Biotech Is Difficult Till The Election - Cramer's Lightning Round (10/21/16)

|
Includes: CELG, FTR, HLT, LGIH, MAR, VZ
by: SA Editor Mohit Manghnani

Summary

Marriott is a better pick than Starwood Hotels.

Buy Verizon for the yield.

Don't buy LGI Homes stock.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Friday, October 21.

Bearish Calls

Celgene (NASDAQ:CELG): The company reports next week. Cramer thinks the company is not involved in price gouging, but he advised staying away until the election is over.

Hilton Worldwide (NYSE:HLT): It's not a great hotel chain. Marriott (NYSE:MAR) is good pick after the Starwood Hotels merger.

Frontier Communications (NYSE:FTR): Cramer does not recommend going for the yield. With Verizon (NYSE:VZ) going down after the quarter, it yields closer to 5%. That's the stock to buy for the yield.

LGI Homes (NASDAQ:LGIH): The homebuilder group is difficult to own currently.

Editor's note: There were no bullish calls on the show.

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

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.