applied Materials (NASDAQ:AMAT) reported a big buyback after the close that could drive the semiconductor group again. In that particular segment, I like Lam Research (NASDAQ:LRCX)."

KEYW Holding (NASDAQ:KEYW): Cramer is worried about cybersecurity stocks, since high-growth companies in the group are also going down.

Cal-Maine Foods (NASDAQ:CALM): "This is an egg company and is one of the top five most heavily shorted stocks in the market today. This is a battlefield stock. I don't play on battlegrounds."

MetLife (NYSE:MET): The two insurers recommended by Cramer are Travelers Companies (NYSE:TRV) and Chubb Corp. (NYSE:CB).

Chemours Company (NYSE:CC): "Andrew Left from Citron Research has been saying some negative things about, and Cramer doesn't want to be on the other side of his trade.

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