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Hold On To Starbucks - Cramer's Lightning Round (7/12/17)

Jul. 13, 2017 6:49 AM ETAKS, NUE, STM, NVDA, SBUX, ESRX, ATNXQ

Summary

  • Nucor is the best player in the steel industry.
  • Cramer prefers Nvidia to STMicroelectronics.
  • Don't buy Express Scripts.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Wednesday, July 12.

Bullish Calls

STMicroelectronics (STM): It's a good stock. However, if one wants to be in both automation and machine learning, then they'd have to be in Nvidia (NVDA) as it's the king in both.

Starbucks (SBUX): The stock has pulled down from $64 to $57-58 and it could go down by another 3-4 points. "I say, my charitable trust owns it, just ride it through. They will solve the mobile pay mosh pit problem, though don't expect a big upside surprise this quarter."

Athenex (ATNX): It's a risky biotech that has run up too much as it had some FDA clearance.

Bearish Calls

AK Steel (AKS): No. Cramer prefers Nucor (NUE) as it's the largest steel maker and has a good yield. If Washington decides to protect the steel industry, Nucor will be the biggest beneficiary.

Express Scripts (ESRX): The PE is low but there is a lot of controversy. Cramer decided to stay away.

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This article was written by

Mohit is the former Managing Editor for the Breaking News (India team) at Seeking Alpha. Currently working with Benzinga, he was with Seeking Alpha from January 2010 until August 2020. Before joining Seeking Alpha in January 2010, he worked with a start-up equity research firm in the capacity of a Team Leader tracking US company events and results.Born in the U.A.E, he spent most of my growing up years in Dubai. Currently, he resides in Mumbai, India.

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