Buy CVS Health - Cramer's Lightning Round (10/18/16)

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Includes: ARRS, CHTR, CLVS, CSCO, CVS, ICE, NAT, PFE, SPWR, TECD, TWLO
by: SA Editor Mohit Manghnani

Summary

People are underrating the cable business.

Tech Data is a good buy.

Don't buy Nordic American Tankers as they cut dividends.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Tuesday, October 18.

Bullish Calls

Charter Communications (NASDAQ:CHTR): People are underrating the cable business. Cramer likes it.

CVS Health (NYSE:CVS): The company is doing well and the stock does not deserve to be this low.

Clovis Oncology (NASDAQ:CLVS): Cramer likes the stock but not as much as Pfizer (NYSE:PFE).

Tech Data (NASDAQ:TECD): CEO Dutkowsky is doing a good job. It's a terrific stock to own.

Intercontinental Exchange (NYSE:ICE): Buy more of this stock. They are making a lot of money.

Bearish Calls

SunPower (NASDAQ:SPWR): Solar companies cannot do well unless oil price rises, which looks unlikely.

ARRIS International (NASDAQ:ARRS): Cramer is not a fan. He likes Twilio (NYSE:TWLO) for risky play and Cisco (NASDAQ:CSCO) for safe play.

Nordic American Tankers (NYSE:NAT): They cut the dividend. Cramer said he is done with the company.

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