A Big Fan Of TreeHouse Foods - Cramer's Lightning Round (5/3/16)

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Includes: BOFI, COR, CSX, DIN, SBUX, STX, THS
by: SA Editor Michael Hopkins

Summary

In addition to TreeHouse, Cramer is bullish on Starbucks and CoreSite.

DineEquity hurt by McDonald's and its all-day breakfast move?

Seagate not helped by its quarterly conference call.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Tuesday, May 3.

Bullish Calls

TreeHouse Foods (NYSE:THS): "I like TreeHouse very much."

Starbucks (NASDAQ:SBUX): "We can't wait to buy more."

CoreSite (NYSE:COR): "We recommended it not long ago." Cramer said to wait for a small pullback "and pull the trigger."

Bearish Calls

CSX (NYSE:CSX): Cramer said he prefers Union Pacific (NYSE:UNP) and Norfolk Southern (NYSE:NSC) over CSX.

DineEquity (NYSE:DIN): Cramer suggested DineEquity may have been hurt by McDonald's (NYSE:MCD) move to all-day breakfast. "We're going to stay away until we get a better quarter."

Seagate (NASDAQ:STX): "That conference call was a bad conference call."

BOFI Holding (NASDAQ:BOFI): "A little too controversial."

Chesapeake (NYSE:CHK): "I prefer the more well-balanced Occidental (NYSE:OXY)."

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