Amgen Is A Buy - Cramer's Lightning Round (7/25/16)

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Includes: AEP, AMGN, CELG, CHK, GILD, IT, MXL, TASR, TXN, WR, WYNN
by: SA Editor Mohit Manghnani

Summary

Taser International is undervalued.

Gartner has huge growth potential.

Wynn Resorts is expected to report a good quarter.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday, July 25.

Bullish Calls

Taser International (NASDAQ:TASR): Taser is undervalued considering the conflict going on in many cities.

Gartner (NYSE:IT): The company is doing well. Although it is expensive, the company has great growth.

MaxLinear (NYSE:MXL): MaxLinear and Texas Instruments are both undervalued stocks.

Amgen (NASDAQ:AMGN): "I happen to think that the stock is very good. Now I'm going to caution, Celgene (NASDAQ:CELG) had some bad news tonight and so was the outlook at Gilead (NASDAQ:GILD). So, these stocks are going to fall and I think you're in good shape with Amgen."

Wynn Resorts (NASDAQ:WYNN): Las Vegas Sands (NYSE:LVS) reported good numbers, which makes Wynn Resorts poised to do well too. Cramer suggested buying half before the earnings and half after.

Bearish Calls

Chesapeake Energy (NYSE:CHK): The stock has the capacity to go higher as natural gas prices rise. However, Cramer did not want to recommend fossil fuel stocks.

Westar Energy (NYSE:WR): Book profits on the stock. American Electric Power (NYSE:AEP) is a better pick and is held by Cramer's trust too.

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