Seeking Alpha

Seagate Technology Is A Value Trap - Cramer's Lightning Round (5/11/16)

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Includes: ABBV, ABT, ACAD, MA, MAIN, MDT, MITK, PNRA, STX, TA
by: SA Editor Mohit Manghnani
Summary

Stick with Panera Bread.

ACADIA Pharmaceuticals is rallying on a takeover basis. Don't buy the stock.

Main Street Capital is an opaque company.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Wednesday, May 11.

Bullish Calls

Panera Bread (NASDAQ:PNRA): Panera is a big holding for Cramer's charitable trust, and the stock has done well. He advised sticking with it.

Mitek Systems (NASDAQ:MITK): The stock is on fire after the company had a good quarter.

MasterCard (NYSE:MA): It is in a competitive business, but is doing well.

AbbVie (NYSE:ABBV): "Oh man, they are good. I'm going to give you a two-for, I like both Abbott (NYSE:ABT) and AbbVie. A lot of value creation there."

Medtronic (NYSE:MDT): It had a terrific quarter. Cramer likes the stock.

Bearish Calls

Main Street Capital (NYSE:MAIN): Cramer is against the company because it lacks clarity.

ACADIA Pharmaceuticals (NASDAQ:ACAD): This stock is generating buzz on a takeover basis. Cramer does not want to recommend it.

Seagate Technology (NASDAQ:STX): It's a classic value trap, as the company has not diversified away from the PC.

TravelCenters of America (NASDAQ:TA): It has to do better. Cramer is not a fan.

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