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Snap Is Going Nowhere - Cramer's Lightning Round (4/9/18)

Apr. 10, 2018 6:29 AM ETHPQ, AMD, X, NUE, TACO, MCD, DRI, SNAP, ESRT, DD, GNMK13 Comments


  • Buy HP at $20.
  • Buy AMD under $10.
  • McDonald's and Darden are good picks in the restaurant group.

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday, April 9.

Bullish Calls

HP, Inc (HPQ): It's doing terrific and Cramer recommended buying at $20.

Advanced Micro Devices (AMD): It doesn't deserve to go down due to bitcoin. Buy under $10.

DowDuPont (DWDP): Cramer is not cutting back on the stock due to just one crop protection problem. CEO Ed Breen is creating value.

GenMark Diagnostics (GNMK): It's a good spec but is not Cramer's cup of tea. He cautioned against putting too much money in the stock.

Bearish Calls

US Steel (X): "Nucor (NUE), which is really the company that doesn't need any help at all from the government. But you know what? It's right that they do because the Chinese are not fair traders. NUE is the one you want to buy."

Del Taco (TACO): No. There are better picks like McDonald's (MCD) or Darden Restaurants (DRI).

Snap (SNAP): This is going nowhere.

Empire State Realty Trust (ESRT): It yields too low for a REIT.


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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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