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Buy Micron Technology At $45 - Cramer's Lightning Round (2/28/18)

Mar. 01, 2018 6:20 AM ETMMP, JNJ, SCS, MLKN, BABA, NOK, MU28 Comments


  • Build a position in Johnson & Johnson on its way down.
  • Magellan Midstream Partners has become cheap.
  • Steelcase doesn't have a catalyst for the stock to be bought.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Wednesday, February 28.

Bullish Calls

Magellan Midstream Partners (MMP): It has become too cheap to ignore.

Johnson & Johnson (JNJ): Build a position slowly on its way down in pyramid fashion.

Alibaba (BABA): It's a good company. Buy some now and some on its way down.

Nokia (NOK): It's turning out to be a good spec due to 5G.

Micron Technology (MU): Let it come down to $45 before buying.

Bearish Call

Steelcase (SCS): Cramer is not a fan. He prefers Herman Miller (MLHR) from that group.


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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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