Hot Money Has To Get Out Of Nvidia - Cramer's Lightning Round (3/8/17)

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Includes: ICE, MO, MU, NVDA, PM, RAI
by: SA Editor Mohit Manghnani

Summary

Philip Morris is going to buy Altria.

Intercontinental Exchange is a good buy.

Micron Technology should get more DRAM capacity.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Wednesday, March 8.

Bullish Calls

Intercontinental Exchange (NYSE:ICE): There is shortage of exchange stocks. It's a good buy.

Micron Technology (NASDAQ:MU): Hold on for another quarter.

Bearish Calls

Nvidia Corporation (NASDAQ:NVDA): "There is still too much hot money from when it was up 224%. Now if people look at the chart and they're thinking it's a head-and-shoulders pattern, it's got to go lower. It's got to get those guys out before you find a bottom."

Reynolds American (NYSE:RAI): Cash out and buy Altria (NYSE:MO). Philip Morris (NYSE:PM) is going to buy Altria.

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