First Solar Will Hit $80 - Cramer's Lightning Round (1/11/18)

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Includes: CHGG, CLB, FND, FSLR, FUN, LPL, NMRK, OLED, REGN, SLB, ZAGG
by: SA Editor Mohit Manghnani
Summary

Regeneron Pharmaceuticals is a buy despite people giving up on it.

Buy Schlumberger under $72.

Cramer prefers Universal Display over LG Display.

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

Bullish Calls

Floor & Decor Holdings (NYSE:FND): It's red hot and gives growth. Buy it.

Regeneron Pharmaceuticals (NASDAQ:REGN): "Regeneron is a buy, and a lot of people are giving up on this stock. It's got so many irons in the fire, it's crazy."

ZAGG (NASDAQ:ZAGG): The company tells a compelling story. Buy it.

Chegg (NYSE:CHGG): Cramer has liked the stock since it was at $3 because CEO Dan Rosensweig is doing a good job.

Core Laboratories (NYSE:CLB): Cramer likes the stock. He prefers Schlumberger (NYSE:SLB) and suggested buying under $72.

Cedar Fair (NYSE:FUN): It is a good company with a 5% yield.

First Solar (NASDAQ:FSLR): "We did a piece about why the stock's really rampant, and I've got to tell you, it's going to continue to ramp. Probably goes to $80," Cramer said.

Newmark Group (NASDAQ:NMRK): It's a steady stock but not amazing.

Bearish Call

LG Display (NYSE:LPL): Swap out and buy Universal Display (NASDAQ:OLED) instead.

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