GoPro Needs To Get Its Mojo Back - Cramer's Lightning Round (6/14/16)

by: SA Editor Mohit Manghnani


Wells Fargo is a buy based on the yield.

Cautiously bullish on NGL Energy Partners.

Exelixis has more upside left.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Tuesday, June 14.

Bullish Calls

Wells Fargo (NYSE:WFC): Cramer is not fond of bank stocks but thinks that Wells Fargo is a buy as it yields more than 3%. He plans to buy more for his trust at $45.

Annaly Capital (NYSE:NLY): "I think that they have really done a lot of things right. It's really only one of the high-yield mortgage REITs that I really feel like is doing the right thing."

NGL Energy Partners (NYSE:NGL): Cramer is bullish on the stock considering the fact that natural gas is doing better. However, he advised caution since it yields 8%.

Exelixis (NASDAQ:EXEL): Though the stock is up, it has more upside left.

Bearish Calls

CF Industries Holdings (NYSE:CF): Cramer is not a fan as the agriculture group is glutted. Agco (NYSE:AGCO) is a better pick in his opinion.

Boeing (NYSE:BA): Don't go there. Honeywell (NYSE:HON) is a better pick in the aerospace group.

GoPro (NASDAQ:GPRO): They still have to get their mojo back.

AIG (NYSE:AIG): Cramer is worried about the long-term care position, and thinks that Chubb (NYSE:CB) is a better acting stock.


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